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.
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.
Frank Kavanaugh, Chairman, CEO & President and a director of Medalist Diversified REIT, Inc. (MDRR), reported two open-market purchases of the issuer's common stock on 08/26/2025 and 08/27/2025. He acquired 3,482 shares on 08/26/2025 at a weighted-average price of $12.43 (individual trade prices ranged $11.85–$12.08), increasing his direct holdings to 30,121 shares. He then purchased 5,000 shares on 08/27/2025 at a weighted-average price of $12.43 (trade prices ranged $12.25–$12.50), bringing his direct holdings to 35,121 shares. The Form 4 shows these were non-derivative acquisitions and the reporting person certified the transaction details.
Frank Kavanaugh, Chairman, CEO & President and a director of Medalist Diversified REIT, Inc. (MDRR), reported two open-market purchases of the issuer's common stock in late August 2025. On 08/22/2025 he acquired 1,028 shares at $11.99, and on 08/25/2025 he acquired 2,500 shares at $12.00, increasing his direct beneficial ownership to 26,639 shares. The Form 4 was signed by Mr. Kavanaugh on 08/25/2025.
Frank Kavanaugh, Chairman, CEO & President of Medalist Diversified REIT, Inc. (MDRR), reported a series of open-market purchases increasing his direct beneficial ownership to 23,111 shares. The Form 4 shows purchases on 08/18/2025 (1 share at $10.85), 08/19/2025 (105 shares at $10.85) and 08/20/2025 (17,525 shares at a reported weighted-average $11.24). The filing notes the $11.24 figure is a weighted average for purchases made at prices ranging from $11.09 to $12.35 and the reporting person will provide details on request. The form is signed by Frank Kavanaugh on 08/20/2025.
Insider purchases by company leader increased his stake to 5,480 shares. Frank Kavanaugh, who is Chairman, CEO & President and a director and 10% owner of Medalist Diversified REIT, Inc. (MDRR), reported three open-market purchases on August 13-15, 2025. He acquired 1,911 shares on 08/13/2025 at a weighted average price of $10.85, 7 shares on 08/14/2025 at $10.85, and 3,562 shares on 08/15/2025 at a weighted average price reflected as $11.14 for that tranche. The filing notes the $10.85–$11.25 price range and offers to provide per-transaction detail on request. Following these transactions, Mr. Kavanaugh beneficially owns 5,480 shares, held directly.