Medallion Financial (MFIN) CEO receives 77,220-share stock award

Rhea-AI Filing Summary

Medallion Financial Corp. executive and director Andrew Murstein acquired 77,220 restricted shares of common stock on February 10, 2026 through an equity award. The shares were granted at a price of $0 under the Medallion Financial Corp. 2018 Equity Incentive Plan.

The award will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. After this grant, Murstein beneficially owns 864,408 shares directly and 1,481,963 shares indirectly through the Andrew Murstein Family Trust.

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

OMB APPROVAL

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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^*

MURSTEIN ANDREW

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

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	02/10/2026		A		77,220(1)	A	$0	864,408	D
Common Stock								1,481,963	I	See Footnote(2)

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. Represents restricted shares of common stock awarded under the Medallion Financial Corp. 2018 Equity Incentive Plan which will vest in equal one-third increments on March 1, 2027, March 1, 2028 and March 1, 2029.

2. Represents shares beneficially owned by the Andrew Murstein Family Trust.

Remarks:

President, Chief Executive Officer and Chief Operating Officer

	/s/ Andrew M. Murstein	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Medallion Financial Corp. (MFIN) report for Andrew Murstein?

Medallion Financial Corp. reported that Andrew Murstein received an award of 77,220 restricted shares of common stock on February 10, 2026. The grant was made at a price of $0 as part of his equity-based compensation under the company’s 2018 Equity Incentive Plan.

How many Medallion Financial (MFIN) shares does Andrew Murstein own after this Form 4 transaction?

After the reported transaction, Andrew Murstein beneficially owns 864,408 shares of Medallion Financial common stock directly. In addition, 1,481,963 shares are beneficially owned indirectly through the Andrew Murstein Family Trust, reflecting both his personal and trust-related holdings as disclosed.

What is the vesting schedule for Andrew Murstein’s 77,220 restricted Medallion shares?

The 77,220 restricted shares awarded to Andrew Murstein vest in three equal one-third increments. Vesting dates are March 1, 2027, March 1, 2028, and March 1, 2029, aligning the equity compensation with a multi-year service and performance period at Medallion Financial Corp.

Was Andrew Murstein’s Medallion Financial stock award a purchase or a grant?

The transaction was a grant, not an open-market purchase. Andrew Murstein received 77,220 restricted shares at a price of $0, categorized as a grant, award, or other acquisition under the company’s 2018 Equity Incentive Plan rather than a cash-funded share purchase.

What does the Andrew Murstein Family Trust holding mean for Medallion Financial (MFIN) shares?

The filing discloses that 1,481,963 Medallion Financial shares are beneficially owned indirectly through the Andrew Murstein Family Trust. This indicates a significant block of shares associated with Murstein via the trust structure, separate from his directly held 864,408 common shares.

What roles does Andrew Murstein hold at Medallion Financial Corp. (MFIN)?

Andrew Murstein is identified as both a director and an officer of Medallion Financial Corp. The remarks specify that he serves as President, Chief Executive Officer and Chief Operating Officer, highlighting his central leadership position alongside his disclosed direct and indirect equity ownership.