RMR EVP has 2,654 shares withheld for taxes

RMR’s executive vice president had shares withheld to cover taxes on vesting, a routine Form 4 disposition that did not involve an open-market sale.

Rhea-AI Filing Summary

RMR GROUP INC. (RMR) reported an insider equity transaction by Jeffrey C. Leer, Exec. VP of The RMR Group LLC. On September 17, 2026, 2,654 shares of Class A Common Stock were withheld at $18.87 per share to pay tax liability incident to vesting, leaving him with 24,073 shares held directly. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Tax Withholding: 2,654 shares

Tax Withholding 1 txn

Insider Leer Jeffrey C.

Role Exec. VP of The RMR Group LLC

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock F1	2,654	$18.87	$50K

Holdings After Transaction: Class A Common Stock — 24,073 shares (Direct)

Footnotes (1)

1. F1. Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.

Key Figures

Shares withheld for taxes: 2,654 shares Per-share value for withholding: $18.87 per share Shares held after transaction: 24,073 shares

3 metrics

Shares withheld for taxes 2,654 shares Class A Common Stock withheld on September 17, 2026 for tax liability

Per-share value for withholding $18.87 per share Value used for the tax-withholding disposition on September 17, 2026

Shares held after transaction 24,073 shares Direct holdings of Jeffrey C. Leer after the reported transaction

Key Terms

Rule 16b-3, tax liability, withholding securities

3 terms

Rule 16b-3 regulatory

"issued in accordance with Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

tax liability financial

"Payment of tax liability by withholding securities incident to the vesting"

withholding securities financial

"by withholding securities incident to the vesting of the security"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did RMR (RMR) report for Jeffrey C. Leer?

RMR reported that Jeffrey C. Leer had 2,654 shares of Class A Common Stock withheld on September 17, 2026 to pay tax liability related to a vesting event, rather than executing an open-market sale.

At what price were the RMR shares withheld in Jeffrey C. Leer’s Form 4?

The shares were valued at $18.87 per share in connection with the withholding used to pay tax liability incident to the vesting of equity awarded under Rule 16b-3.

How many RMR shares does Jeffrey C. Leer hold after this Form 4 transaction?

Following the tax-withholding transaction, Jeffrey C. Leer directly holds 24,073 shares of RMR Class A Common Stock, as reported in the filing.

Was Jeffrey C. Leer’s RMR Form 4 transaction an open-market sale?

No. The Form 4 states the transaction was a payment of tax liability by withholding securities upon vesting, not an open-market sale of RMR shares.

Was a Rule 10b5-1 trading plan used for Jeffrey C. Leer’s RMR transaction?

No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote indicating the transaction was made under a Rule 10b5-1 trading plan.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/21/2026 - 04:28 PM Accepted by SEC EDGAR 09/21/2026 - 04:25 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^*

Leer Jeffrey C.

(Last) (First) (Middle)

C/O THE RMR GROUP LLC, TWO NEWTON PLACE

255 WASHINGTON STREET, SUITE 300

(Street)

NEWTON MASSACHUSETTS 02458

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RMR GROUP INC. [ NASDAQ:RMR ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec. VP of The RMR Group LLC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

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

X	Form filed by One Reporting Person
	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
Class A Common Stock	09/17/2026		F		2,654	D	$18.87(1)	24,073	D

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

Explanation of Responses:

1. Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.

	/s/ Jeffrey C. Leer	09/21/2026
	** 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)