ANDREW MURSTEIN - 01 Mar 2024 Form 4 Insider Report for MEDALLION FINANCIAL CORP (MFIN)

Signature
/s/ Andrew M. Murstein
Issuer symbol
MFIN
Transactions as of
01 Mar 2024
Transactions value $
-$425,048
Form type
4
Filing time
05 Mar 2024, 16:06:42 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 -$363K -45.5K -5.58% $7.98 770K 01 Mar 2024 Direct F1
transaction MFIN Common Stock Tax liability -$61.7K -7.55K -0.98% $8.18 763K 04 Mar 2024 Direct F1
holding MFIN Common Stock 1.48M 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 Represents shares beneficially owned by the Andrew Murstein Family Trust.