OPI director reports 439,072 indirect shares on Form 3
OFFICE PROPERTIES INCOME TRUST director Adam D. Portnoy filed an initial Form 3 to report his indirect holdings in the company.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares of Beneficial Interest | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
beneficial owner financial
indirect financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Adam D. Portnoy’s Form 3 filing for OPI report?
Is Adam D. Portnoy’s OPI ownership direct or indirect in this Form 3?
AI-generated analysis. How Rhea-AI works. Not financial advice.