Medallion Financial (MFIN) director awarded 12,981 RSUs as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hallenbeck Cynthia A reported acquisition or exercise transactions in this Form 4 filing.
Medallion Financial Corp director Cynthia A. Hallenbeck received a compensation grant of 12,981 restricted stock units (RSUs). Each RSU represents a right to one share of common stock. The RSUs were granted at no cash cost and will fully vest on June 9, 2027. Settlement of the shares is deferred until her service on the Board of Directors ends. Following this award, she holds 90,686 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hallenbeck Cynthia A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,981 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 90,686 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs issued pursuant to the Medallion Financial Corp. 2018 Equity Incentive Plan will fully vest on June 9, 2027 and settlement is deferred until termination of service as a member of the Board of Directors.
Key Figures
RSUs granted: 12,981 units
Grant price: $0.00 per unit
RSUs after grant: 90,686 units
+1 more
4 metrics
RSUs granted
12,981 units
Restricted stock unit grant on June 9, 2026
Grant price
$0.00 per unit
Equity compensation award, no cash paid by director
RSUs after grant
90,686 units
Total restricted stock units directly held after transaction
Vesting date
June 9, 2027
Date when granted RSUs fully vest
Key Terms
Restricted Stock Units, RSU, Equity Incentive Plan, settlement is deferred, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Equity Incentive Plan financial
"The RSUs issued pursuant to the Medallion Financial Corp. 2018 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
settlement is deferred financial
"settlement is deferred until termination of service as a member of the Board of Directors"
Board of Directors financial
"termination of service as a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Cynthia A. Hallenbeck report in this MFIN Form 4 filing?
Cynthia A. Hallenbeck reported receiving 12,981 restricted stock units as compensation. Each unit represents a right to one Medallion Financial Corp common share, granted at no cash cost and subject to future vesting and settlement conditions.
How many Medallion Financial (MFIN) RSUs did the director receive?
The director received 12,981 restricted stock units. These units convert into an equal number of Medallion Financial Corp common shares after vesting, providing additional equity-based compensation aligned with the company’s performance over time.
When do Cynthia Hallenbeck’s new Medallion Financial (MFIN) RSUs vest?
The newly granted restricted stock units will fully vest on June 9, 2027. Vesting means the director earns the right to the underlying shares, subject to continuing service on Medallion Financial Corp’s Board of Directors until that date.
What happens when Medallion Financial (MFIN) RSUs settle for the director?
Upon settlement, each RSU converts into one share of Medallion Financial common stock. For this grant, settlement is deferred until Cynthia Hallenbeck’s service as a member of the Board of Directors terminates, delaying actual share delivery.
How many Medallion Financial (MFIN) RSUs does Cynthia Hallenbeck hold after this grant?
After the new award, Cynthia Hallenbeck directly holds 90,686 restricted stock units. This total reflects her cumulative RSU-based equity position in Medallion Financial Corp following the June 9, 2026 compensation grant.