[Form 4] OFFICE PROPERTIES INCOME TRUST Insider Trading Activity
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.
- Timely and complete disclosure of the director's transaction on a signed Form 4 filed following Section 16 rules
- Clear explanation that the disposition was for tax withholding related to vesting (F(1)), reducing ambiguity about motive
- Reduction in beneficial holdings by 7,858 shares, from prior levels to 135,916 shares following the withholding
Insights
TL;DR: Routine director withholding to cover taxes; small, non-market-moving disposition that reduces reported holdings modestly.
The transaction is coded F(1), explained as payment of tax liability by withholding shares upon vesting. The disposed amount, 7,858 shares at $0.8312, appears to be a mechanical tax-related transfer rather than an open-market sale. Such transactions commonly occur upon equity vesting and typically have limited signal about the director's view on the company's prospects. Beneficial ownership after the transaction is 135,916 shares, which remains material for disclosure but no additional context is provided about total outstanding shares or percentage ownership.
TL;DR: Disclosure is timely and follows standard practice for tax withholding on vested awards; no governance red flags present.
The filing identifies Ms. Clark as a director and shows the withholding was executed to satisfy tax obligations from vested securities under Rule 16b-3. The Form 4 is signed and dated, meeting Section 16 reporting requirements. There is no indication of coordinated trading or Rule 10b5-1 plans, and the filing provides the required explanatory note for the withholding.