Thomas J. Munson - 01 Mar 2024 Form 4 Insider Report for MEDALLION FINANCIAL CORP (MFIN)

Signature
/s/ Thomas J. Munson
Issuer symbol
MFIN
Transactions as of
01 Mar 2024
Net transactions value
-$35,053
Form type
4
Filing time
05 Mar 2024, 16:08:44 UTC
Previous filing
21 Feb 2024
Next filing
18 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MFIN Common Stock Tax liability $30,954 -3,879 -7.2% $7.98 49,883 01 Mar 2024 Direct F1
transaction MFIN Common Stock Tax liability $4,098 -501 -1% $8.18 49,382 04 Mar 2024 Direct F1
holding MFIN Common Stock 3,447 01 Mar 2024 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer to satisfy tax obligations arising upon vesting of restricted stock award 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.
F2 These shares are held by Charles Schwab & Co., Inc. in an Individual Retirement Account for the benefit of Thomas J. Munson.

Remarks:

Chief Credit Officer and Executive Vice President