Medallion EVP uses shares to cover tax on vesting
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.
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.
Positive
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Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 3,298 shares
Exercise Price or Tax Liability
1 txn
Insider
Rudnick Jeffrey D.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,298 | $10.09 | $33K |
Holdings After Transaction:
Common Stock — 24,873 shares (Direct)
Footnotes (1)
- F1. 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.
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.
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.
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