Silverman Marisa T. 4
Research Summary
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Medallion Financial (MFIN) EVP Marisa Silverman Withholds 13,540 Shares
What Happened Marisa T. Silverman — Executive Vice President, General Counsel and Secretary of Medallion Financial Corp. (MFIN) — had 13,540 shares withheld by the company to satisfy tax obligations arising from the vesting of previously granted restricted stock. The withholding was recorded on 2026-03-01 at an effective price of $10.09 per share, totaling $136,619. This is a tax-withholding disposition (routine), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-01; Filing date (SEC Form 4): 2026-03-02 (timely).
- Shares withheld/disposed: 13,540 shares at $10.09 each; total value $136,619.
- Transaction code: F — shares withheld by the issuer to satisfy tax obligations on vested restricted stock.
- Footnote: Withholding occurred under the Medallion Financial Corp. 2018 Equity Incentive Plan and was exempt under Rule 16b-3.
- Shares owned after transaction: not disclosed in this filing.
Context Tax-withholding by the issuer upon RSU vesting is a common administrative transaction and typically does not signal a change in the insider’s view of the company. This was not an open-market sale or purchase; it simply satisfies tax liabilities tied to compensation. The filing appears timely (filed the next day), so there are no late-reporting implications noted.