Key facts
- This page summarizes Adam D. Portnoy's Form 4 filing for Seven Hills Realty Trust (SEVN).
- 6 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 08 Dec 2025, 21:07.
Adam D. Portnoy - 04 Dec 2025 Form 4 Insider Report for Seven Hills Realty Trust (SEVN)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- SEVN
- Reported as of
- 04 Dec 2025
- Net transaction value
- +$8,839,989
- SEC form
- 4
- Accepted by SEC
- 08 Dec 2025, 21:07:24 UTC
- Prior SEC filing
- 18 Sep 2025
- Next SEC filing
- 11 Dec 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Adam D. Portnoy
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Adam D. Portnoy filed Form 4 for Seven Hills Realty Trust (SEVN) on 08 Dec 2025.
Change
- Previous filing in this sequence was filed on 18 Sep 2025.
- Current net transaction value: +$8,839,989.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001273871
Primary reporting owner
PORTNOY ADAM D.
- Relationship
- Director, 10%+ Owner
- Address
- TWO NEWTON PLACE,, 255 WASHINGTON STREET SUITE 300, NEWTON
- Signature
- /s/ Adam D. Portnoy
- Signature date
- 08 Dec 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SEVN
transaction
Common Shares of Beneficial Interest
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $948,637
- Shares
- +109,669
- Change %
- +50%
- Price
- $8.65
- Shares after
- 329,009
- Date
- 04 Dec 2025
- Ownership
- Direct
- Footnotes
- F1
SEVN
transaction
Common Shares of Beneficial Interest
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $504,001
- Shares
- +58,266
- Change %
- +48%
- Price
- $8.65
- Shares after
- 178,488
- Date
- 04 Dec 2025
- Ownership
- See Footnote
- Footnotes
- F1, F2
SEVN
transaction
Common Shares of Beneficial Interest
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $7,387,351
- Shares
- +854,029
- Change %
- +50%
- Price
- $8.65
- Shares after
- 2,562,087
- Date
- 04 Dec 2025
- Ownership
- See Footnote
- Footnotes
- F1, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SEVN
transaction
Derivative
Subscription Right (Right to Buy)
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $0
- Shares
- -219,340
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 04 Dec 2025
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 109,669
- Exercise price
- $8.65
- Footnotes
- F1
SEVN
transaction
Derivative
Subscription Right (Right to Buy)
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $0
- Shares
- -116,531
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 04 Dec 2025
- Ownership
- See Footnote
- Underlying class
- Common Shares
- Underlying amount
- 58,266
- Exercise price
- $8.65
- Footnotes
- F1, F2
SEVN
transaction
Derivative
Subscription Right (Right to Buy)
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $0
- Shares
- -1,708,058
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 04 Dec 2025
- Ownership
- See Footnote
- Underlying class
- Common Shares
- Underlying amount
- 854,029
- Exercise price
- $8.65
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
On October 30, 2025, Seven Hills Realty Trust (the "Company") announced the terms of a pro rata offering of transferable subscription rights (the "Rights") to holders of the Company's common shares as of the record date of November 10, 2025 ("Record Date Shareholders"), entitling the holders of such Rights to subscribe for up to an aggregate of 7,532,861 of the Company's common shares (the "Rights Offering"). Record Date Shareholders received one Right for each outstanding common share they owned on the record date. The Rights entitled the Record Date Shareholders to purchase one new common share for every two Rights held. The Rights Offering expired on December 4, 2025.
Footnote F2
178,488 common shares are held by ABP Trust, which includes common shares acquired under a dividend reinvestment plan. 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.
Footnote F3
2,562,087 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.