MEDALLION FINANCIAL CORP 8-K

What Happened

• Medallion Financial Corp filed an 8‑K (Item 5.02) reporting executive changes at its subsidiary, Medallion Bank. On June 11, 2026, Donald Poulton notified the company he will retire as Chief Executive Officer of Medallion Bank effective June 30, 2026. The Medallion Bank board appointed Poulton to its Board of Directors effective July 1, 2026. The board also appointed David Justin Haley to succeed Poulton as Chief Executive Officer of Medallion Bank, effective July 1, 2026; Mr. Haley will continue to serve as President of Medallion Bank.

Key Details

• Filing: Form 8‑K, Item 5.02 (filed June 12, 2026; events dated June 11, 2026).
• Retirement effective date: Donald Poulton steps down as CEO on June 30, 2026.
• Board appointment: Poulton joins Medallion Bank’s Board of Directors effective July 1, 2026.
• Successor: David Justin Haley named CEO effective July 1, 2026 and remains President.

Why It Matters

• This is an executive leadership change at Medallion Bank, a significant subsidiary of Medallion Financial Corp; leadership transitions can affect strategy and operations at the bank-level.
• The filing confirms an orderly succession: the outgoing CEO moves to the bank’s board and the incoming CEO already holds the president role, which may support continuity.
• Retail investors should note the change for monitoring any subsequent disclosures about strategic direction, management commentary, or impact on bank performance; the 8‑K contains no additional financial forecasts or compensation details.