Trade Summary
4 months ago, Kavanaugh Frank, serving as COB, CEO, Pres, 10% owner at Medalist Diversified Reit, Inc. (MDRR), purchased 140,000 shares at $12.50 per share, for a total transaction value of $1,750,000.00. Following this transaction, Kavanaugh Frank now holds 198,020 shares of MDRR.
This purchase represents a 241.00% increase in Kavanaugh Frank's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, August 29, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, September 3, 2025, 5 days after the trade was made.
Medalist Diversified Reit, Inc. operates in the REAL ESTATE sector, specifically within the REIT - DIVERSIFIED industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.