Welcome to our dedicated page for Medalist Diversified SEC filings (Ticker: MDRR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Medalist Diversified, Inc. filings document material events for a public real estate company and DST sponsor, including Regulation FD press releases, property dispositions, contributions to Delaware Statutory Trust structures and related material agreements.
8-K disclosures also cover credit agreement amendments, operating partnership arrangements, OP unit exchanges, board changes, common stock dividend declarations and exhibits tied to acquisitions, sales and sponsor platform announcements. The filings reflect the company's transition from the Medalist Diversified REIT name and its use of subsidiaries, an operating partnership and DST vehicles in real estate transactions.
Medalist Diversified, Inc. has agreed to acquire a commercial property at 14939 Metcalf Avenue in Overland Park, Kansas. The site includes about 1.64 acres of land with an approximately 16,100 square foot automotive service building. The total purchase price is $5,800,000, payable at closing, with an $150,000 earnest money deposit due within three business days of the June 8, 2026 effective date. The deal is expected to close within 45 days, but remains subject to multiple closing conditions and the deposit may be forfeited in certain circumstances.
The company plans to assign the agreement to a newly formed Delaware statutory trust, which will acquire and hold title to the property. Medalist Diversified expects to offer beneficial interests in the trust to accredited investors in a private placement under Regulation D, using the proceeds to redeem its own beneficial interests for cash.
Medalist Diversified, Inc., through its wholly owned subsidiary Own Digital Treasury TRS, LLC, entered into a Pledged Asset Line Agreement with Charles Schwab & Co., Inc. The revolving, non-purpose margin credit facility allows the Company to borrow up to $15.8 million, based on the collateral value in a designated Schwab brokerage account as of May 21, 2026.
The facility is secured by a first-priority lien on that brokerage account and carries a variable interest rate tied to the Secured Overnight Financing Rate (SOFR) plus an applicable margin. The agreement includes customary events of default, such as failure to make required payments or post additional collateral, insolvency events, and insufficient collateral value in the pledged account.
Medalist Diversified, Inc. chief financial officer Charles Brent Winn Jr. reported an open-market purchase of common stock. He bought 1,640 shares on May 22, 2026 at a weighted average price of $10.42 per share, in multiple trades between $10.09 and $11.25. Following this transaction, he directly owns 62,585 common shares.
Medalist Diversified, Inc. Chief Financial Officer Charles Brent Winn Jr. bought company common stock in the open market on two consecutive days. He purchased 40 shares on May 20, 2026 and 34 shares on May 21, 2026, each at a price of $11.25 per share. After these transactions, he directly owns 60,945 shares of common stock.
Medalist Diversified, Inc. chief financial officer Winn Charles Brent Jr. bought 481 shares of Common Stock in open-market transactions. He purchased 20 shares on May 18, 2026 and 461 shares on May 19, 2026, both at $11.25 per share. Following these purchases, he directly owns 60,871 shares.
Medalist Diversified, Inc. is asking stockholders to vote at the June 16, 2026 annual meeting on four items: electing two Class III directors through 2029, an advisory say-on-pay vote on 2026 executive compensation, ratifying Cherry Bekaert LLP as auditor for 2026, and approving a Charter Amendment.
The Charter Amendment would restrict transfers that create or increase ownership by any 4.9% stockholder to help preserve the company’s net operating losses and net capital losses under Sections 382 and 383 of the tax code, which may also have anti-takeover and liquidity effects. The record date is April 10, 2026, when 1,428,500 common shares were outstanding, and the board recommends voting FOR all proposals.
Medalist Diversified, Inc. reported a sharp turnaround for the quarter ended March 31, 2026, driven mainly by property sales. Net income was $14.1M versus a prior-year loss, with a $12.9M gain on disposal of investment properties and a $2.1M income tax benefit.
Recurring investment property revenues slipped to $2.16M from $2.32M, and operating cash flow was negative $0.5M. The company reduced mortgages payable, net, to $19.2M from $32.8M and increased cash and cash equivalents to $8.6M. Shares outstanding rose to 1,428,500, and dividends were $0.07 per share.
Effective January 1, 2026, Medalist revoked its REIT status and is now taxed as a regular corporation. Its strategy is shifting toward scaling a Delaware statutory trust program, selectively selling legacy properties to fund DST offerings, and adding digital and other non-real-estate investments.
Medalist Diversified, Inc. is launching a Delaware Statutory Trust (DST) sponsor platform through its wholly owned subsidiary, MDRR Sponsor TRS, LLC, targeting accredited 1031 exchange investors and their advisors. The platform emphasizes SEC-reporting transparency, independent board governance, and third-party due diligence on each offering.
The inaugural DST, MDRR XXV DST 1, holds a single-tenant, net-leased Tesla sales, service and delivery facility in Pensacola, Florida, a 45,461-square-foot property with service bays, Supercharger stations, and extensive parking. The offering uses approximately 47% loan-to-value fixed-rate financing, described as consistent with institutional underwriting standards.
Medalist focuses its DST strategy on commercial real estate leased to institutional tenants in the Southeast, mountain states, and California, with an approach centered on credit quality, long-term leases, and conservative leverage. The company reports having no corporate-level debt and an estimated $40 million in sponsor-level net asset value.
Medalist Diversified, Inc. is soliciting proxies for its 2026 Annual Meeting of Stockholders to be held on June 16, 2026. Stockholders of record as of April 10, 2026 may vote on: (1) election of two Class III directors, (2) advisory approval of executive compensation, (3) ratification of Cherry Bekaert LLP as auditors, and (4) a proposed Charter Amendment to limit transfers that could trigger an Ownership Change and jeopardize available net operating losses (NOLs/NCLs). The Board unanimously recommends FOR each proposal.
The proxy materials state 1,428,500 shares outstanding as of the record date and include related-party disclosures (staffing agreement payments and property contributions), audit fees for 2025 of $315,542, and planned transfer-restriction mechanics allowing board waivers. Timing and mechanics are governed by the Charter Amendment text in Appendix A.