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Medallion Financial Executive Compensation (FY24)

MFIN · Executive and director compensation, fiscal 2024 only

The Medallion Financial brief, $1,500

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Data as of September 14, 2026Latest filing (8-K): June 12, 2026
13 filings cited on this page
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Published by Velarion Company Intelligence
Medallion Financial brief$1,500Get the executive brief
188 figures on this page: 177 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2024
◇
Alvin Murstein
Latest say-on-pay support
=
June 9, 2026
Chief executive pay ratio
◇
To the median employee

Frequently asked questions

Answers drawn from the data on this page.
Who is Medallion Financial's chief executive and what were they paid?
Alvin Murstein, Chairman, Chief Executive Officer and Director, received $2,594,638 in total compensation for fiscal 2024.
What was Medallion Financial's say-on-pay result?
Shareholders supported the say-on-pay proposal with 83.3% of votes cast for or against in favor at the meeting held June 9, 2026 for fiscal 2025.
Which companies are in Medallion Financial's peer group?
Companies named in the disclosed peer group include Arrow Financial Corporation, Consumer Portfolio Services, Inc., EZCORP, Inc., FinWise Bancorp and LendingTree, Inc., among others.
What is Medallion Financial's chief executive pay ratio?
For fiscal 2024, the company reported a chief executive pay ratio of 26:1, against median employee compensation of $101,538.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew Murstein
President, Chief Operating Officer and Director
◇—◇—◇—◇◇
Alvin Murstein
Chairman, Chief Executive Officer and Director
◇—◇—◇—◇◇
Donald Poulton
Chief Executive Officer and President of Medallion Bank
◇—◇—◇—◇◇
Anthony Cutrone
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
D. Justin Haley
Executive Vice President and Chief Financial Officer of Medallion Bank
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alvin MursteinPSU◇◇◇—◇—◇
Andrew M. MursteinPSU◇◇◇—◇—◇
Anthony N. CutronePSU◇◇◇—◇—◇
D. Justin HaleyPSU◇◇◇—◇—◇
Donald S. PoultonPSU◇◇◇—◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
D. Justin HaleyRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Anthony CutroneRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Donald PoultonRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Alvin MursteinPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Andrew MursteinRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brent O. Hatch
Lead independent director
◇◇———◇◇
Robert M. Meyer
◇◇———◇◇
John Everets
◇◇———◇◇
David L. Rudnick
◇◇———◇◇
Allan J. Tanenbaum
◇◇————◇
Cynthia A. Hallenbeck
◇◇————◇
Andrew M. Murstein and Alvin Murstein served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • Arrow Financial Corporation AROW
  • Consumer Portfolio Services, Inc. CPSS
  • EZCORP, Inc. EZPW
  • FinWise Bancorp FINW
  • LendingTree, Inc. TREE
  • Metropolitan Bank Holding Corp. MCB
  • MoneyLion Inc. ML
  • Old Market Capital Corporation OMCC
  • Oportun Financial Corporation OPRT
  • PRA Group Inc. PRAA
  • Regional Management Corp. RM
  • The Bancorp, Inc. TBBK
  • Willis Lease Finance Corporation WLFC
  • World Acceptance Corporation WRLD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 9, 2026=◇◇◇
2024June 12, 2025=◇◇◇
2023June 11, 2024=◇◇◇
2022June 22, 2023=◇◇◇
2021June 14, 2022=◇◇◇
2020June 17, 2021=◇◇◇
2019June 19, 2020=◇◇◇
2018June 14, 2019=◇◇◇
2017June 15, 2018=◇◇◇
2016June 22, 2017=◇◇◇
2015June 17, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
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What this page does not include

Everything above is a fact Medallion Financial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Medallion Financial sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
188 figures on this page: 177 cited to the filing that reported them, 11 calculated from figures it prints.
177 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-269326
    Proposal 3 – Non-Binding Advisory Vote to Approve Named Executive Officer Compensation The Company’s stockholders approved a non-binding advisory resolution to approve the 2025 compensation of the Com
  2. 0001193125-26-197272
    DIRECTOR COMPENSATION · Outstanding Equity Awards at 2025 Fiscal Year-End
  3. 0000950170-25-085366
    Proposal 3 – Non-Binding Advisory Vote to Approve Named Executive Officer Compensation The Company’s stockholders approved a non-binding advisory resolution to approve the 2024 compensation of the Com
  4. 0000950170-25-061067
    2024 Grants of Plan-Based Awards · CEO Pay Ratio · DIRECTOR COMPENSATION · Summary Compensation Table
  5. 0000950170-24-073369
  6. 0001193125-23-173814
  7. 0001193125-22-174791
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-21-195089
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001193125-20-174856
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001193125-19-174789
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-18-196390
  12. 0001193125-17-212446
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-16-626506
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Medallion Financial executive compensation, FY2024.” https://intel.velarion.ai/comp/MFIN (accessed 2026).
Short form: data: Velarion

The Medallion Financial brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Medallion Financial discloses

The companies named in MFIN's own disclosed peer group.

Arrow Financial CorporationConsumer Portfolio Services, Inc.EZCORP, Inc.FinWise BancorpLendingTree, Inc.Metropolitan Bank Holding Corp.MoneyLion Inc.Old Market Capital CorporationOportun Financial CorporationPRA Group Inc.Regional Management Corp.The Bancorp, Inc.Willis Lease Finance CorporationWorld Acceptance Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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