OPI 10% Owner Redwood Capital Sells 196,420 Shares

What Happened Redwood Capital Management (reported as a 10% owner and filing jointly with related entities) sold a total of 196,420 shares of Office Properties Income Trust (OPI) in open-market transactions. The sales occurred on Aug 17, 2026 (20,686 shares) and Aug 18, 2026 (175,734 shares) at a reported weighted average price of $19.03, generating roughly $3,738,212 in proceeds. The Form 4 was filed on Aug 19, 2026.

Key Details

• Transaction dates and sizes: Aug 17, 2026 — 20,686 shares; Aug 18, 2026 — 175,734 shares.
• Reported price: weighted average $19.03; filing notes trades ranged $19.00–$19.20 and $19.00–$19.30 across multiple executions.
• Total proceeds: approximately $3,738,212.
• Holder status: Redwood Capital Management is a 10% owner filing jointly with affiliated entities; the shares are held directly by funds managed by Redwood. The filing disclaims beneficial ownership beyond pecuniary interest.
• Filing timeliness: Form 4 filed Aug 19, 2026 — appears timely relative to the Aug 17–18 transactions.
• Post-transaction holdings: not specified in the data provided in this summary (refer to the full Form 4 for exact holdings after the sales).

Context This is institutional selling by a large fund-manager (10% owner) rather than an individual company executive. Sales by institutional holders are often portfolio or rebalancing actions; the filing is factual and does not indicate the manager’s motive. Footnotes note the price is a weighted average across multiple trades and that the reporting persons can supply per-trade detail to the issuer, security holders, or the SEC upon request.