Medalist Diversified REIT, Inc. 8-K

What Happened

• Medalist Diversified REIT, Inc. (MDRR) filed an 8‑K (Item 5.02) reporting that directors Kory Kramer and A. Lee Finley notified the company on January 5, 2026 that they will resign from the Board of Directors effective January 9, 2026. The filing was signed January 7, 2026.
• Their resignations remove them from the Board’s Nominating and Corporate Governance Committee and Acquisition Committee. The company said the resignations were not due to any disagreement with the company’s operations, policies or practices.

Key Details

• Resignation notices given: January 5, 2026; effective date: January 9, 2026.
• Filing date / signature on 8‑K: January 7, 2026 (signed by CFO C. Brent Winn, Jr.).
• Committees affected: Nominating and Corporate Governance Committee and Acquisition Committee.
• Board size: Company anticipates reducing the Board to five directors following these resignations.

Why It Matters

• Governance: Two board departures change board composition and committee membership, which can affect oversight of nominations and acquisitions until replacements or reassignments occur.
• Investor watchlist: Investors should look for follow‑up SEC filings (e.g., announcements of new director appointments or committee reassignments) that may provide more detail on governance and strategic oversight.
• No reported dispute: The company stated the resignations were not due to any disagreement, which reduces immediate governance red flag risk documented in the filing.