Medallion Financial (NASDAQ: MFIN) officer has shares withheld for taxes

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Form Type

Rhea-AI Filing Summary

MEDALLION FINANCIAL CORP insider reports tax-related share disposition

Officer Thomas J. Munson reported a tax-withholding disposition of 6,107 shares of Medallion Financial Corp common stock at $10.09 per share on March 1, 2026. These shares were withheld by the company to cover tax obligations from previously granted restricted stock vesting.

After this transaction, Munson directly owned 61,809 common shares. The transaction was carried out under the Medallion Financial Corp 2018 Equity Incentive Plan and is described as exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

Insider Trade Summary

Net Seller: 6,107 shares

Net Sell 1 txn

Insider Munson Thomas J.

Role See Remarks

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	6,107	$10.09	$62K

Holdings After Transaction: Common Stock — 61,809 shares (Direct)

Footnotes (1)

F1. 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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/02/2026 - 04:07 PM

FAQ

What insider transaction did MFIN report for Thomas J. Munson?

Medallion Financial Corp reported that officer Thomas J. Munson had 6,107 common shares withheld to cover taxes on restricted stock vesting. The shares were valued at $10.09 each and were taken directly from his equity awards under the 2018 Equity Incentive Plan.

Was the MFIN insider transaction an open-market sale of shares?

No, the transaction was a tax-withholding disposition, not an open-market sale. Medallion Financial Corp withheld 6,107 shares from Thomas J. Munson to satisfy tax obligations arising from previously granted restricted stock awards that vested under the 2018 Equity Incentive Plan.

How many MFIN shares does Thomas J. Munson own after the transaction?

After the tax-withholding disposition, Thomas J. Munson directly owns 61,809 shares of Medallion Financial Corp common stock. This figure reflects his remaining direct holdings following the 6,107 shares withheld to satisfy tax obligations on restricted stock vesting.

At what price were the withheld MFIN shares valued in the Form 4 filing?

The withheld shares were valued at $10.09 per share in the Form 4. This price was used to calculate the value of the 6,107 Medallion Financial Corp common shares applied toward Thomas J. Munson’s tax obligations on vested restricted stock.

Under which plan were the MFIN restricted stock awards granted?

The restricted stock awards were granted under the Medallion Financial Corp 2018 Equity Incentive Plan. Shares were withheld from these awards to satisfy Thomas J. Munson’s tax obligations when the awards vested, in a transaction described as exempt under Rule 16b-3.

How is the MFIN insider transaction classified under SEC rules?

The transaction is classified with code “F” as a tax-withholding disposition. It represents payment of a tax liability by delivering securities, and the filing notes it as exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Munson Thomas J.

(Last)

(First)

(Middle)

C/O MEDALLION FINANCIAL CORP.

437 MADISON AVENUE

(Street)

NEW YORK

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)
	See Remarks

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/01/2026		F		6,107⁽¹⁾	D	$10.09	61,809	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

Remarks:

Chief Credit Officer and Executive Vice President

	/s/ Thomas J. Munson	03/02/2026
	** 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.

Source: View Original Filing on SEC EDGAR