SCHEDULE: Medalist REIT CFO Boosts Stake to 5.25%

Medalist Diversified REIT's CFO, Charles Brent Winn Jr., has reported beneficial ownership of 5.25% of the company's common stock following a recent equity grant.

Summary

• Charles Brent Winn Jr., Chief Financial Officer of Medalist Diversified REIT, Inc., reported beneficial ownership of 59,202 shares of the Issuer's Common Stock.
• This ownership represents approximately 5.25% of the total issued and outstanding shares of Common Stock, based on 1,128,500 shares outstanding as of February 2, 2026.
• On January 28, 2026, the Reporting Person acquired 4,000 shares of Common Stock, which were granted by the board of directors as compensation for his service under the Issuer's 2018 Equity Incentive Plan.
• Prior to this grant, the Reporting Person had made open market purchases using personal funds and received additional share awards under the same 2018 Equity Incentive Plan.
• The Reporting Person currently has no plans or proposals related to significant corporate events but reserves the right to acquire or dispose of securities in the future based on various market and company-specific factors.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as increased insider ownership by a key executive like the CFO typically signals confidence and aligns management's interests with shareholders.

Positives

• Increased alignment between management (CFO) and shareholder interests through significant equity ownership.
• The CFO's beneficial ownership exceeding 5% demonstrates a substantial personal stake in the company's performance and long-term success.
• Equity grants under the 2018 Equity Incentive Plan serve as compensation, aligning executive incentives with the creation of long-term shareholder value.

Risks

• The Reporting Person reserves the right to acquire additional securities or dispose of all or a portion of his holdings, which could potentially impact the market dynamics of the Issuer's stock.

Future Outlook

The reporting person has no current plans or proposals for significant corporate events such as mergers, liquidations, or changes in the board of directors. However, the reporting person reserves the right to acquire additional securities or dispose of all or a portion of his holdings in the future, considering factors like the Issuer's business prospects, market conditions, and regulatory matters.

Management Comments

• "The Reporting Person may, at any time and from time to time, take into consideration such factors as he deems relevant, including the business and prospects of the Issuer, anticipated future developments concerning the Issuer, existing and anticipated market conditions from time to time, general economic conditions, regulatory matters, and other opportunities available to the Reporting Person."
• "The Reporting Person reserves the right to acquire additional securities of the Issuer in the open market, in privately negotiated transactions (which may be with the Issuer or with third parties) or otherwise, to dispose of all or a portion of his holdings of securities of the Issuer or to change his intention with respect to any or all of the matters referred to in this Item 4."

Industry Context

StockSavvy.ai notes that increased insider ownership, particularly by a Chief Financial Officer, often signals strong confidence in the company's future performance within the REIT sector. This aligns the interests of key management with long-term shareholder value, which is generally viewed as a positive indicator by investors in real estate investment trusts.

Comparison to Industry Standards

• Insider ownership exceeding 5% by a key executive like the CFO is generally considered a strong indicator of management's commitment, often surpassing the average insider holdings seen in many publicly traded REITs.
• While specific comparable companies are not detailed in the filing, a 5.25% stake by a CFO is a notable position, potentially higher than the average for CFOs in similar-sized REITs, suggesting strong conviction in the company's prospects.

Legal Proceedings

• No disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) of Schedule 13D.

Stakeholder Impact

• Shareholders: Potential positive impact due to increased management alignment and confidence in the company's future.
• Management: Strengthened incentives tied to the company's stock performance through equity ownership.

Next Steps

• The Reporting Person may, at his discretion, acquire or dispose of additional securities of the Issuer in the open market or through privately negotiated transactions.

Key Dates

Recommendation

While the increased insider ownership is a positive signal of management confidence and alignment, this filing primarily reports a change in beneficial ownership rather than new operational or financial performance data. It reinforces a 'hold' position for existing investors, as it doesn't present new fundamental catalysts for a 'buy' or 'sell' decision, but rather confirms a positive aspect of corporate governance.

Keywords

Medalist Diversified REIT, MDRR, Schedule 13D, CFO, Charles Brent Winn Jr., beneficial ownership, equity incentive plan, common stock, real estate investment trust, REIT, insider ownership