Medallion Financial (NASDAQ: MFIN) EVP covers tax bill with 3,298 withheld shares

Rhea-AI Filing Summary

MEDALLION FINANCIAL CORP executive vice president Jeffrey D. Rudnick reported a Form 4 showing 3,298 shares of common stock were withheld by the company on March 1, 2026 to cover tax obligations upon vesting of restricted stock awards. After this tax-withholding disposition, he directly owns 24,873 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^*

Rudnick Jeffrey D.

(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)
	Executive Vice President

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		3,298(1)	D	$10.09	24,873	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.

	/s/ Jeffrey D. Rudnick	03/02/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did MFIN executive Jeffrey Rudnick report on this Form 4?

Jeffrey Rudnick reported a tax-withholding disposition of 3,298 MFIN common shares. The shares were withheld by Medallion Financial to satisfy tax obligations when previously granted restricted stock vested under the 2018 Equity Incentive Plan.

Was the MFIN Form 4 transaction an open-market sale of shares?

No, the Form 4 transaction was not an open-market sale. Shares were withheld by Medallion Financial to pay taxes due on vesting restricted stock, a transaction exempt under Rule 16b-3 rather than a discretionary sale into the market.

How many MFIN shares did Jeffrey Rudnick dispose of for tax withholding?

Jeffrey Rudnick disposed of 3,298 MFIN common shares through tax withholding. These shares were retained by the issuer to cover income tax obligations arising when his restricted stock awards vested, rather than being sold to outside investors.

How many Medallion Financial (MFIN) shares does Rudnick hold after this Form 4 transaction?

After the tax-withholding disposition, Jeffrey Rudnick directly holds 24,873 MFIN common shares. This post-transaction balance reflects his remaining ownership following the 3,298 shares withheld by the issuer to satisfy his vesting-related tax liabilities.

What plan governed the restricted stock in Jeffrey Rudnick’s MFIN Form 4?

The restricted stock referenced in the Form 4 was granted under the Medallion Financial Corp. 2018 Equity Incentive Plan. Shares were withheld under this plan framework to cover taxes due when those restricted stock awards vested in 2026.