Office Properties (OPI) 10% Owner Redwood Capital Sells 6,855 Shares

What Happened
Redwood Capital Management (part of a group of reporting persons that together hold a ≥10% position) sold a total of 6,855 shares of Office Properties Income Trust (OPI) in open-market transactions between August 11 and August 13, 2026. The sales were reported as: 2,413 shares at $19.00 ($45,847) on Aug 11; 2,616 shares at $19.04 ($49,799) on Aug 12; and 1,826 shares at $19.00 ($34,701) on Aug 13, for aggregate proceeds of approximately $130,347. These are sales (code S), not purchases.

Key Details

• Transaction dates and reported prices:
  • 2026-08-11: 2,413 shares @ $19.00 — $45,847 (weighted average per footnote)
  • 2026-08-12: 2,616 shares @ $19.04 — $49,799
  • 2026-08-13: 1,826 shares @ $19.00 — $34,701
• Total sold: 6,855 shares for ~$130,347.
• Prices are reported as weighted averages; footnotes indicate the sales occurred in multiple transactions with prices ranging roughly $19.00–$19.17. The filers offer to provide details on individual trade prices upon request.
• Reporting persons: Redwood Capital Management, Redwood Capital Management Holdings, Double Twins K, LLC, and Ruben Kliksberg filed jointly; the securities are directly held by funds managed by Redwood Capital. The group may be deemed beneficial owners under Rule 16a‑1(a), though they disclaim direct beneficial ownership except for any pecuniary interest.
• Shares owned after the transactions are not specified in the provided excerpt—see the full Form 4 for post‑transaction holdings.
• Filing: Form 4 filed Aug 13, 2026 covering transactions from Aug 11–13; appears timely based on the filing date.

Context
This filing reflects institutional fund selling by a manager of Redwood-managed funds rather than an individual corporate insider executing a personal trade. Such sales can reflect portfolio rebalancing or liquidity needs and do not, by themselves, indicate company performance or insider sentiment. For a full picture, retail investors should check Redwood’s remaining position in the full Form 4 and monitor other insider activity and company fundamentals.