Seven Hills (SEVN) CFO Matthew Brown Withholds 2,624 Shares for Taxes

What Happened
Matthew C. Brown, Chief Financial Officer and Treasurer of Seven Hills Realty Trust (SEVN), had 2,624 shares withheld to satisfy a tax liability associated with the vesting of awarded securities. The shares were withheld at $7.40 per share, resulting in a disposition value of $19,418. This was a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-17; filing date: 2026-09-18 (filed one day after the transaction).
• Shares withheld/disposed: 2,624 at $7.40 each; total value $19,418.
• Transaction code: F (payment of tax liability by withholding securities). Footnote F1: withholding incident to vesting under Rule 16b-3.
• Shares owned after the transaction: not specified in the provided filing.
• Timeliness: filing appears timely (reported the next day); this is a routine tax withholding, not an open-market buy or sell order.

Context
Withholding shares to cover taxes is a common administrative transaction when restricted stock or other awards vest. It is treated as a disposition for reporting purposes but typically reflects tax settlement rather than a change in the insider’s view of the company.