Alvin Murstein of Medallion (NASDAQ: MFIN) granted 39,597 restricted shares

Rhea-AI Filing Summary

Medallion Financial Corp. insider equity award. Executive Chairman and director Alvin Murstein reported receiving a grant of 39,597 shares of Medallion Financial common stock on February 10, 2026, at a price of $0 per share as an equity award.

These are restricted shares awarded under the company’s 2018 Equity Incentive Plan and will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. After this award, Murstein directly holds 306,940 common shares and also reports indirect beneficial ownership of additional shares through family trusts and his spouse.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider MURSTEIN ALVIN

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	39,597	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 306,940 shares (Direct); Common Stock — 1,358,300 shares (Indirect, See Footnote)

Footnotes (1)

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. Represents shares beneficially owned by the Alvin Murstein Second Family Trust of which Mr. Murstein is a co-trustee and the beneficiary. Represents beneficially owned by the Aileen J. Murstein Family 2012 Trust of which Mr. Murstein is the grantor and Mr. Murstein's spouse is a co-trustee and the beneficiary. Represents shares owned by Mr. Murstein's spouse.

Form 4 Insider Transactions: What Each Field Means →

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^*

MURSTEIN ALVIN

(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		39,597(1)	A	$0	306,940	D
Common Stock								1,358,300	I	See Footnote(2)
Common Stock								117,660	I	See Footnote(3)
Common Stock								5,000	I	See Footnote(4)

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 Alvin Murstein Second Family Trust of which Mr. Murstein is a co-trustee and the beneficiary.

3. Represents beneficially owned by the Aileen J. Murstein Family 2012 Trust of which Mr. Murstein is the grantor and Mr. Murstein's spouse is a co-trustee and the beneficiary.

4. Represents shares owned by Mr. Murstein's spouse.

Remarks:

Executive Chairman

	/s/ Alvin 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 did Alvin Murstein report in this Form 4 for Medallion Financial (MFIN)?

Alvin Murstein reported receiving a grant of 39,597 Medallion Financial common shares as an equity award. The award was made at $0 per share and is structured as restricted stock under the company’s 2018 Equity Incentive Plan with multi-year vesting.

When do Alvin Murstein’s new restricted Medallion Financial (MFIN) shares vest?

The 39,597 restricted shares vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. This staggered schedule ties the compensation to longer-term service and performance with Medallion Financial over several years.

How many Medallion Financial (MFIN) shares does Alvin Murstein hold directly after this award?

After the February 10, 2026 award, Alvin Murstein directly holds 306,940 Medallion Financial common shares. This figure reflects his direct ownership only and is separate from additional indirect holdings reported through family trusts and his spouse.

What indirect Medallion Financial (MFIN) holdings are associated with Alvin Murstein?

The filing reports indirect beneficial ownership of 1,358,300 shares through the Alvin Murstein Second Family Trust, 117,660 shares through the Aileen J. Murstein Family 2012 Trust, and 5,000 shares owned by his spouse. These positions are disclosed as indirect holdings associated with Murstein.

What role does Alvin Murstein hold at Medallion Financial (MFIN)?

Alvin Murstein is disclosed as both a director and an officer of Medallion Financial, serving as Executive Chairman. The reported restricted stock grant represents equity-based compensation tied to his leadership role within the company’s governance and management structure.

What plan governs Alvin Murstein’s restricted stock award at Medallion Financial (MFIN)?

The restricted shares were granted under the Medallion Financial Corp. 2018 Equity Incentive Plan. This plan provides for equity-based awards, such as restricted stock, to directors and officers, typically aligning their compensation with shareholder interests over time.