{"schema_version":"secwatch.filing_event.v1","accession":"0001747068-25-000009","form_type":"8-K","ticker":"MCBS","cik":"0001747068","company_name":"MetroCity Bankshares, Inc.","filed_at":"2025-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.699622+00:00","generated_at":"2026-05-24T11:54:34.119984+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"MetroCity Bankshares director Sam Sang-Koo Shim to resign effective May 31, 2025","bullets":["Director Sam Sang-Koo Shim resigns from MetroCity Bankshares and Metro City Bank boards, eff. May 31, 2025.","Additionally resigns from Audit, Nominating and Governance, and Compensation Committees.","Resignation not due to any disagreement with company or management."],"urls":{"canonical":"https://secwatch.observer/filing/0001747068-25-000009","json":"https://secwatch.observer/filing/0001747068-25-000009.json","markdown":"https://secwatch.observer/filing/0001747068-25-000009.md","text":"https://secwatch.observer/filing/0001747068-25-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1747068/000174706825000009/0001747068-25-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1747068/000174706825000009/mcbs-20250319x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T11:54:34.119984+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7093fe8dda","claim":"Sam Sang-Koo Shim resigned as Director at MetroCity Bankshares, Inc..","evidence_excerpt":"On March 19, 2025, Sam Sang-Koo Shim notified MetroCity Bankshares, Inc. (the “Company”) and Metro City Bank, the wholly owned banking subsidiary of the Company (the “Bank”), of his decision to resign as a member of the Board of Directors (the “Board”) of the Company and the Bank, effective as of May 31, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1747068/000174706825000009/0001747068-25-000009-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}