Medalist Diversified, Inc.
- MDRR · Nasdaq
- Real Estate Investment Trusts
- Richmond, VA
- CIK 0001654595
Updated from SEC filings through
Top things to know
Executives
- Frank Kavanaugh CHAIRMAN, CEO & PRESIDENT 4, 2026-04-17
- Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER 4, 2026-09-09
- Brent Winn Chief Financial Officer 10-K, 2026-03-02
- C. Brent Winn, Jr. Chief Financial Officer DEF 14A, 2026-05-15
Medalist Diversified, Inc. is a U.S. public company in real estate investment trusts (SIC 6798), headquartered in Richmond, VA. It trades as MDRR on Nasdaq. Revenue was $10.4M in the fiscal year ending December 31, 2025, +6.8% from the year before. Frank Kavanaugh is CHAIRMAN, CEO & PRESIDENT.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $10.4M 10-K, 2026-03-02 | $9.7M 10-K, 2026-03-02 | $10.3M 10-K, 2025-02-27 | $11.1M 10-K, 2024-03-06 | $11.5M 10-K, 2023-03-10 |
| Operating income | $548K 10-K, 2026-03-02 | $3.7M 10-K, 2026-03-02 | -$997K 10-K, 2025-02-27 | -$1.4M 10-K, 2024-03-06 | $815K 10-K, 2023-03-10 |
| SG&A | $1.3M 10-K, 2026-03-02 | $968K 10-K, 2026-03-02 | $484K 10-K, 2025-02-27 | $458K 10-K, 2024-03-06 | $654K 10-K, 2022-03-16 |
| Net income | -$2.4M 10-K, 2026-03-02 | $28K 10-K, 2026-03-02 | -$4.6M 10-K/A, 2025-04-28 | -$4.8M 10-K/A, 2025-04-28 | -$4.4M 10-K, 2023-03-10 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Frank Kavanaugh | CHAIRMAN, CEO & PRESIDENT | 4, 2026-04-17 |
| Charles Brent Winn Jr. | CHIEF FINANCIAL OFFICER | 4, 2026-09-09 |
| C. Brent Winn, Jr. | Named in proxy bio: Chief Financial Officer | DEF 14A, 2026-05-15 |
| Brent Winn | Chief Financial Officer | 10-K, 2026-03-02 |
| William R. Elliott | one of the owners of the Company’s former manager | 10-K, 2026-03-02 |
| Emanuel D. Neuman | Board member (per proxy) bio: Independent Director | DEF 14A, 2026-05-15 |
| David Lunin | Director | 10-K, 2026-03-02 |
| Emanuel Neuman | Director | 10-K, 2026-03-02 |
| Kory Kramer | independent member of the Board | 10-K, 2026-03-02 |
| Marc Carlson | independent member of the Board | 10-K, 2026-03-02 |
| Neil P. Farmer | Director | 10-K, 2026-03-02 |
What Medalist Diversified, Inc. does
Medalist Diversified, Inc. was formed in 2015 as a Maryland corporation, to acquire, reposition, renovate, lease and manage income-producing properties., a Delaware limited partnership (the “Operating Partnership”) which was formed on September 29, 2015. Medalist Diversified, Inc. serves as the general partner of Medalist Diversified Holdings, LP.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 1.6 million (as of August 13, 2026) | 10-Q, August 13, 2026 |
|---|---|---|
| Public float | $6.9M (as of June 30, 2025) | 10-K/A, April 28, 2026 |
| Reportable segments | 2 (period ending June 30, 2026) | 10-Q, August 13, 2026 |
| Latest proxy statement | Meeting June 16, 2026 (filed May 15, 2026) | DEF 14A, May 15, 2026 |
| Auditor | Cherry Bekaert LLP (Richmond, Virginia) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 9, 2026 | Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER | Buy | 49 | $588 | Form 4, September 9, 2026 |
| September 8, 2026 | Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER | Buy | 278 | $3K | Form 4, September 9, 2026 |
| September 3, 2026 | Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER | Buy | 4 | $48 | Form 4, September 9, 2026 |
| August 31, 2026 | Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER | Buy | 10 | $120 | Form 4, September 1, 2026 |
| August 28, 2026 | Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER | Buy | 259 | $3K | Form 4, August 31, 2026 |
| August 20, 2026 | Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER | Buy | 75 | $862.5 | Form 4, August 20, 2026 |
| May 22, 2026 | Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER | Buy | 1,640 | $17K | Form 4, May 26, 2026 |
| May 21, 2026 | Charles Brent Winn Jr. CHIEF FINANCIAL OFFICER | Buy | 74 | $832.5 | Form 4, May 22, 2026 |
Recent 8-K events
- 8-K filed 2026-10-19
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 8.01 Other events
- 8-K filed 2026-10-13
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-10-06
- Item 8.01 Other events
- 8-K filed 2026-09-18
- Item 2.01 Completion of acquisition or disposition of assets
- 8-K filed 2026-09-08
- Item 1.01 Entry into a material definitive agreement
- Item 2.01 Completion of acquisition or disposition of assets
- 8-K filed 2026-08-20
- Item 1.02 Termination of a material definitive agreement
- 8-K filed 2026-08-05
- Item 2.01 Completion of acquisition or disposition of assets
- 8-K filed 2026-07-29
- Item 2.01 Completion of acquisition or disposition of assets
- 8-K filed 2026-07-22
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-07-13
- Item 8.01 Other events
Frequently asked questions about Medalist Diversified, Inc.
- What does Medalist Diversified, Inc. do?
- In its own words, from Item 1 of its 10-K: "Medalist Diversified, Inc. was formed in 2015 as a Maryland corporation, to acquire, reposition, renovate, lease and manage income-producing properties., a Delaware limited partnership (the “Operating Partnership”) which was formed on September 29, 2015. Medalist Diversified, Inc. serves as the general partner of Medalist Diversified Holdings, LP."
- What is Medalist Diversified, Inc.'s revenue?
- $10.4M for the fiscal year ending December 31, 2025, from its 10-K filed March 2, 2026.
- Is Medalist Diversified, Inc. profitable?
- Medalist Diversified, Inc. reported net income of -$2.4M for the fiscal year ending December 31, 2025.
- Who is the CEO of Medalist Diversified, Inc.?
- Frank Kavanaugh, CHAIRMAN, CEO & PRESIDENT, as named in a 4 filed April 17, 2026.
- Who is the CFO of Medalist Diversified, Inc.?
- Charles Brent Winn Jr., CHIEF FINANCIAL OFFICER, as named in a 4 filed September 9, 2026.
- Where is Medalist Diversified, Inc. headquartered?
- Richmond, VA.
- What is Medalist Diversified, Inc.'s stock ticker?
- MDRR on Nasdaq.
- What industry is Medalist Diversified, Inc. in?
- Real Estate Investment Trusts, SIC code 6798.
- What is Medalist Diversified, Inc.'s website?
- medalistdiv.com.
- When does Medalist Diversified, Inc. report earnings next?
- November 9, 2026. Source: estimate_10q_cadence.
- Is Medalist Diversified, Inc. a public company?
- Yes. Medalist Diversified, Inc. files with the SEC under CIK 0001654595 and trades as MDRR.
- Who audits Medalist Diversified, Inc.?
- Cherry Bekaert LLP, Richmond, Virginia, as named in its latest annual report (10-K).
- How many shares of Medalist Diversified, Inc. are outstanding?
- 1.6 million shares as of August 13, 2026, from its 10-Q filed August 13, 2026.
- What is Medalist Diversified, Inc.'s public float?
- $6.9M as of June 30, 2025, as reported on the cover of its 10-K/A filed April 28, 2026.
- How many business segments does Medalist Diversified, Inc. report?
- 2 reportable segments for the period ending June 30, 2026, from its 10-Q filed August 13, 2026.
- When is Medalist Diversified, Inc.'s annual shareholder meeting?
- June 16, 2026, per its proxy statement (DEF 14A) filed May 15, 2026.
- Have Medalist Diversified, Inc. insiders traded stock recently?
- Since August 13, 2025, officers and directors reported 4 open-market sales worth about $3.5M and 27 purchases worth about $4.6M on Forms 4 and 5. The most recent: Charles Brent Winn Jr. (CHIEF FINANCIAL OFFICER) bought 49 shares on September 9, 2026.