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Seven Hills CFO withholds 2,624 shares for tax

Seven Hills Realty Trust’s CFO reported a small share withholding transaction to cover taxes tied to vesting equity awards.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Seven Hills Realty Trust (SEVN) reported that its CFO and Treasurer, Matthew C. Brown, had 2,624 Common Shares of Beneficial Interest withheld on September 17, 2026 to satisfy a tax liability related to vesting equity, at a value of $7.40 per share. After this tax-withholding disposition, he held 32,364 shares directly.

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Negative

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Insider Brown Matthew C.
Role CFO and Treasurer
Type Security Shares Price Value
Tax Withholding Common Shares of Beneficial Interest F1 2,624 $7.40 $19K
Holdings After Transaction: Common Shares of Beneficial Interest — 32,364 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.
Shares withheld for tax 2,624 shares Common Shares of Beneficial Interest withheld on September 17, 2026
Share value for tax withholding $7.40 per share Value used for the 2,624 withheld shares
Direct holdings after transaction 32,364 shares CFO’s direct ownership following the September 17, 2026 transaction
Transaction code Code F Payment of tax liability by delivering or withholding securities
Shares applied to tax liability events 2,624 shares Exercise price or tax liability-related shares in this filing
Common Shares of Beneficial Interest financial
"The security involved was described as Common Shares of Beneficial Interest"
Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.
tax liability financial
"Payment of tax liability by withholding securities incident to the vesting"
withholding securities financial
"Payment of tax liability by withholding securities incident to the vesting"
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.

FAQ

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

What insider transaction did SEVN’s CFO report on this Form 4?

The CFO, Matthew C. Brown, reported a disposition of 2,624 SEVN common shares on September 17, 2026 through withholding of shares to pay a tax liability related to vesting equity.

Was the SEVN Form 4 transaction a market sale or purchase?

No. The Form 4 reports a code F transaction, meaning 2,624 shares were withheld to pay a tax liability upon vesting, rather than a market sale or open-market purchase.

At what price were the SEVN shares valued for the tax-withholding transaction?

The 2,624 SEVN common shares withheld to pay taxes were valued at $7.40 per share for this transaction.

How many SEVN shares does the CFO hold after this reported transaction?

After the tax-withholding disposition of 2,624 shares, the CFO, Matthew C. Brown, directly holds 32,364 SEVN common shares of beneficial interest.

Was the SEVN insider transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 plan is reported for this transaction, and the footnote describes it as withholding securities to pay tax liability upon vesting under Rule 16b-3.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Brown Matthew C.

(Last)(First)(Middle)
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
Seven Hills Realty Trust [ SEVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO and Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares of Beneficial Interest09/17/2026F(1)2,624D$7.432,364D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Matthew C. Brown09/18/2026
** Signature of Reporting PersonDate
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)

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