RMR Exec VP Christopher J. Bilotto Withholds 3,526 Shares for Taxes

What Happened

• Christopher J. Bilotto, Executive Vice President of RMR Group, had 3,526 shares withheld to satisfy tax withholding associated with the vesting of securities. The withholding is reported as a disposition (code F) at $18.87 per share, totaling approximately $66,536. This was not an open-market sale or a new purchase.

Key Details

• Transaction date and price: 2026-09-17; 3,526 shares @ $18.87 each; total value ≈ $66,536.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3 (i.e., shares were withheld to cover taxes).
• Filing timeliness: Form filed 2026-09-21. Given the 9/17 transaction date, the filing appears timely (within required business-day window).
• Transaction code meaning: F indicates shares withheld to cover tax obligations rather than a market sale.

Context

• Withholding to cover taxes is a routine administrative step when restricted stock or RSUs vest; it reduces the insider’s outstanding shares but is not generally interpreted as a buy/sell signal. This transaction reflects tax withholding, not an indication of insider sentiment or a deliberate sale into the market.