Poulton Donald S. 4

What Happened Donald S. Poulton, Chief Executive Officer of Medallion Bank, received 101,831 shares on March 10, 2026 as shares issued upon the vesting of previously granted performance units (transaction code A). To satisfy withholding tax obligations, 44,653 of those shares were withheld by the issuer at a price of $9.59 per share (transaction code F), valued at $428,222. Net shares delivered to Poulton were 57,178 (101,831 granted minus 44,653 withheld).

Key Details

• Transaction date: 2026-03-10; Form 4 filed 2026-03-11 (timely filing).
• Award: 101,831 shares issued upon vesting of performance units (see footnote F1).
• Tax withholding: 44,653 shares withheld by the issuer to cover taxes at $9.59/share, totaling $428,222 (footnote F2; exempt under Rule 16b-3).
• Net shares received by insider: 57,178.
• Shares owned after transaction: not specified in the filing.
• Transaction codes: A = Award/Grant; F = Tax withholding.

Context This was not a purchase or sale on the open market but the conversion/vesting of performance units into common stock, followed by share withholding to satisfy tax obligations (a routine, non-trading administrative action). Such withholding is common and generally does not by itself indicate a change in insider sentiment.