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Adam D. Portnoy (OPI) reports 439,072 indirectly held shares in initial Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

OFFICE PROPERTIES INCOME TRUST director Adam D. Portnoy filed an initial Form 3 to report his indirect holdings in the company. The filing shows indirect ownership of 439,072 Common Shares of Beneficial Interest, held by The RMR Group LLC.

The RMR Group LLC is a majority-owned subsidiary of The RMR Group Inc., where Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. The filing states that Mr. Portnoy, ABP Trust and The RMR Group Inc. may be deemed beneficial owners of these shares, but each disclaims beneficial ownership except to the extent of any pecuniary interest.

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Insider PORTNOY ADAM D.
Role null
Type Security Shares Price Value
holding Common Shares of Beneficial Interest -- -- --
Holdings After Transaction: Common Shares of Beneficial Interest — 439,072 shares (Indirect, See Footnote)
Footnotes (1)
  1. [object Object]
Indirectly held common shares 439,072 shares Common Shares of Beneficial Interest held indirectly via The RMR Group LLC
Common Shares of Beneficial Interest financial
"These shares are held by The RMR Group LLC ("RMR LLC")."
Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.
beneficial owner financial
"Mr. Portnoy is also a beneficial owner and a director of RMR LLC and RMR Inc."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirect financial
"These shares are held by The RMR Group LLC ("RMR LLC")."
pecuniary interest financial
"they each disclaim such beneficial ownership except to the extent of their pecuniary interest therein."
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
PORTNOY ADAM D.

(Last)(First)(Middle)
C/O THE RMR GROUP LLC
TWO NEWTON PL., 255 WASH. ST., STE. 300

(Street)
NEWTON MASSACHUSETTS 02458

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
06/17/2026
3. Issuer Name and Ticker or Trading Symbol
OFFICE PROPERTIES INCOME TRUST [ NASDAQ:OPI ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares of Beneficial Interest439,072ISee Footnote(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares are held by The RMR Group LLC ("RMR LLC"). RMR LLC is a direct majority owned subsidiary of The RMR Group Inc. ("RMR Inc."), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is also a beneficial owner and a director of RMR LLC and RMR Inc. Each of Mr. Portnoy, ABP Trust and RMR Inc. may be deemed to be a beneficial owner of these shares, but they each disclaim such beneficial ownership except to the extent of their pecuniary interest therein.
/s/ Adam D. Portnoy06/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Adam D. Portnoy’s Form 3 filing for OPI report?

The Form 3 reports Adam D. Portnoy’s indirect ownership of 439,072 Common Shares of Beneficial Interest in OFFICE PROPERTIES INCOME TRUST, held through The RMR Group LLC, as his initial statement of beneficial ownership as a company director.

How many OFFICE PROPERTIES INCOME TRUST shares are reported in the OPI Form 3?

The filing reports 439,072 Common Shares of Beneficial Interest of OFFICE PROPERTIES INCOME TRUST. These shares are held indirectly through The RMR Group LLC, a majority-owned subsidiary of The RMR Group Inc., with which Adam D. Portnoy is affiliated.

Is Adam D. Portnoy’s OPI ownership direct or indirect in this Form 3?

The Form 3 shows indirect ownership. The 439,072 shares are held by The RMR Group LLC, and Adam D. Portnoy’s interest arises through his roles and interests in The RMR Group LLC, The RMR Group Inc., and ABP Trust, as described in the footnote.

Who actually holds the 439,072 OPI shares reported in the Form 3?

The 439,072 shares are held by The RMR Group LLC. The filing explains that The RMR Group LLC is majority owned by The RMR Group Inc., and Adam D. Portnoy is a managing director and controlling shareholder of that parent entity through ABP Trust.

Does Adam D. Portnoy fully claim beneficial ownership of the OPI shares?

No. The Form 3 states that Adam D. Portnoy, ABP Trust and The RMR Group Inc. may be deemed beneficial owners of the shares but each disclaims beneficial ownership except to the extent of any pecuniary interest in those shares.