SEVN Form 4: Director retains 83,136 shares after tax-withholding

Rhea-AI Filing Summary

Matthew P. Jordan, a director of Seven Hills Realty Trust (SEVN), reported a transaction on 10/01/2025 where 1,037 common shares were disposed of at a price of $10.41 per share. The filing states the shares were withheld to satisfy a tax liability arising from the vesting of previously issued securities. After the withholding, Mr. Jordan beneficially owns 83,136 common shares, held directly. The Form 4 is signed and dated 10/03/2025.

Positive

• Transaction was a tax-withholding disposition related to vesting, not an open-market sale
• Reporting person retains 83,136 directly owned shares, showing continued ownership

Negative

• None.

Insights

Insider Transactions Analyst

Director withheld 1,037 shares at $10.41 to cover taxes; retains 83,136 shares.

This Form 4 documents a tax-withholding disposition tied to the vesting of equity, not a cash-market sale. That means the action was administrative: 1,037 shares were surrendered to satisfy withholding obligations rather than an open-market divestiture.

The remaining 83,136 shares are reported as directly beneficially owned by the director, indicating continued equity exposure in the company.

Corporate Governance Specialist

Transaction type and timing align with routine equity compensation settlement.

The filing identifies the reporting person as a director and shows the transaction date of 10/01/2025 with a signed Form 4 dated 10/03/2025, complying with Section 16 reporting timelines. The explanation specifically cites tax withholding under Rule 16b-3, a common mechanism for settling vested awards.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jordan Matthew P.

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares of Beneficial Interest	1,037	$10.41	$11K

Holdings After Transaction: Common Shares of Beneficial Interest — 83,136 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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).

1. Name and Address of Reporting Person^*

Jordan Matthew P.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		F(1)		1,037	D	$10.41	83,136	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. Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.

	/s/ Matthew P. Jordan	10/03/2025
	** 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 did Matthew P. Jordan report on Form 4 for SEVN?

He reported a disposition of 1,037 common shares on 10/01/2025 at $10.41 per share, withheld to pay taxes from vested securities.

How many SEVN shares does the reporting director own after the transaction?

The Form 4 states he beneficially owns 83,136 common shares following the transaction.

Was the share disposition an open-market sale reported on the Form 4?

No. The explanation indicates the shares were withheld to satisfy a tax liability incident to vesting, per Rule 16b-3.

When was the Form 4 signed and filed?

The signature block shows the reporting person signed the Form on 10/03/2025.

What price was used for the withheld shares in the filing?

The filing reports a price of $10.41 per share for the 1,037 shares disposed.