Hatch Brent O. 4
4 · MEDALLION FINANCIAL CORP · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Medallion Financial (MFIN) Director Brent O. Hatch Receives RSU Award
What Happened
Brent O. Hatch, a director of Medallion Financial Corp. (MFIN), received a grant of 12,981 restricted stock units (RSUs) on June 9, 2026. The Form 4 lists the transaction as an award/other acquisition (code A) and reports a reported acquisition price of $0.00 (the RSUs are derivative awards, not an open-market purchase).
Key Details
- Transaction date: June 9, 2026; Form filed June 10, 2026 (timely filing).
- Award: 12,981 RSUs reported at $0.00 on the Form 4 (derivative grant).
- Vesting: Per the filing, the RSUs will fully vest on June 9, 2027 (footnote).
- Footnotes: F1 clarifies each RSU = contingent right to one share; F2 confirms the one-year vest date.
- Shares owned after transaction: not specified in the provided filing.
- Remarks: Power of attorney on file (Exhibit 24 to Hatch’s Form 3, filed May 6, 2022).
Context
RSUs are compensation awards that convert into common shares only if/when they vest; they do not represent an immediate cash purchase or sale. Such grants are routine director or executive compensation and should be viewed as compensation-related rather than a direct bullish or bearish market signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-09+12,981→ 26,859 total→ Common Stock (12,981 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The RSUs issued pursuant to the Medallion Financial Corp. 2018 Equity Incentive Plan will fully vest on June 9, 2027.