Alvin Murstein
Net Worth

Last updated:

What is Alvin Murstein net worth?

The estimated net worth of Mr. Alvin Murstein is at least $26,716,199 as of 1 Mar 2022. He owns shares worth $920,105 as insider, has earned $2,426,094 from insider trading and has received compensation worth at least $23,370,000 in Medallion Financial Corp..

What is the salary of Alvin Murstein?

Mr. Alvin Murstein salary is $1,230,000 per year as Chairman & Chief Executive Officer in Medallion Financial Corp..

How old is Alvin Murstein?

Mr. Alvin Murstein is 90 years old, born in 1935.

What stocks does Alvin Murstein currently own?

As insider, Mr. Alvin Murstein owns shares in one company:

Company Title Shares Price per share Total value
Medallion Financial Corp. (MFIN) Chairman & Chief Executive Officer 90,118 $10.21 $920,105

What does Medallion Financial Corp. do?

Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses. The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans. In addition, it provides debt, mezzanine, and equity investment capital to companies in various industries; and raises deposits and conducts other banking activities. Medallion Financial Corp. was incorporated in 1995 and is headquartered in New York City, New York.

MFIN logo
MFIN
Medallion Financial Corp.
$10.21

Alvin Murstein insider trading

Medallion Financial Corp.

Mr. Alvin Murstein has made 20 insider trades between 2006-2022, according to the Form 4 filled with the SEC. Most recently he purchased 10,000 units of MFIN stock worth $83,630 on 1 Mar 2022.

The largest trade he's ever made was exercising 100,000 units of MFIN stock on 21 Nov 2006. As of 1 Mar 2022 he still owns at least 90,118 units of MFIN stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 10,000 $8.36 $83,630
Purchase
Common Stock 10,000 N/A N/A
Purchase
9.000% Notes due 2021 27,500 $23,925 $657,937,500
Sale
Common Stock 40,000 $3.7 $147,920
Purchase
Common Stock 40,000 $3.7 $147,920
Sale
Common Stock 60,000 $3.6 $215,940
Purchase
Common Stock 60,000 $3.6 $215,940
Purchase
Common Stock 5,000 $5.21 $26,035
Purchase
Common Stock 5,000 $9.08 $45,380
Purchase
Common Stock 6,000 $8.04 $48,252
Purchase
Common Stock 2,500 $10.22 $25,538
Sale
Common Stock 300 $13 $3,900
Sale
Common Stock 20,000 $13.01 $260,240
Option
Common Stock (right to buy) 25,000 $9.07 $226,750
Option
Common Stock 25,000 $9.07 $226,750
Sale
Common Stock 6,188 $11.54 $71,410
Sale
Common Stock 3,005 $11.63 $34,951
Sale
Common Stock 1,700 $11.7 $19,892
Sale
Common Stock 2,260 $11.71 $26,456
Sale
Common Stock 8,625 $11.74 $101,283
Sale
Common Stock 15,620 $11.74 $183,332
Sale
Common Stock 10,000 $11.72 $117,190
Sale
Common Stock 7,442 $11.79 $87,771
Option
Common Stock (right to buy) 61,500 $5.51 $338,865
Option
Common Stock 61,500 $5.51 $338,865
Option
Common Stock 13,500 $5.51 $74,385
Option
Common Stock (right to buy) 13,500 $5.51 $74,385
Option
Common Stock 100,000 $3.7 $370,000
Option
Common Stock (right to buy) 100,000 $3.7 $370,000
Sale
Common Stock 12,803 $12 $153,636
Sale
Common Stock 100 $12 $1,200
Sale
Common Stock 2,097 $12 $25,164
Sale
Common Stock 15,000 $12.09 $181,275
Sale
Common Stock 15,000 $13.33 $199,920
Sale
Common Stock 15,000 $13.03 $195,510
Sale
Common Stock 15,000 $13.17 $197,475
Sale
Common Stock 15,000 $13.44 $201,630

Medallion Financial Corp. key executives

Medallion Financial Corp. executives and other stock owners filed with the SEC: