{"url_path":"/sec/mfin/8-k/2026-06-26/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-26","source_url":"https://www.sec.gov/Archives/edgar/data/1000209/0001193125-26-284003-index.html","accession_number":"0001193125-26-284003","cik":"0001000209","ticker":"MFIN","issuer_name":"MEDALLION FINANCIAL CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/1000209/0001193125-26-284003-index.html","primary_entity_key":"0001000209","primary_entity_name":"MEDALLION FINANCIAL CORP"},"word_count":236,"has_tables":true,"body_markdown":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\n \n\n(e) In connection with Donald S. Poulton’s retirement, effective June 30, 2026, from his position as Chief Executive Officer of Medallion Bank, on June 25, 2026, the Compensation Committee (the “Committee”) of the Board of Directors of Medallion Financial Corp. (the “Company”) (i) approved the accelerated vesting of Mr. Poulton’s shares of unvested restricted stock, such that Mr. Poulton’s 92,978 shares of unvested restricted stock vested in full on June 25, 2026 and (ii) determined that Mr. Poulton’s change in status from an employee of Medallion Bank to a director on Medallion Bank's Board of Directors will not be deemed a termination under the terms of the Company’s 2018 Equity Incentive Plan, as amended, with respect to Mr. Poulton’s vested stock options, such that the applicable expiration dates will remain unchanged. Additionally, on June 25, 2026, the Committee approved Mr. Poulton’s eligibility for a discretionary annual cash bonus, the amount of which shall be determined in the first quarter of 2027.\n\n \n\n2\n\nSIGNATURE\n\nPursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.\n\nDated: June 26, 2026\n\nMEDALLION FINANCIAL CORP.\n\n \n\n \n\nBy:\n\n/s/ Anthony N. Cutrone\n\n \n\nName: Anthony N. Cutrone\n\n \n\nTitle: Chief Financial Officer\n\n \n\n3"}