Form 4: Medallion Financial Corp. CFO David Justin Haley Reports Stock Transaction
SEC Form 4 Filing
David Justin Haley, CFO of Medallion Financial Corp., reports the withholding of shares to cover tax obligations related to vesting restricted stock awards.
Summary
- On March 1, 2025, David Justin Haley, the Chief Financial Officer of Medallion Bank, had 6,108 shares of common stock withheld by Medallion Financial Corp.
- This was to satisfy tax obligations arising from the vesting of restricted stock awards previously granted under the company's 2018 Equity Incentive Plan.
- The price per share was $8.34.
- Following the transaction, Haley directly owns 92,942 shares of Medallion Financial Corp. common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a routine transaction related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock transaction (shares withheld for tax obligations) |
| 03/03/2025 | Date of signature on the Form 4 filing |
Keywords
Medallion Financial Corp, David Justin Haley, Form 4, Stock Transaction, CFO, Tax Obligations, Restricted Stock, Equity Incentive Plan, MFIN
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