The estimated Net Worth of Farid Tan is at least $30.3 Million dollars as of 30 July 2024. Mr. Tan owns over 9,001 units of MetroCity Bankshares Inc stock worth over $27,826,952 and over the last 4 years he sold MCBS stock worth over $1,123,398. In addition, he makes $1,357,080 as President, Chief Financial Officer, and Director of the Company and Chief Executive Officer and Chief Financial Officer of the Bank at MetroCity Bankshares Inc.
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Mr. Tan MCBS stock SEC Form 4 insiders trading
Farid has made over 4 trades of the MetroCity Bankshares Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he sold 9,001 units of MCBS stock worth $288,032 on 30 July 2024.
The largest trade he's ever made was selling 40,700 units of MetroCity Bankshares Inc stock on 14 December 2020 worth over $583,231. On average, Farid trades about 7,333 units every 148 days since 2020. As of 30 July 2024 he still owns at least 944,888 units of MetroCity Bankshares Inc stock.
You can see the complete history of Mr. Tan stock trades at the bottom of the page.
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Farid Tan biography
Farid Tan serves as President, Chief Financial Officer, Director of the Company and Chief Executive Officer and Chief Financial Officer of the Bank of the Company. He has over 39 years of banking experience. Mr. Tan joined the Executive Training Program for Bank Bumiputra Malaysia, a Malaysian bank owned by the Malaysian government, in 1981 where he served in a number of positions both in Malaysia and in New York, including Senior Account Officer, Senior Internal Audit Supervisor, and Senior Foreign Exchange Dealer. He was promoted to Assistant General Manager in 1993, a position that he held for six years before leaving in 1999 to become the Senior Credit Officer for Global Commerce Bank, a local community bank in Doraville, Georgia. He was President and Chief Executive Officer of Global Commerce Bank from 2002 to 2005 before leaving to become President and Chief Executive Officer of Metro City Bank, which opened in early 2006. Mr. Tan was educated at Polytechnic Ungku Omar, Malaysia where he received a diploma in accounting. Mr. Tan served as a member of CFPB’s Community Bank Advisory Council from September 2013 to April 2015. He was also a member of the Association of Cambiste International (ACI) and the Financial Market Association, Malaysia and USA. Mr. Tan is also fluent in three languages, Mandarin, Malay, and English. Mr. Tan provides the board his vast experience in community, regional and international banking that covers financial operations, audit, retail banking, mergers and acquisitions, loan syndication, foreign exchange trading, security investment, strategic planning and portfolio management. He also provides an overall perspective of all facets of the Company’s business, financial condition and strategic direction.
What is the salary of Farid Tan?
As the President, Chief Financial Officer, and Director of the Company and Chief Executive Officer and Chief Financial Officer of the Bank of MetroCity Bankshares Inc, the total compensation of Farid Tan at MetroCity Bankshares Inc is $1,357,080. There are no executives at MetroCity Bankshares Inc getting paid more.
How old is Farid Tan?
Farid Tan is 62, he's been the President, Chief Financial Officer, and Director of the Company and Chief Executive Officer and Chief Financial Officer of the Bank of MetroCity Bankshares Inc since . There are 11 older and 4 younger executives at MetroCity Bankshares Inc. The oldest executive at MetroCity Bankshares Inc is S. Benton Gunter, 78, who is the Executive Vice President, Chief Administrative Officer of the Company and the Bank.
What's Farid Tan's mailing address?
Farid's mailing address filed with the SEC is C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE, GA, 30340.
Insiders trading at MetroCity Bankshares Inc
Over the last 5 years, insiders at MetroCity Bankshares Inc have traded over $28,854,661 worth of MetroCity Bankshares Inc stock and bought 15,500 units worth $299,235 . The most active insiders traders include Don Leung, Feiying Lu, and William M. Hungeling. On average, MetroCity Bankshares Inc executives and independent directors trade stock every 45 days with the average trade being worth of $1,181,799. The most recent stock trade was executed by Sam Sang Koo Shim on 22 August 2024, trading 46,200 units of MCBS stock currently worth $1,288,980.
What does MetroCity Bankshares Inc's logo look like?
Complete history of Mr. Tan stock trades at MetroCity Bankshares Inc
MetroCity Bankshares Inc executives and stock owners
MetroCity Bankshares Inc executives and other stock owners filed with the SEC include:
-
Farid Tan,
President, Chief Financial Officer, Director of the Company and Chief Executive Officer and Chief Financial Officer of the Bank -
Nack Paek,
Chairman of the Board, Chief Executive Officer of the Company and Executive Chairman of the Bank -
Howard Kim,
Executive Vice President, Director of the Company and Chief Lending Officer, Chief Operating Officer, and President of the Bank -
Farid Tan,
Pres & Director -
Nack Young Paek,
Chairman & CEO -
Howard Hwasaeng Kim,
Exec. VP, Chief Lending Officer, COO & Director -
Don Leung,
Independent Vice Chairman of the Board -
Francis Lai,
Independent Director -
Sion Nyen Lai,
Sec. & Director -
William Hungeling,
Independent Director -
Feiying Lu,
Independent Director -
Frank Rhee,
Independent Director -
Ajit Patel,
Independent Director -
Young Park,
Independent Director -
Sam Shim,
Independent Director -
S. Benton Gunter,
Executive Vice President, Chief Administrative Officer of the Company and the Bank -
Lucas Stewart,
Exec. VP & CFO -
Lucas Stewart,
Chief Financial Officer -
Frank Glover,
Director -
William J. Hungeling,
Director