Medalist Diversified REIT, Inc. (MDRR) CFO discloses insider stock purchases

Rhea-AI Filing Summary

Medalist Diversified REIT, Inc. reported that its chief financial officer, Charles Brent Winn, purchased additional shares of the company’s common stock in early December 2025.

On 12/03/2025, he acquired 112 shares at a weighted average price of $13.33, after which he beneficially owned 54,662 shares directly. On 12/04/2025, he bought a further 140 shares at a weighted average price of $13.497, increasing his direct beneficial ownership to 54,802 shares.

The filing notes that each reported price is a weighted average of multiple trades, with individual transaction prices ranging from $13.21 to $13.50 for the first purchase and from $13.489 to $13.50 for the second.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

Winn Charles Brent Jr.

(Last) (First) (Middle)

MEDALIST DIVERSIFIED REIT, INC.

POST OFFICE 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2025

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	12/03/2025		P		112	A	$13.33(1)	54,662	D
Common Stock	12/04/2025		P		140	A	$13.497(2)	54,802	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:

1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.21 to $13.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

2. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.489 to $13.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

	/s/ Charles Brent Winn	12/05/2025
	** 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) disclose in this filing?

The company disclosed that its chief financial officer, Charles Brent Winn, purchased additional common stock of Medalist Diversified REIT, Inc. on 12/03/2025 and 12/04/2025.

How many MDRR shares did the CFO buy and at what prices?

On 12/03/2025, he purchased 112 shares at a weighted average price of $13.33. On 12/04/2025, he purchased 140 shares at a weighted average price of $13.497.

How many Medalist Diversified REIT (MDRR) shares does the CFO own after these trades?

After the 12/03/2025 purchase, he beneficially owned 54,662 common shares directly. After the 12/04/2025 purchase, his direct beneficial ownership increased to 54,802 shares.

What do the weighted average prices in the MDRR Form 4 mean?

The reported prices of $13.33 and $13.497 are weighted average prices from multiple trades. Individual trades for the first purchase ranged from $13.21 to $13.50, and for the second from $13.489 to $13.50.

What is the reporting person’s role at Medalist Diversified REIT (MDRR)?

The reporting person, Charles Brent Winn, is identified as an officer of Medalist Diversified REIT, Inc., serving as the company’s chief financial officer.

Is the Form 4 for MDRR filed by one person or multiple reporting persons?

The filing is indicated as a Form filed by One Reporting Person, meaning only the CFO’s transactions are reported in this document.