RMR director has 6,664 shares withheld for taxes
RMR’s managing director and COO had shares withheld to cover taxes on a vesting equity award, leaving a sizable direct holding unchanged by open-market trading.
Rhea-AI Filing Summary
RMR GROUP INC. (RMR) reported that director and officer Matthew P. Jordan had 6,664 shares of Class A Common Stock withheld on September 17, 2026 to pay tax liability associated with the vesting of an equity award under Rule 16b-3. After this tax-withholding disposition, he directly holds 75,990 shares of Class A Common Stock, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 6,664 shares
Tax Withholding
1 txn
Insider
Jordan Matthew P.
Role
Managing Dir., Exec. VP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 6,664 | $18.87 | $126K |
Holdings After Transaction:
Class A Common Stock — 75,990 shares (Direct)
Footnotes (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 tax liability: 6,664 shares
Withholding price per share: $18.87 per share
Shares held after transaction: 75,990 shares
3 metrics
Shares withheld for tax liability
6,664 shares
Class A Common Stock withheld on September 17, 2026 to pay tax liability
Withholding price per share
$18.87 per share
Price used for the 6,664 shares withheld for tax liability
Shares held after transaction
75,990 shares
Direct Class A Common Stock holdings of Matthew P. Jordan after the transaction
Key Terms
Rule 16b-3, tax liability, withholding securities
3 terms
Rule 16b-3 regulatory
"vesting of the security 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 Matthew P. Jordan?
RMR reported that Matthew P. Jordan had 6,664 shares of Class A Common Stock withheld on September 17, 2026 to pay tax liability related to the vesting of an equity award under Rule 16b-3, rather than through an open-market sale.
Was the RMR (RMR) insider transaction done under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is affirmed for this transaction; it reflects shares withheld to satisfy tax liability on a vesting equity award.
What role does Matthew P. Jordan hold at RMR (RMR)?
Matthew P. Jordan is identified as a director and an officer of RMR, with the title “Managing Dir., Exec. VP, COO,” in the Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.