Poulton Donald S. 4

What Happened
Donald S. Poulton, Chief Executive Officer of Medallion Bank, had 14,996 shares withheld by Medallion Financial Corp to satisfy tax obligations arising from the vesting of previously granted restricted stock awards. The withholding was recorded at $10.09 per share, for a total value of approximately $151,310. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-03-01; Form filed: 2026-03-02 (timely filing).
• Shares withheld/disposed: 14,996; withholding price reported: $10.09; total value: ~$151,310.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Shares were withheld by the issuer to satisfy tax obligations upon vesting of restricted stock awards granted under the Medallion Financial Corp. 2018 Equity Incentive Plan (exempt under Rule 16b-3).
• Transaction code: F (payment of exercise price or tax liability — here, tax withholding).

Context
This was an administrative, tax-withholding action tied to RSU vesting, not a discretionary sale or purchase by the insider. Such withholdings are routine and do not necessarily signal the CEO’s view on the company’s stock. Rule 16b-3 exemption indicates the withholding was executed under standard company plan procedures.