Key facts
- This page summarizes Frank Kavanaugh's Form 4 filing for Medalist Diversified REIT, Inc. (MDRR).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 06 May 2025, 11:28.
Frank Kavanaugh - 21 Feb 2025 Form 4 Insider Report for Medalist Diversified REIT, Inc. (MDRR)
- Reporting relationship
- CHAIRMAN, CEO & PRESIDENT, Director, 10%+ Owner
- Issuer ticker
- MDRR
- Reported as of
- 21 Feb 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 06 May 2025, 11:28:53 UTC
- Prior SEC filing
- 27 Jan 2025
- Next SEC filing
- 12 Jun 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Frank Kavanaugh, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Frank Kavanaugh filed Form 4 for Medalist Diversified REIT, Inc. (MDRR) on 06 May 2025.
Change
- Previous filing in this sequence was filed on 27 Jan 2025.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001271775
Primary reporting owner
KAVANAUGH FRANK
- Relationship
- CHAIRMAN, CEO & PRESIDENT, Director, 10%+ Owner
- Address
- MEDALIST DIVERSIFIED REIT, INC., POST OFFICE BOX 8436, RICHMOND
- Signature
- /s/ Frank Kavanaugh, Attorney-in-Fact
- Signature date
- 06 May 2025
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MDRR
transaction
Derivative
Operating Partnership Units
Purchase
- Transaction value
- Shares
- +251,600
- Change %
- +41%
- Price
- Shares after
- 863,791
- Date
- 21 Feb 2025
- Ownership
- See footnote (5).
- Underlying class
- Common Stock
- Underlying amount
- 251,600
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Operating partnership units in the Issuer's operating partnership, Medalist Diversified Holdings, LP, are redeemable for cash or, at the operating partnership's option, shares of the Issuer's common stock on a one-for-one basis; however, pursuant to the related subscription agreement between the operating partnership and BET Trust, BET Trust may not redeem the operating partnership units for shares of the Issuer's common stock unless such redemption is approved by a majority of the votes cast on the matter at a meeting of the stockholders of the Issuer or by written consent of the stockholders of the Issuer in lieu of a special meeting to the extent permitted by applicable state and federal law.
Footnote F2
No expiration date.
Footnote F3
Operating partnership units in the Issuer's operating partnership, Medalist Diversified Holdings, LP, are redeemable for cash or, at the operating partnership's option, shares of the Issuer's common stock on a one-for-one basis; however, pursuant to the related subscription agreement between the operating partnership and BET Trust, BET Trust may not redeem the operating partnership units for shares of the Issuer's common stock unless such redemption is approved by a majority of the votes cast on the matter at a meeting of the stockholders of the Issuer or by written consent of the stockholders of the Issuer in lieu of a special meeting to the extent permitted by applicable state and federal law.
Footnote F4
Operating partnership units in the Issuer's operating partnership, Medalist Diversified Holdings, LP, are redeemable for cash or, at the operating partnership's option, shares of the Issuer's common stock on a one-for-one basis; however, pursuant to the related subscription agreement between the operating partnership and BET Trust, BET Trust may not redeem the operating partnership units for shares of the Issuer's common stock unless such redemption is approved by a majority of the votes cast on the matter at a meeting of the stockholders of the Issuer or by written consent of the stockholders of the Issuer in lieu of a special meeting to the extent permitted by applicable state and federal law.
Footnote F5
Represents operating partnership units in the Issuer's operating partnership, Medalist Diversified Holdings, LP, held by BET Trust dated March 11, 1999, for which the Reporting Person and his wife are co-trustees.