KAVANAUGH FRANK bought MDRR
February 12, 2026 · Form 4 insider transaction
KAVANAUGH FRANK bought 300,000 shares of Medalist Diversified, Inc. at $12.40 per share, a transaction worth $3.72M. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 5 days after the transaction.
Direction
Acquired (buy-side)
Shares
300,000
Price
$12.40
Total value
$3.72M
InsiderKAVANAUGH FRANK
RoleOfficer, Director, 10% owner
SecurityCommon Stock
Transaction codeC: Conversion of a derivative
Transaction dateFebruary 12, 2026
Filing dateFebruary 17, 2026
Shares owned after606,177
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Pursuant to a notice of exercise of common unit redemption rights, Mr. Kavanaugh tendered 300,000 operating partnership units for redemption on February 12, 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.