Last updated: 5 March 2024 at 4:41pm EST

Andrew Murstein Net Worth




The estimated Net Worth of Andrew Murstein is at least $4.9 Million dollars as of 16 March 2017. Mr. Murstein owns over 5,000 units of Medallion stock worth over $1,784,759 and over the last 8 years he sold MFIN stock worth over $0. In addition, he makes $3,113,020 as President and Chief Operating Officer at Medallion.

Mr. Murstein MFIN stock SEC Form 4 insiders trading

Andrew has made over 6 trades of the Medallion stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 5,000 units of MFIN stock worth $10,650 on 16 March 2017.

The largest trade he's ever made was buying 10,000 units of Medallion stock on 11 August 2016 worth over $54,900. On average, Andrew trades about 2,200 units every 11 days since 2016. As of 16 March 2017 he still owns at least 237,335 units of Medallion stock.

You can see the complete history of Mr. Murstein stock trades at the bottom of the page.





Andrew Murstein biography

Andrew M. Murstein serves as President, Chief Operating Officer of the Company. He has served as our President since our inception in 1995. Mr. Murstein has served as our director since October 1997. He also currently serves and has previously served as officer and director of some of our wholly owned subsidiaries. Mr. Murstein previously served as the Vice Chairman and Secretary of Sports Properties Acquisition Corp. Mr. Murstein received a B.A. in economics, cum laude, from Tufts University and an M.B.A. in finance from New York University. Mr. Murstein currently serves on the board of the public benefit corporation Javits Center in New York City. Andrew Murstein is the son of our Chairman and Chief Executive Officer, Alvin Murstein, and the son-in law of David Rudnick, one of our directors. Mr. Murstein brings to our Board of Directors over 30 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 our President since our inception in 1995 and on our Board of Directors since 1997.

What is the salary of Andrew Murstein?

As the President and Chief Operating Officer of Medallion, the total compensation of Andrew Murstein at Medallion is $3,113,020. There are no executives at Medallion getting paid more.



How old is Andrew Murstein?

Andrew Murstein is 55, he's been the President and Chief Operating Officer of Medallion since 2020. There are 11 older and 7 younger executives at Medallion. The oldest executive at Medallion Financial Corp. is Henry Aaron, 86, who is the Independent Director.

What's Andrew Murstein's mailing address?

Andrew's mailing address filed with the SEC is C/O MEDALLION FINANCIAL CORP., 437 MADISON AVENUE, NEW YORK, NY, 10022.

Insiders trading at Medallion

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, and 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.



What does Medallion do?

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.



What does Medallion's logo look like?

Medallion Financial Corp. logo

Complete history of Mr. Murstein stock trades at Medallion and Medallion

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
16 Mar 2017 Andrew Murstein
President
Buy 5,000 $2.13 $10,650
16 Mar 2017
237,335
15 Dec 2016 Andrew Murstein
President
Buy 7,000 $3.57 $24,990
15 Dec 2016
232,335
11 Aug 2016 Andrew Murstein
President
Buy 10,000 $5.49 $54,900
11 Aug 2016
225,335
16 Mar 2017 Andrew Murstein
President
Buy 5,000 $2.13 $10,650
16 Mar 2017
237,335
15 Dec 2016 Andrew Murstein
President
Buy 7,000 $3.57 $24,990
15 Dec 2016
232,335
11 Aug 2016 Andrew Murstein
President
Buy 10,000 $5.49 $54,900
11 Aug 2016
225,335


Medallion executives and stock owners

Medallion executives and other stock owners filed with the SEC include: