X0609 4 2026-04-16 0001654595 Medalist Diversified, Inc. MDRR 0001271775 KAVANAUGH FRANK false MEDALIST DIVERSIFIED, INC. POST OFFICE BOX 8436 RICHMOND VA 23226 true true true false CHAIRMAN, CEO & PRESIDENT 0 Common Stock 2026-04-16 4 C 0 200000 11.36 A 846177 D Operating Partnership Units 2026-04-16 4 C 0 200000 D 2026-01-14 Common Stock 200000 606200 D 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. Operating partnership units in the Company'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. No expiration date. /s/ Frank Kavanaugh 2026-04-17