Farid Tan
Net Worth

Last updated:

What is Farid Tan net worth?

The estimated net worth of Mr. Farid Tan is at least $32,942,502 as of 9 Dec 2024. He owns shares worth $25,991,968 as insider, has earned $1,350,534 from insider trading and has received compensation worth at least $5,600,000 in MetroCity Bankshares, Inc..

What is the salary of Farid Tan?

Mr. Farid Tan salary is $1,120,000 per year as Pres & Director in MetroCity Bankshares, Inc..

How old is Farid Tan?

Mr. Farid Tan is 67 years old, born in 1958.

What stocks does Farid Tan currently own?

As insider, Mr. Farid Tan owns shares in one company:

Company Title Shares Price per share Total value
MetroCity Bankshares, Inc. (MCBS) Pres & Director 914,888 $28.41 $25,991,968

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.

Farid Tan insider trading

MetroCity Bankshares, Inc.

Mr. Farid Tan has made 13 insider trades between 2020-2024, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 23,622 units of MCBS stock on 9 Dec 2024. As of 9 Dec 2024 he still owns at least 914,888 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 5,983 $35.64 $213,240
Sale
Common Stock 749 $35.56 $26,634
Sale
Common Stock 400 $35.5 $14,200
Sale
Common Stock 1,868 $35.55 $66,409
Sale
Common Stock 10,000 $33.33 $333,300
Sale
Common Stock 1,000 $34.55 $34,550
Sale
Common Stock 10,000 $34.22 $342,200
Sale
Common Stock 9,001 $32 $288,032
Sale
Common Stock 502 $32 $16,064
Sale
Common Stock 497 $32 $15,904
Sale
Common Stock 19,500 N/A N/A
Sale
Common Stock 21,200 N/A N/A
Sale
Common Stock 15,300 N/A N/A

MetroCity Bankshares key executives

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