MURSTEIN ALVIN 4

What Happened
Alvin Murstein, Executive Chairman of Medallion Financial Corp. (MFIN), was awarded 39,597 restricted shares on 2026-02-10 under the company’s 2018 Equity Incentive Plan. The shares were granted at $0.00 (reported acquisition value $0) and are an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-10; Form filed: 2026-02-12 (appears timely).
• Grant: 39,597 restricted common shares at $0.00 (total reported value $0).
• Vesting: one-third vests on March 1, 2027, one-third on March 1, 2028, and the final third on March 1, 2029 (see footnote F1).
• Shares owned after transaction: not specified in the provided summary — see the full Form 4 filing (Accession 0001193125-26-048710) for total beneficial ownership.
• Beneficial ownership notes: footnotes indicate additional shares are held via family trusts and spouse (F2–F4), which affect reported beneficial ownership.
• Transaction type: Award/grant (compensation), not a market buy or sell.

Context
Restricted stock awards like this are common compensation for executives and typically vest over time; they do not represent immediate cash proceeds or an immediate sale of shares. Such grants are informative about executive compensation but should not be interpreted alone as a buy/sell signal. For complete ownership details and any related disclosures, review the full Form 4 filing.