Form 4: Medallion Financial Corp: Executive Vice President Marisa T. Silverman Reports Stock Disposals for Tax Obligations

Marisa T. Silverman, Executive Vice President of Medallion Financial Corp, reports disposing of common stock to cover tax obligations related to vesting of restricted stock.

Summary

• On March 1, 2024, Marisa T. Silverman disposed of 7,084 shares of Medallion Financial Corp common stock at a price of $7.98 per share to satisfy tax obligations.
• Following this transaction, Silverman directly owns 75,887 shares of common stock.
• On March 4, 2024, Silverman disposed of 713 shares of Medallion Financial Corp common stock at a price of $8.18 per share to satisfy tax obligations.
• Following this transaction, Silverman directly owns 75,174 shares of common stock.
• The disposals were related to the vesting of a restricted stock award granted previously under the Medallion Financial Corp. 2018 Equity Incentive Plan and are exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the small number of shares involved.

Key Dates