Tax withholding share disposition at Medallion Financial (NASDAQ: MFIN)

Rhea-AI Filing Summary

Medallion Financial Corp executive reports tax-share withholding. On this Form 4, David Justin Haley reported a disposition of 7,819 shares of Medallion Financial common stock at $10.09 per share. The shares were withheld by the company to cover tax obligations on previously granted restricted stock that vested, leaving him with 130,512 directly owned shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Haley David Justin

(Last) (First) (Middle)

C/O MEDALLION FINANCIAL CORP.

437 MADISON AVENUE

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MEDALLION FINANCIAL CORP [ MFIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/01/2026		F		7,819(1)	D	$10.09	130,512	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld by the Issuer to satisfy tax obligations arising upon vesting of restricted stock awards granted previously under the Medallion Financial Corp. 2018 Equity Incentive Plan in a transaction exempt under Rule 16b-3 under the Securities Exchange Act of 1934.

Remarks:

President of Medallion Bank

	/s/ David Justin Haley	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Medallion Financial (MFIN) report on this Form 4?

Medallion Financial reported that executive David Justin Haley had 7,819 common shares withheld by the company to cover tax obligations upon vesting of restricted stock awards. This was a tax-withholding disposition, not an open-market sale, under the company’s 2018 Equity Incentive Plan.

Was the Medallion Financial (MFIN) insider transaction an open-market sale?

No, the transaction was not an open-market sale. Shares were withheld by Medallion Financial to satisfy tax liabilities when previously granted restricted stock vested, in a transaction exempt under Rule 16b-3. The executive did not actively sell shares into the market in this filing.

How many Medallion Financial (MFIN) shares were involved in the tax withholding?

A total of 7,819 Medallion Financial common shares were withheld at $10.09 per share to cover tax obligations on vesting restricted stock. This reduced the reported holdings for that portion, while the executive continued to directly own 130,512 shares after the transaction was completed.

How many Medallion Financial (MFIN) shares does the insider own after this Form 4?

After the tax-withholding disposition, David Justin Haley directly owns 130,512 Medallion Financial common shares. The reduction came solely from shares withheld to satisfy taxes on vested restricted stock awards, as disclosed in the Form 4 and related footnote to the reported transaction.

What plan governed the restricted stock in this Medallion Financial (MFIN) filing?

The restricted stock awards were granted under the Medallion Financial Corp. 2018 Equity Incentive Plan. Shares were withheld when those awards vested to satisfy related tax obligations, with the transaction characterized as exempt under Rule 16b-3 of the Securities Exchange Act of 1934.