Director Emanuel Neuman acquires 2,500 Medalist (MDRR) shares at $12.12

Rhea-AI Filing Summary

Medalist Diversified REIT, Inc. reported an insider share purchase by one of its directors. Director Emanuel D. Neuman acquired 2,500 shares of the company’s common stock on January 28, 2026 at a reported price of $12.12 per share.

Following this transaction, Neuman beneficially owned a total of 14,378 shares of Medalist Diversified REIT common stock, held in direct ownership. The activity was reported on a Form 4 filed for a single reporting person.

01/30/2026 - 04:05 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Neuman Emanuel D

(Last) (First) (Middle)

MEDALIST DIVERSIFIED REIT, INC.

P.O. BOX 8436

(Street)

RICHMOND VA 23226

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Medalist Diversified REIT, Inc. [ MDRR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/28/2026		A		2,500	A	$12.12	14,378	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Emanuel Neuman	01/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Medalist Diversified REIT (MDRR) report on this Form 4?

The filing reports that director Emanuel D. Neuman acquired 2,500 shares of Medalist Diversified REIT common stock. The transaction occurred on January 28, 2026 and was coded as an acquisition, indicating an increase in his reported share holdings.

How many MDRR shares did Emanuel D. Neuman own after the reported transaction?

After the transaction, Emanuel D. Neuman beneficially owned 14,378 shares of Medalist Diversified REIT common stock. This figure reflects his direct ownership position immediately following the January 28, 2026 acquisition disclosed in the Form 4.

What price per share was reported for the MDRR insider share acquisition?

The reported acquisition price was $12.12 per share for Medalist Diversified REIT common stock. This price applies to the 2,500 shares acquired by director Emanuel D. Neuman on January 28, 2026, as disclosed in the Form 4 transaction table.

What is the role of the reporting person in Medalist Diversified REIT (MDRR)?

The reporting person, Emanuel D. Neuman, is identified as a director of Medalist Diversified REIT, Inc. The Form 4 indicates he is not an officer or 10% owner, and the filing is made by a single reporting person only.

Is Emanuel D. Neuman’s ownership in MDRR classified as direct or indirect?

The Form 4 classifies Emanuel D. Neuman’s 14,378-share position as direct ownership. The ownership field is marked “D” for direct, and no nature of indirect beneficial ownership is described in the filing’s ownership and footnote sections.

What type of security was involved in the MDRR insider transaction?

The transaction involved common stock of Medalist Diversified REIT, Inc. The Form 4’s Table I identifies the security title as common stock, with 2,500 shares acquired and 14,378 shares beneficially owned following the transaction.