The estimated Net Worth of Ajit A. Patel is at least $1.27 Milion dollars as of 10 March 2023. Mr. Patel owns over 5,000 units of MetroCity Bankshares Inc stock worth over $147,250 and over the last 5 years he sold MCBS stock worth over $1,082,600. In addition, he makes $44,500 as Independent Director at MetroCity Bankshares Inc.
Ajit has made over 3 trades of the MetroCity Bankshares Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 5,000 units of MCBS stock worth $83,750 on 10 March 2023.
The largest trade he's ever made was selling 75,000 units of MetroCity Bankshares Inc stock on 7 October 2019 worth over $1,012,500. On average, Ajit trades about 12,143 units every 179 days since 2019. As of 10 March 2023 he still owns at least 5,000 units of MetroCity Bankshares Inc stock.
You can see the complete history of Mr. Patel stock trades at the bottom of the page.
Ajit A. Patel serves as Independent Director of the Company. Mr. Patel is the Managing Member of Amrit & Sons I, LLC and Relax Hospitality, LLC, positions he has held since 1999 and 2010, respectively, and he is also an owner and operator of two hotels in Pensacola, Florida. He also served as a director and treasurer of Visit Pensacola, Inc. from 2014 to 2016. In addition, he worked as a financial consultant at the Ayco Company from 1993 to 1997. Mr. Patel was educated in London at the City University where he graduated with honors in Economics and Accountancy. He also received a Master’s Degree in Taxation from Georgia State University.
As the Independent Director of MetroCity Bankshares Inc, the total compensation of Ajit Patel at MetroCity Bankshares Inc is $44,500. There are 11 executives at MetroCity Bankshares Inc getting paid more, with Nack Paek having the highest compensation of $1,357,080.
Ajit Patel is 55, he's been the Independent Director of MetroCity Bankshares Inc since 2006. There are 14 older and 1 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.
Ajit's mailing address filed with the SEC is C/O METROCITY BANKSHARES, INC., 5114 BUFORD HIGHWAY, DORAVILLE, GA, 30340.
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 a 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.
MetroCity Bankshares Inc executives and other stock owners filed with the SEC include: