The estimated Net Worth of Alvin Murstein is at least $2.18 Milion dollars as of 1 March 2022. Mr. Murstein owns over 10,000 units of Medallion stock worth over $677,687 and over the last 8 years he sold MFIN stock worth over $0. In addition, he makes $1,500,110 as Chairman of the Board, Chief Executive Officer oraz Director at Medallion.
Alvin has made over 9 trades of the Medallion stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of MFIN stock worth $83,600 on 1 March 2022.
The largest trade he's ever made was buying 100,000 units of Medallion stock on 8 December 2016 worth over $364,000. On average, Alvin trades about 11,800 units every 81 days since 2016. As of 1 March 2022 he still owns at least 90,118 units of Medallion stock.
You can see the complete history of Mr. Murstein stock trades at the bottom of the page.
Alvin M. Murstein serves as Chairman of the Board, Chief Executive Officer, Director of the Company. Mr. Murstein has served as Chairman of our Board of Directors since our founding in 1995 and has been our Chief Executive Officer since February 1996. Mr. Murstein has also been Chairman of the board of directors and Chief Executive Officer of Medallion Funding LLC, formerly known as Medallion Funding Corp., since its founding in 1979. Mr. Murstein received a B.A. and an M.B.A. from New York University and has been an executive in the taxicab industry for over 60 years. Mr. Murstein served on the board of directors of the Strober Organization, Inc., a building supply company, from 1988 to 1997. He serves as a trustee of the not-for-profit Parker Jewish Institute for Health Care and Rehabilitation. Alvin Murstein is the father of Andrew M. Murstein. Mr. Murstein brings to our Board of Directors over 60 years of experience in the ownership, management, and financing of commercial businesses and taxicab medallions. He has deep knowledge of our company and its business, having served as Chairman of our Board of Directors since our founding in 1995 and our Chief Executive Officer since 1996.
As the Chairman of the Board, Chief Executive Officer oraz Director of Medallion, the total compensation of Alvin Murstein at Medallion is $1,500,110. There are 2 executives at Medallion getting paid more, with Andrew Murstein having the highest compensation of $3,113,020.
Alvin Murstein is 85, he's been the Chairman of the Board, Chief Executive Officer oraz Director of Medallion since 1996. There are 2 older and 16 younger executives at Medallion. The oldest executive at Medallion Financial Corp. is Henry Aaron, 86, who is the Independent Director.
Alvin's mailing address filed with the SEC is C/O MEDALLION FINANCIAL CORP., 437 MADISON AVENUE, NEW YORK, NY, 10022.
Over the last 8 years, insiders at Medallion have traded over $105,557 worth of Medallion stock and bought 452,119 units worth $659,344,786 . The most active insiders traders include David L Rudnick, Alvin Murstein oraz Robert Meyer. On average, Medallion executives and independent directors trade stock every 72 days with the average trade being worth of $87,668. The most recent stock trade was executed by Anthony N. Cutrone on 6 September 2024, trading 5,500 units of MFIN stock currently worth $41,360.
medallion financial is a publicly traded (nasdaq symbol: taxi) specialty finance company with a leading position in financing taxi medallions and other targeted industries. the company also operates the largest taxitop advertising company in the united states.
Medallion executives and other stock owners filed with the SEC include: