Winn Charles Brent Jr. 4
Research Summary
AI-generated summary
Medalist (MDRR) CFO Winn Brent Jr. Buys 1,188 Shares
What Happened
Winn Charles Brent Jr., Chief Financial Officer of Medalist Diversified REIT, purchased a total of 1,188 shares of MDRR across three open-market transactions on March 5–6, 2026. The buys were: 350 shares at $11.60 ($4,060), 501 shares at $11.40 ($5,711), and 337 shares at $11.40 ($3,842), for an aggregate cost of $13,613. These were purchases (Form 4 code "P").
Key Details
- Transaction dates and prices:
- 2026-03-05: 350 shares @ $11.60 = $4,060
- 2026-03-05: 501 shares @ $11.40 = $5,711
- 2026-03-06: 337 shares @ $11.40 = $3,842
- Total purchased: 1,188 shares for $13,613.
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Filing date: Form 4 filed 2026-03-06 reporting the March 5–6 transactions; this appears to be filed within the SEC’s timely window.
- Transaction code: P = Purchase (open market or private purchase as indicated on the form).
- No footnotes (e.g., 10b5-1 plan, tax withholding) were noted in the provided transaction details.
Context
Insider purchases can be viewed by some investors as a sign of confidence, but size matters: this aggregate purchase (~$13.6k) is modest relative to many insider trades and may reflect routine buying rather than a major directional bet. The filing is factual; it does not explain the CFO’s motivation.