Rudnick Jeffrey D. 4
Research Summary
AI-generated summary
Medallion Financial (MFIN) EVP Jeffrey D. Rudnick Receives 5,212-Share Award
What Happened
- Jeffrey D. Rudnick, Executive Vice President of Medallion Financial Corp. (MFIN), was granted 5,212 restricted shares on 2026-02-10. The reported acquisition price is $0.00 (award), so the Form 4 shows a $0 cash outlay for this grant.
Key Details
- Transaction date: 2026-02-10 (reported on Form 4 filed 2026-02-12) — filing appears timely.
- Transaction type/code: Award/Grant (code A).
- Shares granted: 5,212 restricted common shares; reported acquisition price $0.00; total reported cash = $0.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The shares are restricted under the 2018 Equity Incentive Plan and vest in equal one‑third increments on March 1, 2027, March 1, 2028 and March 1, 2029.
- No 10b5-1 plan, tax‑withholding sale, or late filing flag reported in this filing.
Context
- This was an equity award (compensation/retention), not a market purchase or sale. Restricted shares vest over time and are not immediate open‑market purchases or dispositions. Such grants are common for executives and indicate compensation rather than a direct buy/sell signal.