Transaction #8841 · Form 4 · 0001271775-25-000005
Medalist Diversified, Inc. · Stock award · Operating Partnership Units
Medalist Diversified, Inc. · Transacted November 14, 2025 · Filed November 17, 2025
What does this filing report?
An SEC Form 4 filing for Medalist Diversified, Inc. records a stock award involving Operating Partnership Units on November 14, 2025. The reported quantity was 2,405. The filing date is November 17, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- Medalist Diversified, Inc.
- Company CIK
- 0001654595
- Security type
- Derivative
- Acquisition type
- Stock award · Code A
- Quantity acquired
- 2,405
- Reported price
- Not reported · See footnotes
- Reference value
- Not reported
- Currency
- Currency not specified
- Ownership
- Direct
- Holdings after transaction
- 1,106,200
- Ownership description
- Not reported
- SEC acceptance time
- Nov 17, 2025, 6:02 PM EST
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- KAVANAUGH FRANK ↗
CHAIRMAN, CEO & PRESIDENT · Director · 10% owner
CIK 0001271775
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Derivative terms
- Underlying security
- Common Stock
- Underlying quantity
- 2,405
- Conversion / exercise price
- Not reported
- Exercise date
- November 14, 2026
- Expiration date
- Not reported
Filing footnotes & remarks
- F1
- Pursuant to a Stock Purchase Agreement dated November 14, 2025, Frank Kavanaugh purchased 20,000 shares of common stock for $13.50 per share from Marc Carlson, a member of the Board of Directors of Medalist Diversified REIT, Inc.
- F2
- Represents shares exchanged under an Exchange Agreement dated November 14, 2025 (the "Exchange Agreement") pursuant to which Mr. Kavanaugh exchanged 2,405 shares of common stock, par value $0.01 per share (the "Common Stock") of Medalist Diversified REIT, Inc. (the "Company"), on a one-for-one basis for 2,405 units of limited partnership interest (the "OP Units") in the Company's operating partnership, Medalist Diversified Holdings, LP (the "Operating Partnership").
- F3
- Represents shares exchanged subject to the Exchange Agreement pursuant to which Mr. Kavanaugh exchanged 2,405 shares of Common Stock, on a one-for-one basis for 2,405 OP Units.
- F4
- OP Units are redeemable for cash or, at the Company's option, shares of Common Stock, on a one-for-one basis after a holding period of one-year.
- F5
- No expiration date.
- F6
- On November 14, 2025, the Reporting Person exchanged 2,405 shares of Common Stock for 2,405 OP Units.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.