Form 4: Medallion Financial Corp. CFO Anthony N. Cutrone Reports Acquisition of Restricted Stock

Anthony N. Cutrone, CFO of Medallion Financial Corp., reports the acquisition of 29,055 shares of restricted common stock and adjustments to his holdings.

Summary

• On February 13, 2025, Anthony N. Cutrone, the Chief Financial Officer of Medallion Financial Corp., reported a transaction involving the company's common stock.
• Cutrone acquired 29,055 shares of restricted common stock under the 2018 Equity Incentive Plan.
• These shares will vest in equal one-third increments on March 1, 2026, March 1, 2027, and March 1, 2028.
• Following the reported transaction, Cutrone beneficially owns 103,531 shares, which includes shares held in a Roth Individual Retirement Account.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or prospects.

Positives

• The acquisition of restricted stock aligns the CFO's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the CFO.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the CFO's holdings of Medallion Financial Corp. stock.

Stakeholder Impact

• The acquisition of restricted stock by the CFO could have a minor positive impact on shareholder sentiment, as it aligns management's interests with the company's performance.

Key Dates