Officer at Medallion Financial (MFIN) awarded 25,941 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Medallion Financial Corp. insider equity grant: President of Medallion Bank, David Justin Haley, reported receiving an award of 25,941 shares of Medallion Financial common stock on February 10, 2026. The award was made at a price of $0 per share as equity compensation.
These are restricted shares granted under the Medallion Financial Corp. 2018 Equity Incentive Plan. They will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029, if the vesting conditions are met. After this grant, Haley directly holds a total of 138,331 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Haley David Justin
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,941 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 138,331 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Medallion Financial (MFIN) report for David Justin Haley?
Medallion Financial reported that David Justin Haley received a grant of 25,941 restricted common shares on February 10, 2026. The shares were awarded at $0 per share as equity compensation under the company’s 2018 Equity Incentive Plan, increasing his direct holdings to 138,331 shares.
Was the Medallion Financial (MFIN) Form 4 transaction a purchase or an equity award?
The Form 4 shows an equity award, not a market purchase. Transaction code “A” reflects a grant or other acquisition of 25,941 restricted common shares at $0 per share under the 2018 Equity Incentive Plan, rather than an open-market buy or sell transaction.
What role does David Justin Haley hold in relation to Medallion Financial (MFIN)?
David Justin Haley is identified as an officer related to Medallion Financial, specifically serving as President of Medallion Bank. His position is disclosed in the Form 4 remarks section, explaining why his equity-based compensation must be reported under Section 16 insider reporting rules.