Medallion Financial (MFIN) Director Cynthia Hallenbeck Receives RSU Award

What Happened

• Cynthia A. Hallenbeck, a director of Medallion Financial Corp. (MFIN), was granted 12,981 restricted stock units (RSUs) on June 9, 2026. The reported grant price is $0.00 and the transaction is coded as an award (derivative), not a cash purchase or sale.
• Each RSU represents a contingent right to one share of common stock. The grant has no immediate cash value to the insider at reporting.

Key Details

• Transaction date: June 9, 2026; Report filed: June 10, 2026 (timely filing).
• Grant amount and price: 12,981 RSUs @ $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — each RSU converts to one share upon settlement; F2 — the RSUs will fully vest on June 9, 2027, and settlement is deferred until termination of service as a board member.
• Remarks: Power of attorney on file (Exhibit 24 to Hallenbeck’s Form 3, filed June 22, 2020).

Context

• This is a compensation award, common for directors, and does not represent an open-market purchase (which investors sometimes view as a stronger bullish signal). Vesting occurs one year after grant, but actual share delivery is deferred until the director leaves the board, so Hallenbeck will not receive shares immediately upon vesting.