Form 4: Medallion Financial Corp: CFO David Justin Haley Reports Transaction
SEC Form 4 Filing
David Justin Haley, CFO of Medallion Financial Corp, reports the acquisition of 600 shares of common stock at $6.55 per share on August 7, 2024.
Summary
- On August 7, 2024, David Justin Haley, the Chief Financial Officer of Medallion Financial Corp, acquired 600 shares of common stock at a price of $6.55 per share.
- This transaction was reported on a Form 4 filing with the SEC.
- Following the reported transaction, Haley directly owns 77,812 shares of common stock.
- Haley also exercised options to acquire 600 shares of common stock at $6.55 per share.
- Following the transaction, Haley directly owns 35,027 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The sentiment is neither positive nor negative.
Positives
- The CFO's acquisition of shares could be interpreted as a positive signal regarding their confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment if viewed as a sign of confidence from the CFO.
Key Dates
| Date | Description |
|---|---|
| 03/21/2019 | Date of original option grant. |
| 02/14/2020 | One-fourth of the options vested. |
| 02/14/2021 | One-fourth of the options vested. |
| 02/14/2022 | One-fourth of the options vested. |
| 02/14/2023 | One-fourth of the options vested. |
| 08/07/2024 | Date of transaction: acquisition of common stock and exercise of options. |
| 08/08/2024 | Date of signature on the Form 4 filing. |
| 03/21/2029 | Expiration date of the options. |
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