---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-400319"
form_type: "8-K"
ticker: "MFIN"
cik: "0001000209"
company_name: "MEDALLION FINANCIAL CORP"
filed_at: "2026-09-24T13:00:14+00:00"
generated_at: "2026-09-24T13:01:22.162711+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Medallion Bank prices $55M Series G preferred stock offering at $25/share

## Summary
- Offering of 2,200,000 additional Series G preferred shares; aggregate liquidation $55M.
- Dividend fixed at 9.00% through June 30, 2030, then 5-yr U.S. Treasury + 4.94%.
- Expected close Sept 30, 2026; underwriters have 30-day option for 330,000 more shares.
- Proceeds for general corporate purposes; may redeem outstanding Series E preferred with FDIC approval.
- Reopens original May 22, 2025 Series G issuance; dividends accrue from Oct 1, 2026.

## SEC filing metadata
- accession: 0001193125-26-400319
- form_type: 8-K
- ticker: MFIN
- cik: 0001000209
- company_name: MEDALLION FINANCIAL CORP
- filed_at: 2026-09-24T13:00:14+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000209/000119312526400319/0001193125-26-400319-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000119312526400319/mfin-20260923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-400319
- JSON: https://secwatch.observer/filing/0001193125-26-400319.json
- Plain text: https://secwatch.observer/filing/0001193125-26-400319.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.