---
schema_version: "secwatch.filing_event.v1"
accession: "0001747068-21-000067"
form_type: "8-K"
ticker: "MCBS"
cik: "0001747068"
company_name: "MetroCity Bankshares, Inc."
filed_at: "2021-10-20T23:59:59+00:00"
generated_at: "2026-06-28T19:42:14.754699+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MetroCity appoints Lucas Stewart as CFO; declares $0.14 quarterly dividend

## Summary
- Lucas Stewart named Executive VP and CFO effective Oct 20, 2021, replacing Farid Tan who remains President.
- Stewart previously served as Senior VP and Chief Accounting Officer since May 2019; has 18 years of banking experience.
- Quarterly cash dividend of $0.14 per share declared, payable Nov 12, 2021 to holders of record Nov 3, 2021.

## SEC filing metadata
- accession: 0001747068-21-000067
- form_type: 8-K
- ticker: MCBS
- cik: 0001747068
- company_name: MetroCity Bankshares, Inc.
- filed_at: 2021-10-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747068/000174706821000067/0001747068-21-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747068/000174706821000067/mcbs-20211020x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001747068-21-000067
- JSON: https://secwatch.observer/filing/0001747068-21-000067.json
- Plain text: https://secwatch.observer/filing/0001747068-21-000067.txt

## Key facts
- Executive change
  Lucas Stewart was appointed as Executive Vice President and Chief Financial Officer at MetroCity Bankshares, Inc..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On October 20, 2021, MetroCity Bankshares, Inc. (the “Company”) announced that its Board of Directors has appointed Lucas Stewart to serve as its Executive Vice President and Chief Financial Officer, effective October 20, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747068/000174706821000067/0001747068-21-000067-index.htm
- Executive change
  Farid Tan changed role as President at MetroCity Bankshares, Inc..
  - Role: President
  source text: Mr. Stewart replaces Farid Tan as the Company’s Chief Financial Officer, and Mr. Tan will continue to serve as the Company’s President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747068/000174706821000067/0001747068-21-000067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.