SEVN Form 4: Director Sells 5,251 Shares at $10.95
Rhea-AI Filing Summary
Seven Hills Realty Trust (SEVN) reporting person Matthew P. Jordan, a director, recorded a transaction dated 09/16/2025 showing the disposition of 5,251 common shares at a price of $10.95 per share. After the reported transaction Mr. Jordan beneficially owned 84,173 shares, held directly. The filing states the sale was to satisfy a tax withholding obligation arising from the vesting of previously issued securities. The Form 4 is signed 09/18/2025 and indicates a single reporting person filing.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director sold 5,251 shares at $10.95 to cover tax withholding; ownership remains material but transaction appears routine.
The disposition reduces the director's direct stake to 84,173 shares. The sale price and share count are explicitly reported and the stated reason is tax withholding related to vesting, which is a common, non-strategic liquidity event and typically neutral for valuation models. No additional compensatory details or derivative transactions are reported.
TL;DR: This Form 4 documents a standard withholding sale by an insider; disclosure is timely and complies with Section 16 reporting.
The filing identifies the reporting person as a director and notes an individual filing. The explicit explanation cites tax withholding under Rule 16b-3, which generally aligns with accepted insider reporting practices. There are no indications of coordinated sales, pledges, or changes to control in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares of Beneficial Interest | 5,251 | $10.95 | $57K |
Footnotes (1)
- F1. Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.
FAQ
What did the SEVN Form 4 filed by Matthew P. Jordan report?
What is Matthew P. Jordan's relationship to SEVN as reported?
When was the transaction and when was the Form 4 signed?
Does the Form 4 report any derivative transactions or other changes?
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