Frank Kavanaugh - Aug 14, 2023 Form 4 Insider Report for Medalist Diversified REIT, Inc. (MDRR)

Role: CEO & President, Director, 10%+ Owner
Signature: /s/ Francis P. Kavanaugh
Stock symbol: MDRR
Transactions as of: Aug 14, 2023
Transactions value $: $520,240
Form type: 4
Date filed: 8/16/2023, 07:13 PM
Previous filing: Jul 19, 2023
Next filing: Aug 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MDRR	Preferred Stock (non-voting)	Purchase	$258K	+12.9K	+176.45%	$19.98	20.2K	Aug 14, 2023	Direct	F1
transaction	MDRR	Preferred Stock (non-voting)	Purchase	$263K	+13.2K	+65.23%	$19.93	33.4K	Aug 16, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.75 to $20.00, 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 ranges set forth in the footnotes to this Form 4.
F2	The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.75 to $20.00, inclusive.

Content

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.75 to $20.00, 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 ranges set forth in the footnotes to this Form 4.

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.75 to $20.00, inclusive.