Medallion Financial (MFIN) director awarded 12,981 RSUs under 2018 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MEYER ROBERT reported acquisition or exercise transactions in this Form 4 filing.
MEDALLION FINANCIAL CORP director Robert Meyer received a grant of 12,981 restricted stock units. These RSUs were awarded as compensation and each unit represents a contingent right to receive one share of Medallion Financial common stock.
The RSUs were granted under the Medallion Financial Corp. 2018 Equity Incentive Plan and will fully vest on June 9, 2027. Settlement of the award is deferred until Meyer’s service on the Board of Directors ends. Following this grant, he holds 78,298 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MEYER ROBERT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,981 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 78,298 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
RSUs after grant: 78,298 units
Grant price: $0.0000 per unit
+1 more
4 metrics
RSUs granted
12,981 units
Restricted stock unit award to director on June 9, 2026
RSUs after grant
78,298 units
Total restricted stock units directly held following transaction
Grant price
$0.0000 per unit
Compensation grant with no cash paid by the director
Vesting date
June 9, 2027
Date RSUs granted to Robert Meyer fully vest
Key Terms
Restricted Stock Units, contingent right, 2018 Equity Incentive Plan, settlement is deferred
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock."
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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock."
2018 Equity Incentive Plan financial
"The RSUs issued pursuant to the Medallion Financial Corp. 2018 Equity Incentive Plan will fully vest on June 9, 2027"
settlement is deferred financial
"settlement is deferred until termination of service as a member of the Board of Directors."
FAQ
What insider transaction did MEDALLION FINANCIAL CORP (MFIN) report for Robert Meyer?
MEDALLION FINANCIAL CORP reported that director Robert Meyer received 12,981 restricted stock units as a compensation grant. Each RSU represents a contingent right to one share of common stock, increasing his directly held RSUs to 78,298 after this award.
What are the terms of Robert Meyer’s new RSU award at MEDALLION FINANCIAL CORP (MFIN)?
Robert Meyer’s RSU award of 12,981 units vests in full on June 9, 2027. The grant was issued under the Medallion Financial Corp. 2018 Equity Incentive Plan, and settlement into common stock occurs only after his service on the Board of Directors ends.
How many restricted stock units does Robert Meyer hold after this Form 4 for MFIN?
After this transaction, Robert Meyer holds 78,298 restricted stock units directly. These RSUs each represent a contingent right to receive one share of MEDALLION FINANCIAL CORP common stock, subject to vesting and settlement conditions tied to his Board service.
When will Robert Meyer’s MEDALLION FINANCIAL CORP (MFIN) RSUs fully vest?
The RSUs granted to Robert Meyer will fully vest on June 9, 2027. Even after vesting, settlement into Medallion Financial common stock is deferred until he terminates service as a member of the company’s Board of Directors, according to the award terms.
Under which plan were Robert Meyer’s MEDALLION FINANCIAL CORP RSUs granted?
Robert Meyer’s 12,981 restricted stock units were granted under the Medallion Financial Corp. 2018 Equity Incentive Plan. This plan authorizes equity-based compensation awards such as RSUs to directors and others, aligning their interests with long-term shareholder value creation.