Welcome to our dedicated page for Office Properties Income Trust SEC filings (Ticker: OPI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Office Properties Income Trust filings document the regulatory record for a Maryland REIT with common shares of beneficial interest and 6.375% Senior Notes due 2050. Its Form 8-K reports cover operating results, earnings materials, distribution decisions, material agreements, capital-structure disclosures, and risk-factor references tied to its office-property leasing business.
The filing record also documents listing-status and corporate-status matters, including suspension of trading on The Nasdaq Global Select Market and OTC Pink quotations for the trust’s common shares and senior notes. Other material-event filings address restructuring-related governance, senior note interest-payment notices, credit-agreement notices, and board actions affecting liquidity and cash preservation.
Office Properties Income Trust furnished “Cleansing Material” under Regulation FD, sharing information from confidential discussions with multiple creditor ad hoc groups about one or more potential transactions involving its funded debt obligations, including the 3.25% Senior Secured Notes due 2027 and 9.000% Senior Secured Notes due March and September 2029, as well as its secured credit facility and certain unsecured notes.
The company states no agreement has been reached with the 2027, March 2029, secured facility, or unsecured ad hoc groups, and it offers no assurance that terms will be agreed. The materials were provided solely to facilitate discussions and are furnished, not filed. This report is not an offer to sell or exchange any securities.
Separately, the company notes its common shares and 6.375% Senior Notes due 2050 were suspended from Nasdaq trading on October 7, 2025 and began quotation on the OTC Pink Market under symbols OPITS and OPILR.
Office Properties Income Trust reported it did not make the required interest payment of approximately $1.8 million due on its 3.450% Senior Notes due 2031 on October 15, 2025. Under the indenture, there is a 30-day grace period to cure the non-payment before it becomes an event of default.
The company also notified Wells Fargo, the administrative agent under its credit agreement, of the missed 2031 Notes payment. The credit agreement provides a 30-day grace period before this becomes an event of default under that agreement. The company stated it is working with advisors to pursue restructuring efforts.
Office Properties Income Trust reports that Nasdaq has notified the company its common shares are subject to delisting after failing to regain the required $1.00 minimum bid price by September 22, 2025. Unless appealed, the shares are expected to be delisted at the opening of business on October 6, 2025, and the company states it does not expect to appeal.
The company also discloses that on September 30, 2025 it did not make an approximately $27.4 million interest payment due on its 9.000% Senior Secured Notes due September 2029 and an approximately $3.4 million interest payment due on its 3.250% Senior Secured Notes due March 2027. Under the governing indentures and its credit agreement, there is a 30‑day grace period before these non-payments and the anticipated delisting can become events of default, while the company continues to work with advisors on restructuring efforts.
Adam D. Portnoy, a director of Office Properties Income Trust (ticker: OPINL), reported a small disposition of 2,108 common shares on 09/16/2025 at a price of $0.8312 per share to satisfy a tax withholding obligation tied to vesting. After the transaction Mr. Portnoy directly beneficially owns 212,329 shares and is reported as having an indirect interest in 576,258 shares held by ABP Trust, of which he is the sole trustee and disclaims beneficial ownership except to the extent of his pecuniary interest. The Form 4 is signed by Mr. Portnoy on 09/18/2025.
Jennifer B. Clark, a director of Office Properties Income Trust (symbol: OPINL), reported a disposition of 7,858 common shares on 09/16/2025. The Form 4 shows the shares were surrendered at a price of $0.8312 per share to satisfy a tax withholding obligation related to the vesting of previously issued securities. After the withholding, Ms. Clark beneficially owns 135,916 shares. The form is signed and dated 09/18/2025 and is filed under Section 16 reporting rules.
Yael Duffy, President and COO of The RMR Group LLC, reported a Form 4 for OFFICE PROPERTIES INCOME TRUST (symbol OPINL). The filing discloses a transaction on 09/16/2025 in which 1,230 common shares were disposed at an average price of $0.8312 per share. The filing states the sale was the payment of tax liability by withholding securities incident to the vesting of previously issued equity. After the transaction, Duffy beneficially owns 37,078 shares and holds those shares directly. The Form 4 was signed on 09/18/2025.
Brian E. Donley, who is identified as an officer (CFO and Treasurer) of Office Properties Income Trust, reported a securities disposition on 09/16/2025. The filing shows a Code F(1) transaction in which 1,174 common shares were withheld to satisfy tax withholding obligations at a price of $0.8312 per share. After the withholding, Mr. Donley beneficially owned 36,581 common shares as a direct owner. The form includes an explanatory note that the withholding was to pay taxes incident to the vesting of previously issued securities, and the report is signed by Mr. Donley on 09/18/2025.
Office Properties Income Trust reported that its Board of Trustees appointed John Castellano, a Partner and Managing Director at AlixPartners, LLP, as Chief Restructuring Officer on September 15, 2025. The company notes that AlixPartners had already been engaged to support its restructuring efforts, and this appointment formalizes that role inside the organization.
Office Properties Income Trust (OPI) disclosed that D. E. Shaw & Co., L.P. and David E. Shaw each report shared beneficial ownership of 2,596,642 common shares, representing 3.5% of OPI's outstanding common shares. The holdings are held through affiliated entities: 2,523,141 shares in D. E. Shaw Galvanic Portfolios, L.L.C., 72,001 shares in D. E. Shaw Valence Portfolios, L.L.C., and 1,500 shares in D. E. Shaw Composite Portfolios, L.L.C. Both reporting persons report no sole voting or dispositive power and shared voting and dispositive power over those shares. The filing includes a certification that the securities were not acquired to influence control and references a power of attorney and a joint filing agreement executed by the reporting persons.
The Reporting Persons, a group of MSD-related funds and two executives, jointly filed a Schedule 13G/A stating they beneficially own 0 shares of Office Properties Income Trust common stock, representing 0% of the class. The filing identifies MSD Partners as investment adviser to the MSD Parties and notes that Messrs. Lemkau and Trott have investment discretion over certain funds, but the reported aggregate ownership remains zero. The Reporting Persons have submitted a Joint Filing Agreement as Exhibit 99.1 and certify the securities were not acquired to change or influence control of the issuer.