Form 4 for MDRR Medalist Diversified, Inc.
Accepted 2025-08-11 00:00:00 ET · period of report 2025-08-08 · accession 0001415889-25-021376 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-08-11 | 2025-08-08 | MDRR | KAVANAUGH FRANK | COB, CEO, Pres, Dir, 10% | D - Sale to Iss | — | -240.0K | 0 | -100% | — |
| D | 2025-08-11 | 2025-08-08 | MDRR | KAVANAUGH FRANK | COB, CEO, Pres, Dir, 10% | A - Grant | — | +240.0K | 1.10M | +28% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-08-08 | D | D | 240,004 | — | 0 | D | — | — | (F1) Represents shares exchanged under an Exchange Agreement dated August 8, 2025 (the "Exchange Agreement") pursuant to which Mr. Kavanaugh exchanged 240,004 shares of common stock, par value $0.01 per share (the "Common Stock") of Medalist Diversified REIT, Inc. (the "Company"), on a one-for-one basis for 240,004 units of limited partnership interest (the "OP Units") in the Company's operating partnership, Medalist Diversified Holdings, LP (the "Operating Partnership"). (F2) Represents shares exchanged subject to the Exchange Agreement pursuant to which Mr. Kavanaugh exchanged 240,004 shares of Common Stock, on a one-for-one basis for 240,004 OP Units. |
| 2 | Derivative | Operating Partnership Units | 2025-08-08 | A | A | 240,004 | — | 1,103,795 | D | — · 2026-08-08 to — | 240,004 Common Stock | (F4) Represents OP Units received subject to the Exchange Agreement pursuant to which Mr. Kavanaugh exchanged 240,004 shares of Common Stock on a one-for-one basis for 240,004 OP Units. (F6) On August 8, 2025, the Reporting Person exchanged 240,004 shares of Common Stock for 240,004 OP Units. (F3) OP Units are redeemable for cash or, at the Company's option, shares of Common Stock, on a one-for-one basis after a holding period of one-year from the date of the Exchange Agreement. (F5) No expiration date. |