RMR Group CEO granted 31,479 shares of stock

RMR’s CEO received an equity grant and now holds direct and indirect stakes in the company’s Class A Common Stock.

Rhea-AI Filing Summary

RMR GROUP INC. (symbol: RMR) is the issuer of record for a Form 4 filing submitted to the SEC. PORTNOY ADAM D. reported acquisition or exercise transactions in this Form 4 filing.

RMR GROUP INC. (RMR) reported that Managing Director, President & CEO Adam D. Portnoy received a grant of 31,479 shares of Class A Common Stock on September 10, 2026, pursuant to the company’s equity compensation plan. Following this grant, he holds 192,702 shares directly and 90,564 shares indirectly through ABP Trust, where he may be deemed a beneficial owner but disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Grant/Award: 31,479 shares

Grant/Award 2 txns

Insider PORTNOY ADAM D.

Role Managing Dir., President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1	31,479	--	--
holding	Class A Common Stock F2	--	--	--

Holdings After Transaction: Class A Common Stock — 192,702 shares (Direct); Class A Common Stock — 90,564 shares (Indirect, By Trust)

Footnotes (2)

1. F1. Transaction reported is a grant of shares pursuant to the issuer's equity compensation plan.
2. F2. These shares are held by ABP Trust; Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.

Key Figures

Shares granted: 31,479 shares Direct holdings after grant: 192,702 shares Indirect holdings by ABP Trust: 90,564 shares

3 metrics

Shares granted 31,479 shares Grant of Class A Common Stock to Adam D. Portnoy on September 10, 2026

Direct holdings after grant 192,702 shares Class A Common Stock directly owned by Adam D. Portnoy after the reported grant

Indirect holdings by ABP Trust 90,564 shares Class A Common Stock held indirectly by ABP Trust, with Portnoy’s beneficial ownership disclaimed except for pecuniary interest

Key Terms

equity compensation plan, beneficial owner, pecuniary interest, indirect

4 terms

equity compensation plan financial

"grant of shares pursuant to the issuer's equity compensation plan"

A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.

beneficial owner financial

"may be deemed to be a beneficial owner of these shares"

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.

pecuniary interest financial

"disclaims such beneficial ownership except to the extent of his pecuniary interest"

indirect financial

"These shares are held by ABP Trust; ... reported as indirect ownership"

FAQ

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

What insider transaction did RMR (RMR) report for Adam D. Portnoy?

RMR reported that CEO Adam D. Portnoy received a grant of 31,479 shares of Class A Common Stock on September 10, 2026, described as a grant under the company’s equity compensation plan.

How many RMR (RMR) shares does Adam D. Portnoy hold directly after this Form 4?

After the September 10, 2026 grant, Adam D. Portnoy holds 192,702 shares of RMR Class A Common Stock in direct ownership, as reported in the filing.

What indirect RMR (RMR) holdings are reported for Adam D. Portnoy?

The Form 4 reports 90,564 shares of RMR Class A Common Stock held indirectly by ABP Trust. Mr. Portnoy, as sole trustee and controlling shareholder of ABP Trust, may be deemed a beneficial owner but disclaims ownership except for his pecuniary interest.

Was the RMR (RMR) equity grant to Adam D. Portnoy a market purchase?

No. The filing states the transaction is a grant of shares pursuant to RMR’s equity compensation plan, not an open-market purchase, and no per-share price is reported.

Was the RMR (RMR) Form 4 transaction under a Rule 10b5-1 trading plan?

The document-level checkbox indicates no Rule 10b5-1 plan is reported for these transactions, and the footnotes do not reference any pre-arranged 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 09/14/2026 - 05:06 PM Accepted by SEC EDGAR 09/14/2026 - 05:02 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^*

PORTNOY ADAM D.

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Managing Dir., President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026

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	09/10/2026		A		31,479	A	(1)	192,702	D
Class A Common Stock								90,564(2)	I	By Trust(2)

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. Transaction reported is a grant of shares pursuant to the issuer's equity compensation plan.

2. These shares are held by ABP Trust; Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.

	/s/ Adam D. Portnoy	09/14/2026
	** 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)