SCHEDULE: Nack Y. Paek's MetroCity Bankshares Stake Drops Below 5%

Sentiment:

Beneficial Ownership Report 4 February 2026 11:50 AM

📋All filings for Metrocity Bankshares, INC

Nack Y. Paek reported a 4.63% beneficial ownership in MetroCity Bankshares, Inc. as of December 31, 2024, marking a reduction from previous filings.

Worse than expectedThe filing indicates Nack Y. Paek's beneficial ownership has fallen to 4.63%, below the 5% threshold often monitored by investors.As an 'Amendment No. 1', this suggests a reduction from a previous filing where the stake was likely 5% or more, which could be perceived negatively by some investors as a significant holder has reduced their position.

Summary

Nack Y. Paek beneficially owns 1,333,976 shares of MetroCity Bankshares, Inc. common stock.
This ownership represents 4.63% of the company's outstanding common stock.
The calculation is based on 28,817,967 shares outstanding as of December 31, 2025, as reported in the Issuer's Form 8-K filed on January 30, 2026.
Nack Y. Paek holds sole voting and dispositive power over 1,313,976 shares.
Shared voting and dispositive power is held over 20,000 shares.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as slightly negative. While a routine disclosure, the reduction of a significant individual's stake below 5% could signal a decrease in conviction or a strategic divestment, potentially impacting investor sentiment.

Future Outlook

This filing, a Schedule 13G, does not contain any forward-looking statements or guidance regarding the issuer's future outlook.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for passive investors. A reduction in a significant individual's stake below the 5% threshold, as indicated by this 'Amendment No. 1' filing, can sometimes be interpreted by the market as a slight decrease in confidence or a portfolio rebalancing, though it does not necessarily reflect on the operational performance or strategic direction of MetroCity Bankshares, Inc. within the broader banking sector.

Stakeholder Impact

Shareholders: May interpret the reduction in a significant individual's stake as a signal, potentially influencing their investment decisions.
Company Management: The change in ownership percentage may be noted, but it does not directly impact company operations or strategy as the stake remains below a control threshold.

Key Dates

Date	Description
12/31/2024	Date of event which requires filing of this statement (beneficial ownership calculation date).
12/31/2025	Date for which the number of outstanding shares of common stock (28,817,967) was reported by MetroCity Bankshares, Inc.
01/30/2026	Date MetroCity Bankshares, Inc. filed its Form 8-K (Exhibit 99.1) reporting outstanding shares.
02/04/2026	Date the Schedule 13G Amendment No. 1 was signed by Nack Y. Paek.

Recommendation

hold

While the reduction in a significant individual's stake below 5% could introduce some negative sentiment, this Schedule 13G filing alone provides insufficient information to warrant a 'sell' recommendation. It is a factual disclosure of ownership change, not an operational or financial report. Investors should 'hold' and monitor future company performance and broader market trends for MetroCity Bankshares, Inc. before making further investment decisions.

Keywords

MetroCity Bankshares, Nack Y. Paek, Beneficial Ownership, Schedule 13G, Common Stock, Shareholder, Ownership Disclosure, Banking Sector

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.