Office Properties Income Trust (OPI) funds sell 6,855 shares near $19

Rhea-AI Filing Summary

Redwood Capital Management–managed funds reported three indirect open-market sales of Office Properties Income Trust common shares totaling 6,855 shares between August 11 and 13, 2026, at weighted average prices around $19 per share. The shares are held by certain funds, and the reporting entities may be deemed beneficial owners while disclaiming beneficial ownership except for any pecuniary interest.

Insider Trade Summary

Net Seller: 6,855 shares

Net Sell 3 txns

Insider REDWOOD CAPITAL MANAGEMENT, LLC, Redwood Capital Management Holdings, LP, Double Twins K, LLC, KLIKSBERG RUBEN

Role 10% Owner | 10% Owner | 10% Owner | 10% Owner

Sold 6,855 shs ($130K)

Type	Security	Shares	Price	Value
Sale	Common Shares of Beneficial Interest F5, F2, F3	1,826	$19.0036	$35K
Sale	Common Shares of Beneficial Interest F4, F2, F3	2,616	$19.0365	$50K
Sale	Common Shares of Beneficial Interest F1, F2, F3	2,413	$19.00	$46K

Holdings After Transaction: Common Shares of Beneficial Interest — 4,158,412 shares (Indirect, See footnotes)

Footnotes (5)

1. F1. The price reported is a weighted average price. These shares were sold in multiple transactions at $19.00. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares bought in each of the transactions at the price set forth in this footnote to this Form 4.
2. F2. This Form 4 is being filed jointly by Redwood Capital Management, LLC, a Delaware limited liability company ("Redwood Capital Management"), Redwood Capital Management Holdings, LP, a Delaware limited partnership ("Redwood Capital Management Holdings"), Double Twins K, LLC, a Delaware limited liability company ("Double Twins K"), and Ruben Kliksberg, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). The business address of each Reporting Person is 250 West 55th St., 26th Floor, New York, NY 10019.
3. F3. The Subject Securities are directly held by certain funds (the "Redwood Funds") for which Redwood Capital Management serves as the investment manager. Each of (a) Redwood Capital Management, as the investment manager to the Redwood Funds with respect to the Subject Securities directly held by the Redwood Funds, (b) Redwood Capital Management Holdings, as the sole member of Redwood Capital Management, (c) Double Twins K, as the general partner of Redwood Capital Management Holdings, and (d) Mr. Kliksberg, as the managing member of Double Twins K, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended. Each Reporting Person disclaims any beneficial ownership of the Subject Securities, except to the extent of any pecuniary interest therein.
4. F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 - $19.17. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission the SEC, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote to this Form 4.
5. F5. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 - $19.07. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission the SEC, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote to this Form 4.

Key Figures

Total shares sold: 6,855 shares Shares sold 2026-08-11: 2,413 shares Price 2026-08-11: $19.00 per share +4 more

7 metrics

Total shares sold 6,855 shares Aggregate common shares of beneficial interest sold August 11–13, 2026

Shares sold 2026-08-11 2,413 shares Common shares of beneficial interest sold on August 11, 2026

Price 2026-08-11 $19.00 per share Weighted average sale price on August 11, 2026

Shares sold 2026-08-12 2,616 shares Common shares of beneficial interest sold on August 12, 2026

Price 2026-08-12 $19.0365 per share Weighted average sale price on August 12, 2026

Shares sold 2026-08-13 1,826 shares Common shares of beneficial interest sold on August 13, 2026

Price 2026-08-13 $19.0036 per share Weighted average sale price on August 13, 2026

Key Terms

weighted average price, pecuniary interest, beneficial owner, Rule 16a-1(a)

4 terms

weighted average price financial

"The price reported is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

pecuniary interest financial

"each of whom may be deemed to have a pecuniary interest in securities"

beneficial owner financial

"may be deemed to be the beneficial owner of the Subject Securities"

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.

Rule 16a-1(a) regulatory

"for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934"

FAQ

What insider activity did OPI report from Redwood Capital Management?

Funds managed by Redwood Capital Management reported selling a total of 6,855 common shares of Office Properties Income Trust in three open-market transactions between August 11 and 13, 2026, at weighted average prices near $19 per share.

How many OPI shares were sold on each reported date?

The reporting funds sold 2,413 shares on August 11, 2,616 shares on August 12, and 1,826 shares on August 13, 2026. All were common shares of beneficial interest in Office Properties Income Trust (OPI).

What prices did the Redwood-managed funds receive for the OPI share sales?

The reported weighted average prices were $19.00 on August 11, $19.0365 on August 12, and $19.0036 on August 13, 2026. Footnotes state sales occurred in multiple trades within disclosed price ranges around these averages.

Who is considered the beneficial owner of the OPI shares sold by Redwood funds?

The shares are directly held by certain Redwood Funds. Redwood Capital Management, its affiliated entities, and Ruben Kliksberg may be deemed beneficial owners under Rule 16a-1(a), but each disclaims beneficial ownership except for any pecuniary interest.

Were the reported OPI insider sales made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming plan status, and the footnotes do not state that these OPI share sales were made pursuant to a Rule 10b5-1 trading plan.

Are the OPI sales by Redwood Capital Management direct or indirect holdings?

All reported transactions are coded as indirect ownership. The common shares of beneficial interest are directly held by certain Redwood Funds, with the reporting entities’ interests arising through their management and ownership structure over those funds.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/13/2026 - 07:21 PM Accepted by SEC EDGAR 08/13/2026 - 07:21 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

REDWOOD CAPITAL MANAGEMENT, LLC

(Last) (First) (Middle)

250 WEST 55TH ST.

26TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OFFICE PROPERTIES INCOME TRUST [ OPI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares of Beneficial Interest	08/11/2026		S		2,413	D	$19(1)	4,162,854	I	See footnotes(2)(3)
Common Shares of Beneficial Interest	08/12/2026		S		2,616	D	$19.0365(4)	4,160,238	I	See footnotes(2)(3)
Common Shares of Beneficial Interest	08/13/2026		S		1,826	D	$19.0036(5)	4,158,412	I	See footnotes(2)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

REDWOOD CAPITAL MANAGEMENT, LLC

(Last) (First) (Middle)

250 WEST 55TH ST.

26TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Redwood Capital Management Holdings, LP

(Last) (First) (Middle)

250 WEST 55TH STREET

26TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Double Twins K, LLC

(Last) (First) (Middle)

250 W 55TH STREET

26TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

KLIKSBERG RUBEN

(Last) (First) (Middle)

C/O REDWOOD CAPITAL MANAGEMENT, LLC

250 WEST 55TH STREET, 26TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The price reported is a weighted average price. These shares were sold in multiple transactions at $19.00. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares bought in each of the transactions at the price set forth in this footnote to this Form 4.

2. This Form 4 is being filed jointly by Redwood Capital Management, LLC, a Delaware limited liability company ("Redwood Capital Management"), Redwood Capital Management Holdings, LP, a Delaware limited partnership ("Redwood Capital Management Holdings"), Double Twins K, LLC, a Delaware limited liability company ("Double Twins K"), and Ruben Kliksberg, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). The business address of each Reporting Person is 250 West 55th St., 26th Floor, New York, NY 10019.

3. The Subject Securities are directly held by certain funds (the "Redwood Funds") for which Redwood Capital Management serves as the investment manager. Each of (a) Redwood Capital Management, as the investment manager to the Redwood Funds with respect to the Subject Securities directly held by the Redwood Funds, (b) Redwood Capital Management Holdings, as the sole member of Redwood Capital Management, (c) Double Twins K, as the general partner of Redwood Capital Management Holdings, and (d) Mr. Kliksberg, as the managing member of Double Twins K, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended. Each Reporting Person disclaims any beneficial ownership of the Subject Securities, except to the extent of any pecuniary interest therein.

4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 - $19.17. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission the SEC, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote to this Form 4.

5. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 - $19.07. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission the SEC, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote to this Form 4.

	Redwood Capital Management, LLC, By: /s/ Redwood Capital Management Holdings, LP, its sole member, By: Double Twins K, LLC, its general partner, By: /s/ Ruben Kliksberg, its Managing Member	08/13/2026
	Redwood Capital Management Holdings, LP, By: Double Twins K, LLC, its general partner, By: /s/ Ruben Kliksberg, its Managing Member	08/13/2026
	Double Twins K, LLC, By: /s/ Ruben Kliksberg, its Managing Member	08/13/2026
	/s/ Ruben Kliksberg	08/13/2026
	** Signature of Reporting Person	Date
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 4 (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 4: SEC 1474 (03-26)