Medallion (NASDAQ: MFIN) CFO covers tax bill with share withholding

Rhea-AI Filing Summary

Medallion Financial Corp’s Chief Financial Officer Anthony N. Cutrone reported a tax-related share withholding tied to vesting equity awards. On March 1, 2026, 13,992 shares of common stock were withheld at $10.09 per share to satisfy tax obligations upon vesting of restricted stock.

These shares were withheld by the company under its 2018 Equity Incentive Plan in a transaction exempt under Rule 16b-3, rather than sold in the open market. After this tax-withholding disposition, Cutrone directly held 101,564 common 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^*

Cutrone Anthony N.

(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)
	Chief Financial Officer

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		13,992(1)	D	$10.09	101,564	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/ Anthony N. Cutrone	03/02/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did MFIN’s CFO report on this Form 4?

Medallion Financial’s CFO Anthony N. Cutrone reported a tax-withholding disposition of 13,992 common shares. The shares were withheld by the company to cover taxes due on vesting restricted stock awards under its 2018 Equity Incentive Plan.

Was the MFIN CFO’s Form 4 transaction an open-market stock sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Medallion Financial withheld 13,992 shares to satisfy Anthony Cutrone’s tax obligations when previously granted restricted stock awards vested under the company’s 2018 Equity Incentive Plan.

How many MFIN shares were withheld for taxes from the CFO’s awards?

A total of 13,992 Medallion Financial common shares were withheld for taxes. The withholding occurred at $10.09 per share when restricted stock awards vested, as part of a transaction exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

How many MFIN shares does the CFO hold after this Form 4 transaction?

After the reported tax-withholding disposition, CFO Anthony Cutrone directly holds 101,564 Medallion Financial common shares. This figure reflects his ownership following the company’s withholding of 13,992 shares to cover tax obligations arising from vested restricted stock awards.

What SEC rule exemption applies to the MFIN CFO’s share withholding?

The transaction is described as exempt under Rule 16b-3 of the Securities Exchange Act. This rule generally covers issuer-related transactions such as share withholding for taxes on equity compensation, like the vested restricted stock awards reported for Medallion Financial’s CFO.