Medalist Diversified Reit Inc SEC Filings

Kory J. Kramer, a director of Medalist Diversified REIT, Inc. (MDRR), reported the sale of 60,000 shares of the issuer's common stock on 08/29/2025 at $12.50 per share pursuant to a Stock Purchase Agreement. The shares sold were owned by the Kramerica Trust, dated July 24, 2015, of which Mr. Kramer is the sole trustee, and following the sale the trust beneficially owned 41,039 shares. The Form 4 was signed by Mr. Kramer on 09/03/2025 and identifies the transaction code as a sale by the reporting person. No derivative transactions or other securities classes are reported in this filing.

Marc Carlson reported beneficial ownership of 21,039 shares of Medalist Diversified REIT, Inc., representing 1.4% of the outstanding common stock based on 1,505,270 shares outstanding as of August 11, 2025. The amendment discloses that on August 29, 2025 Carlson entered into a Stock Purchase Agreement under which 80,000 shares were to be acquired by Francis Kavanaugh for an aggregate purchase price of $1,000,000. Carlson retains sole voting and dispositive power over the 21,039 shares reported and states no other transactions in the prior 60 days.

Francis P. Kavanaugh increased his stake in Medalist Diversified REIT, Inc. (MDRR) and now controls 586,064 shares, representing approximately 38.93% of the outstanding common stock based on 1,505,270 shares outstanding as of August 11, 2025. On August 29, 2025 he purchased 162,899 shares: 22,899 on the open market, 80,000 from Marc Carlson for $1,000,000, and 60,000 from the Kramerica Trust for $750,000. Earlier, on August 8, 2025 he exchanged 240,004 shares for 240,004 OP Units that are redeemable on August 8, 2026.

The filing clarifies that the Reporting Person directly and indirectly holds 388,044 OP Units redeemable for common stock within 60 days and currently holds no common shares following the August 8 exchange until the subsequent purchases on August 29. The disclosure updates Item 3, Item 4, Item 5 and Item 6 of the Schedule 13D and identifies the two stock purchase agreements entered on August 29, 2025.

Medalist Diversified REIT, Inc. Schedule 13D/A shows that reporting person Kory J. Kramer beneficially owns 41,039 shares of common stock, representing 2.73% of the outstanding shares based on 1,505,270 shares outstanding as of August 11, 2025. The amendment discloses that on August 29, 2025 the Kramerica Trust (for which Mr. Kramer is trustee) agreed to sell 60,000 shares to Francis Kavanaugh for an aggregate purchase price of $750,000, and the Schedule 13D has been updated to reflect that Stock Purchase Agreement and related amendments to Item 4 and Item 6. The filing states Mr. Kramer has sole voting and dispositive power over the 41,039 shares and reports no other transactions in the prior 60 days.

Marc Carlson, a director of Medalist Diversified REIT, Inc. (MDRR), reported a sale of 80,000 shares of the company's common stock on 08/29/2025 at a price of $12.50 per share under a Stock Purchase Agreement dated the same day. The filing shows that after the reported disposition Carlson beneficially owned 21,039 shares. The purchaser is identified as Frank Kavanaugh, the Chairman, CEO and President of the company. The Form 4 was signed by Marc Carlson on 09/03/2025 and discloses the transaction as a direct sale of non-derivative common stock.

Frank Kavanaugh, Chairman, CEO & President of Medalist Diversified REIT, Inc. (MDRR), reported two open-market purchases on 08/29/2025. He acquired 80,000 shares for $12.50 each from director Marc Carlson and 60,000 shares for $12.50 each from director Kory Kramer, for a total of 140,000 shares bought under Stock Purchase Agreements. After these transactions his reported beneficial ownership rose to 198,020 shares. The purchases were reported on a Form 4 and recorded with transaction code P, indicating purchases pursuant to a written plan or similar agreement.

Insider purchase reported: Frank Kavanaugh, who serves as Chairman, CEO & President and is a director of Medalist Diversified REIT, Inc. (MDRR), reported on Form 4 that he purchased 22,899 shares of the company on 08/29/2025 at a weighted average price of $12.499 per share, with transaction prices ranging from $12.30 to $12.50. After the purchase, he beneficially owned 58,020 shares. The filing is signed by Mr. Kavanaugh on 08/29/2025 and includes a footnote offering to provide details of the number of shares bought at each price within the disclosed range.

Francis P. Kavanaugh, President and CEO of Medalist Diversified REIT, Inc., reports beneficial ownership of 423,165 shares of the issuer's common stock, representing 28.11% of the outstanding class based on 1,505,270 shares outstanding as of August 11, 2025. On August 8, 2025 he exchanged 240,004 shares for 240,004 operating partnership units (OP Units) that became redeemable on August 8, 2026. Following that exchange he directly and indirectly holds 388,044 OP Units redeemable for common stock within 60 days and currently holds no common shares. Between August 13 and August 27, 2025 he purchased 35,121 shares in multiple transactions. BET Trust disclaims beneficial ownership of OP Units held in that trust.