---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009553"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T01:02:39.111541+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Medalist Diversified REIT Appoints A. Lee Finley as Class II Director; Two Directors Resign

## Summary
- A. Lee Finley appointed as Class II director on June 25, 2024, effective immediately.
- Timothy O'Brien and Charles S. Pearson, Jr. resigned as directors on June 26, 2024.
- Board size reduced to five directors; Francis Kavanaugh appointed Chair of the Board.
- Finley will serve on Nominating and Corporate Governance and Acquisition Committees.

## SEC filing metadata
- accession: 0001558370-24-009553
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000155837024009553/0001558370-24-009553-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000155837024009553/mdrr-20240625x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009553
- JSON: https://secwatch.observer/filing/0001558370-24-009553.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009553.txt

## Key facts
- Executive change
  Francis Kavanaugh was appointed as Chair of the Board at Medalist Diversified, Inc..
  - Action: appointed
  - Role: Chair of the Board
  source text: the Board reduced its size to five directors and appointed Francis Kavanaugh as Chair of the Board, in each case effective June 26, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000155837024009553/0001558370-24-009553-index.htm
- Executive change
  A. Lee Finley was appointed as Class II director at Medalist Diversified, Inc..
  - Action: appointed
  - Role: Class II director
  source text: On June 25, 2024, the Board of Directors (the “Board”) of Medalist Diversified REIT, Inc. (the “Company”) appointed A. Lee Finley, as a Class II director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000155837024009553/0001558370-24-009553-index.htm
- Executive change
  Timothy O'Brien resigned as director at Medalist Diversified, Inc..
  - Action: resigned
  - Role: director
  source text: On June 26, 2024, Timothy O’Brien and Charles S. Pearson, Jr. notified the Board that they will each resign as a director of the Company, effective June 26, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000155837024009553/0001558370-24-009553-index.htm
- Executive change
  Charles S. Pearson, Jr. resigned as director at Medalist Diversified, Inc..
  - Action: resigned
  - Role: director
  source text: On June 26, 2024, Timothy O’Brien and Charles S. Pearson, Jr. notified the Board that they will each resign as a director of the Company, effective June 26, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000155837024009553/0001558370-24-009553-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.