Adam D. Portnoy - Sep 17, 2024 Form 4 Insider Report for Seven Hills Realty Trust (SEVN)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEVN	Common Shares of Beneficial Interest	Tax liability	-$11.1K	-805	-0.4%	$13.83	200K	Sep 17, 2024	Direct	F1
holding	SEVN	Common Shares of Beneficial Interest						1.81M	Sep 17, 2024	See Footnote	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.
F2	104,827 Common Shares are held by ABP Trust, which includes 2,664 Common Shares acquired under the Issuer's dividend reinvestment plan since May 30, 2024. Mr. Portnoy is a holder of shares of beneficial interest in, and the sole trustee of, ABP Trust. Mr. Portnoy may be deemed to be a beneficial owner of the Common Shares owned directly by ABP Trust, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.
F3	1,708,058 Common Shares are held by Tremont Realty Capital LLC ("TRC"). TRC is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC"), which is a direct majority owned subsidiary of The RMR Group Inc. ("RMR Inc."), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is also a beneficial owner and a director of TRC, RMR LLC and RMR Inc. and Mr. Portnoy may be deemed to beneficially own the Common Shares owned directly by TRC, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.