Nack Young Paek
Net Worth

Last updated:

What is Nack Young Paek net worth?

The estimated net worth of Mr. Nack Young Paek is at least $44,709,376 as of 9 Dec 2024. He owns shares worth $36,540,942 as insider, has earned $2,568,434 from insider trading and has received compensation worth at least $5,600,000 in MetroCity Bankshares, Inc..

What is the salary of Nack Young Paek?

Mr. Nack Young Paek salary is $1,120,000 per year as Chairman & Chief Executive Officer in MetroCity Bankshares, Inc..

How old is Nack Young Paek?

Mr. Nack Young Paek is 82 years old, born in 1943.

What stocks does Nack Young Paek currently own?

As insider, Mr. Nack Young Paek owns shares in one company:

Company Title Shares Price per share Total value
MetroCity Bankshares, Inc. (MCBS) Chairman & Chief Executive Officer 1,286,200 $28.41 $36,540,942

What does MetroCity Bankshares, Inc. do?

MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that provides banking products and services in the United States. It provides consumer and commercial checking accounts, savings accounts, certificates of deposits, money transfers, and other banking services. The company also offers construction and development, commercial real estate, commercial and industrial, single family residential mortgage, small business administration, and other consumer loans; and online banking, treasury management, wire transfer, automated clearing house, and cash management services. It serves small to medium-sized businesses, individuals, businesses, municipalities, and other entities. The company operates 19 full-service branch locations in Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia. The company was founded in 2006 and is headquartered in Doraville, Georgia.

Nack Young Paek insider trading

MetroCity Bankshares, Inc.

Mr. Nack Young Paek has made 12 insider trades between 2020-2024, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 31,713 units of MCBS stock on 25 Jul 2024. As of 9 Dec 2024 he still owns at least 1,286,200 units of MCBS stock.

Transaction Date Security Shares Price per share Total value Source
Option
Common Stock 23,622 $12.7 $299,999
Option
Stock Option (Right to Buy) 23,622 $12.7 $299,999
Sale
Common Stock 31,713 $30.88 $979,297
Sale
Common Stock 18,287 $30.71 $561,594
Sale
Common Stock 26,800 $20.79 $557,279
Sale
Common Stock 2,763 $20.11 $55,556
Sale
Common Stock 5,393 $20.22 $109,057
Sale
Common Stock 1,184 $20.21 $23,932
Sale
Common Stock 13,860 $20.33 $281,718
Sale
Common Stock 27,400 N/A N/A
Sale
Common Stock 15,000 N/A N/A
Sale
Common Stock 15,600 N/A N/A
Sale
Common Stock 22,000 N/A N/A
Sale
Common Stock 20,000 N/A N/A

MetroCity Bankshares key executives

MetroCity Bankshares, Inc. executives and other stock owners filed with the SEC: