FRANK KAVANAUGH - 10 Dec 2025 Form 4 Insider Report for Medalist Diversified REIT, Inc. (MDRR)

Role: CHAIRMAN, CEO & PRESIDENT, Director, 10%+ Owner
Signature: /s/ Frank Kavanaugh
Issuer symbol: MDRR
Transactions as of: 10 Dec 2025
Transactions value $: $1,030,000
Form type: 4
Filing time: 11 Dec 2025, 16:15:06 UTC
Previous filing: 08 Dec 2025
Next filing: 15 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
KAVANAUGH FRANK	CHAIRMAN, CEO & PRESIDENT, Director, 10%+ Owner	MEDALIST DIVERSIFIED REIT, INC., POST OFFICE BOX 8436, RICHMOND	/s/ Frank Kavanaugh	11 Dec 2025	0001271775

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MDRR	Common Stock	Purchase	$130K	+10K	+4.36%	$13.00	240K	10 Dec 2025	Direct
transaction	MDRR	Common Stock	Purchase	$900K	+60K	+25.04%	$15.00	300K	10 Dec 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Pursuant to a Stock Purchase Agreement dated December 10, 2025, Frank Kavanaugh purchased 60,000 shares of common stock for $15.00 per share from Alfred L. Finley, a member of the Board of Directors of Medalist Diversified REIT, Inc., and Susan J. Finley.