MetroCity Bankshares, Inc.
US ˙ NasdaqGS ˙ US59165J1051

Introduction

This page provides a comprehensive analysis of the known insider trading history of Don Leung. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

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Companies with Reported Insider Positions

The SEC filings indicate Don Leung has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:MCBS / MetroCity Bankshares, Inc. Director 816,595
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Don Leung. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases MCBS / MetroCity Bankshares, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MCBS / MetroCity Bankshares, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MCBS / MetroCity Bankshares, Inc. Insider Trades
Insider Sales MCBS / MetroCity Bankshares, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MCBS / MetroCity Bankshares, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2024-07-29 MCBS Leung Don 1,256 31.4700 1,256 31.4700 39,526 249 25.3300 -7,712 -19.51
2024-07-26 MCBS Leung Don 11,193 31.1100 11,193 31.1100 348,214
2024-07-25 MCBS Leung Don 9,554 31.0700 9,554 31.0700 296,843
2024-07-24 MCBS Leung Don 10,511 31.1300 10,511 31.1300 327,207
2024-07-23 MCBS Leung Don 66,203 31.1100 66,203 31.1100 2,059,575
2024-07-22 MCBS Leung Don 17,014 31.0200 17,014 31.0200 527,774
2024-07-17 MCBS Leung Don 68,321 28.5900 68,321 28.5900 1,953,297
2024-07-16 MCBS Leung Don 55,413 28.5600 55,413 28.5600 1,582,595
2024-07-15 MCBS Leung Don 26,205 28.5000 26,205 28.5000 746,842
2024-07-12 MCBS Leung Don 61 28.5000 61 28.5000 1,738
2021-03-09 MCBS Leung Don 18,028 15.6170 18,028 15.6170 281,543
2021-03-08 MCBS Leung Don 6,972 15.5860 6,972 15.5860 108,666
2021-03-04 MCBS Leung Don 9,248 14.9990 9,248 14.9990 138,711
2021-03-04 MCBS Leung Don 3,195 14.9710 3,195 14.9710 47,832
2021-03-03 MCBS Leung Don 9,659 15.0020 9,659 15.0020 144,904
2021-03-03 MCBS Leung Don 7,887 14.9940 7,887 14.9940 118,258
2021-02-25 MCBS Leung Don 4,937 14.9500 4,937 14.9500 73,808
2021-02-25 MCBS Leung Don 3,250 14.9500 3,250 14.9500 48,588
2021-02-23 MCBS Leung Don 3,600 14.8620 3,600 14.8620 53,503
2021-02-22 MCBS Leung Don 4,059 14.8570 4,059 14.8570 60,305
2021-02-22 MCBS Leung Don 768 14.8500 768 14.8500 11,405
2021-02-16 MCBS Leung Don 232 14.8500 232 14.8500 3,445
2021-02-12 MCBS Leung Don 500 14.8500 500 14.8500 7,425
2021-02-12 MCBS Leung Don 300 14.8500 300 14.8500 4,455
2021-02-11 MCBS Leung Don 2,956 14.8640 2,956 14.8640 43,938
2021-02-11 MCBS Leung Don 1,304 14.8660 1,304 14.8660 19,385
2021-02-10 MCBS Leung Don 7,541 14.8530 7,541 14.8530 112,006
2021-02-10 MCBS Leung Don 6,496 14.8560 6,496 14.8560 96,505
2021-02-09 MCBS Leung Don 3,087 14.8580 3,087 14.8580 45,867
2021-02-09 MCBS Leung Don 3,400 14.8580 3,400 14.8580 50,517
2021-02-08 MCBS Leung Don 2,101 14.8590 2,101 14.8590 31,219
2021-02-08 MCBS Leung Don 1,832 14.8780 1,832 14.8780 27,256
2019-10-07 MCBS Leung Don 100,000 13.5000 100,000 13.5000 1,350,000

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MCBS / MetroCity Bankshares, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Don Leung as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2025-06-03 2025-06-02 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		A - Award 859 816,595 0.11 27.94 24,000 22,815,664
2024-07-31 2024-07-29 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -1,256 815,736 -0.15 31.47 -39,526 25,671,212
2024-07-29 2024-07-26 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -11,193 816,992 -1.35 31.11 -348,214 25,416,621
2024-07-26 2024-07-25 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -9,554 828,185 -1.14 31.07 -296,843 25,731,708
2024-07-26 2024-07-24 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -10,511 837,739 -1.24 31.13 -327,207 26,078,815
2024-07-24 2024-07-23 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -66,203 848,250 -7.24 31.11 -2,059,575 26,389,058
2024-07-24 2024-07-22 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -17,014 914,453 -1.83 31.02 -527,774 28,366,332
2024-07-18 2024-07-17 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -68,321 931,467 -6.83 28.59 -1,953,297 26,630,642
2024-07-18 2024-07-16 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -55,413 999,788 -5.25 28.56 -1,582,595 28,553,945
2024-07-16 2024-07-15 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -26,205 1,055,201 -2.42 28.50 -746,842 30,073,228
2024-07-16 2024-07-12 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -61 1,081,406 -0.01 28.50 -1,738 30,820,071
2024-06-04 2024-06-03 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		A - Award 892 1,081,467 0.08 24.65 21,988 26,658,162
2023-06-02 2023-06-01 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		A - Award 1,339 1,080,575 0.12 16.43 22,000 17,753,847
2022-06-02 2022-06-01 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		A - Award 984 1,079,236 0.09 20.31 19,985 21,919,283
2021-07-08 2021-06-01 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		A - Award 1,162 1,078,252 0.11 17.21 19,998 18,556,717
2021-03-10 2021-03-09 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -18,028 1,077,090 -1.65 15.62 -281,543 16,820,915
2021-03-10 2021-03-08 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -6,972 1,095,118 -0.63 15.59 -108,666 17,068,509
2021-03-05 2021-03-04 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -3,195 0 -100.00 14.97 -47,832
2021-03-05 2021-03-04 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -9,248 1,102,090 -0.83 15.00 -138,711 16,530,248
2021-03-05 2021-03-03 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -7,887 3,195 -71.17 14.99 -118,258 47,906
2021-03-05 2021-03-03 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -9,659 1,111,338 -0.86 15.00 -144,904 16,672,293
2021-03-01 2021-02-25 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -3,250 11,082 -22.68 14.95 -48,588 165,676
2021-03-01 2021-02-25 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -4,937 1,120,997 -0.44 14.95 -73,808 16,758,905
2021-02-24 2021-02-23 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -3,600 1,125,934 -0.32 14.86 -53,503 16,733,631
2021-02-24 2021-02-22 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -768 14,332 -5.09 14.85 -11,405 212,830
2021-02-24 2021-02-22 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -4,059 1,129,534 -0.36 14.86 -60,305 16,781,487
2021-02-17 2021-02-16 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -232 15,100 -1.51 14.85 -3,445 224,235
2021-02-17 2021-02-12 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -300 15,332 -1.92 14.85 -4,455 227,680
2021-02-17 2021-02-12 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -500 1,133,593 -0.04 14.85 -7,425 16,833,856
2021-02-12 2021-02-11 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -1,304 15,632 -7.70 14.87 -19,385 232,385
2021-02-12 2021-02-11 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -2,956 1,134,093 -0.26 14.86 -43,938 16,857,158
2021-02-12 2021-02-10 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -6,496 16,936 -27.72 14.86 -96,505 251,601
2021-02-12 2021-02-10 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -7,541 1,137,049 -0.66 14.85 -112,006 16,888,589
2021-02-10 2021-02-09 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -3,400 23,432 -12.67 14.86 -50,517 348,153
2021-02-10 2021-02-09 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -3,087 1,144,590 -0.27 14.86 -45,867 17,006,318
2021-02-10 2021-02-08 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -1,832 26,832 -6.39 14.88 -27,256 399,206
2021-02-10 2021-02-08 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -2,101 1,147,677 -0.18 14.86 -31,219 17,053,333
2020-06-03 3/A MCBS MetroCity Bankshares, Inc.
Common Stock 		1,249,778
2020-06-03 3/A MCBS MetroCity Bankshares, Inc.
Common Stock 		28,664
2019-10-07 2019-10-07 4 MCBS MetroCity Bankshares, Inc.
Common Stock 		S - Sale -100,000 1,147,834 -8.01 13.50 -1,350,000 15,495,759
2019-10-02 3 MCBS MetroCity Bankshares, Inc.
Common Stock 		2,524,332
2019-10-02 3 MCBS MetroCity Bankshares, Inc.
Common Stock 		1,305,162
2019-10-02 3 MCBS MetroCity Bankshares, Inc.
Common Stock 		2,524,332
2019-10-02 3 MCBS MetroCity Bankshares, Inc.
Common Stock 		1,305,162
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)