Form 8-K

8-K — MetroCity Bankshares, Inc.

Accession: 0001104659-26-065677

Filed: 2026-05-22

Period: 2026-05-21

CIK: 0001747068

SIC: 6022 (STATE COMMERCIAL BANKS)

Item: Submission of Matters to a Vote of Security Holders

Documents

8-K — mcbs-20260521x8k.htm (Primary)

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8-K

8-K (Primary)

Filename: mcbs-20260521x8k.htm · Sequence: 1

METROCITY BANKSHARES, INC._May 21, 2026

0001747068false00017470682026-05-212026-05-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 21, 2026

METROCITY BANKSHARES, INC.

(Exact name of registrant as specified in its charter)

Georgia

No. 001-39068

47-2528408

(State or other jurisdiction of

incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

5114 Buford Highway

Doraville, Georgia

30340

(Address of principal executive offices)

(Zip Code)

(770) 455-4989

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each Exchange on which registered

Common Stock, par value $0.01 per share

MCBS

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

Item 5.07 Submission of Matters to a Vote of Security Holders.

On May 21, 2026, MetroCity Bankshares, Inc. (the “Company”) held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”). Of the 28,660,042 shares of common stock of the Company outstanding as of the record date for the Annual Meeting, 20,401,807 shares, or 71.19% of the outstanding common shares entitled to vote, were represented in person or by proxy at the Annual Meeting, constituting a quorum. At the Annual Meeting, the Company’s shareholders voted on the matters disclosed in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 20, 2026 (the “Proxy Statement”). The final voting results of each of the proposals voted on by the Company’s shareholders at the Annual Meeting are described below:

Proposal 1 – Election of Directors: To elect four (4) incumbent Class II directors named in the proxy statement to serve until the 2029 Annual Meeting of Shareholders and one (1) new Class I director named in the proxy statement to serve until the 2028 Annual Meeting of Shareholders to align with the other Class I directors, in each case until their successors have been duly elected and qualified.

Director

Votes For

Votes Against

Abstain

Broker Non-Votes

Nack Y. Paek

16,982,395

560,089

2,859,323

Frank Glover

16,943,541

579,874

19,069

2,859,323

William J. Hungeling

16,979,414

544,001

19,069

2,859,323

Francis Lai

14,879,733

2,656,568

22,163

2,843,343

David Shim

17,451,669

85,848

4,967

2,859,323

In accordance with the recommendation of the Company’s board of directors (the “Board”) and consistent with the voting results on this non-binding advisory proposal, the Board has determined that the Company will hold future shareholder advisory votes on the compensation of the Company’s named executive officers every two years, until the next required vote on the frequency of shareholder advisory votes on the compensation of the Company’s named executive officers.

Proposal 2 – Ratification of Auditors: To ratify the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2026.

Votes For

Votes Against

Abstain

Broker Non-Votes

20,346,364

16,551

22,912

15,980

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

METROCITY BANKSHARES, INC.

Date: May 22, 2026

By:

/s/ Farid Tan

Farid Tan

President and Interim Chief Financial Officer

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May 21, 2026

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