[Form 4] Seven Hills Realty Trust Insider Trading Activity

Rhea-AI Filing Summary

Thomas J. Lorenzini, President and CIO of Seven Hills Realty Trust (SEVN), reported a grant of 8,174 common shares under the issuer's equity compensation plan on 09/09/2025. Following the grant, he beneficially owned 26,329 common shares in total. The filing notes that 388 of those shares were acquired through the issuer's dividend reinvestment plan since 09/11/2024. Lorenzini is identified as an officer and director. The Form 4 was signed by the reporting person on 09/11/2025.

Positive

• Equity alignment: Grant of 8,174 shares increases the reporting person's stake to 26,329, aligning executive interests with shareholders
• Transparent disclosure: Filing clearly identifies role as President and CIO and reports DRIP activity of 388 shares since 09/11/2024

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine equity grant to an executive increases insider ownership but shows no sale or change in control.

The Form 4 documents a grant of 8,174 common shares to Thomas J. Lorenzini under the company's equity compensation plan, raising his beneficial ownership to 26,329 shares. This is a standard compensation-related issuance with no accompanying sale or disposition disclosed. The filing also records incremental ownership from a dividend reinvestment plan of 388 shares since 09/11/2024. For investors, the record indicates alignment of management with equity ownership but contains no financial terms such as grant valuation or vesting schedule.

Corporate Governance Expert

TL;DR: Insider received equity compensation; disclosure is complete for a Form 4 but lacks vesting and price details.

The submission identifies Lorenzini as both an officer and director and timely reports the 9/9/2025 equity grant and subsequent beneficial ownership as required under Section 16. The explanatory note clarifies the grant source and the later addition of 388 DRIP shares. The filing does not include exercise/vesting terms or price information, so governance implications related to retention incentives cannot be assessed from this document alone.

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
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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^*

Lorenzini Thomas J.

(Last) (First) (Middle)

TWO NEWTON PLACE,

255 WASHINGTON STREET SUITE 300

(Street)

NEWTON MA 02458

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Seven Hills Realty Trust [ SEVN ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CIO

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Shares of Beneficial Interest	09/09/2025		A		8,174	A	(1)	26,329(2)	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. Transaction reported is grant of shares pursuant to issuer's equity compensation plan.

2. Includes 388 common shares acquired under a dividend reinvestment plan since September 11, 2024

	/s/ Thomas J. Lorenzini	09/11/2025
	** 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.

FAQ

What transaction did Thomas J. Lorenzini report on Form 4 for SEVN?

The Form 4 reports a grant of 8,174 common shares under Seven Hills Realty Trust's equity compensation plan on 09/09/2025.

How many SEVN shares does the reporting person beneficially own after the transaction?

Following the reported transaction, the filing shows 26,329 common shares beneficially owned by Thomas J. Lorenzini.

Does the Form 4 mention any dividend reinvestment purchases?

Yes. The filing states 388 common shares were acquired under the dividend reinvestment plan since 09/11/2024.

What is Thomas J. Lorenzini's role at Seven Hills Realty Trust as reported on the Form 4?

The Form 4 identifies him as an Officer (President and CIO) and a Director of Seven Hills Realty Trust.

When was the Form 4 signed by the reporting person?

The Form 4 was signed by Thomas J. Lorenzini on 09/11/2025.