KAVANAUGH FRANK sold MDRR
February 12, 2026 · Form 4 insider transaction
KAVANAUGH FRANK sold 160,000 shares of Medalist Diversified, Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
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 Company's common stock on a one-for-one basis.; 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.; No expiration date.