ADAM D. PORTNOY - 11 Dec 2025 Form 4 Insider Report for Seven Hills Realty Trust (SEVN)

Role: Director, 10%+ Owner
Signature: /s/ Adam D. Portnoy
Issuer symbol: SEVN
Transactions as of: 11 Dec 2025
Transactions value $: $17,436,220
Form type: 4
Filing time: 11 Dec 2025, 16:10:14 UTC
Previous filing: 08 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
PORTNOY ADAM D.	Director, 10%+ Owner	TWO NEWTON PLACE,, 255 WASHINGTON STREET SUITE 300, NEWTON	/s/ Adam D. Portnoy	11 Dec 2025	0001273871

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEVN	Common Shares of Beneficial Interest	Purchase	$17.4M	+2.02M	+78.68%	$8.65	4.58M	11 Dec 2025	See Footnote	F1, F2
holding	SEVN	Common Shares of Beneficial Interest						329K	11 Dec 2025	Direct
holding	SEVN	Common Shares of Beneficial Interest						178K	11 Dec 2025	See Footnote	F3

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

Explanation of Responses:

Id	Content
F1	Tremont Realty Capital LLC ("TRC") purchased 2,015,748 common shares pursuant to the Rights Offering Backstop Agreement, dated October 30, 2025, by and between Seven Hills Realty Trust (the "Company") and TRC, pursuant to which TRC agreed to exercise its pro rata primary subscription right in full and, upon the completion of the Company's rights offering, to purchase the rest of all remaining common shares not otherwise subscribed for in the offering.
F2	4,577,835 common shares are held by 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.
F3	178,488 common shares are held by ABP Trust. 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.