April 16, 2026 · Form 4 insider transaction
KAVANAUGH FRANK bought 200,000 shares of Medalist Diversified, Inc. at $11.36 per share, a transaction worth $2.27M. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 1 day after the transaction.
Pursuant to a notice of exercise of common unit redemption rights, Mr. Kavanaugh tendered 200,000 operating partnership units for redemption on April 16, 2026. The Company elected to issue common stock for the redemption of the operating partnership units. This transaction represents solely a redemption of operating partnership units for common stock. No sale or monetization of securities has occurred.