On September 3, Frank Kavanaugh, Chairman at Medalist Diversified REIT (NASDAQ:MDRR) executed a significant insider buy, as disclosed in the latest SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Kavanaugh purchased 12,369 shares of Medalist Diversified REIT. The total transaction amounted to $150,698. In the Tuesday’s morning session, Medalist Diversified REIT’s shares are currently trading at $12.5, experiencing a down of 0.0%. Delving into Medalist Diversified REIT’s BackgroundMedalist Diversified REIT Inc is engaged in the …