RMR Group (RMR) Exec Jeffrey Leer Withholds 2,654 Shares for Taxes

What Happened
Jeffrey C. Leer, Executive Vice President of The RMR Group LLC, had 2,654 RMR shares withheld to pay tax liabilities related to vesting. The shares were valued at $18.87 each for a total of $50,081. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-17; Filing date (Form 4): 2026-09-21 (appears timely).
• Price per share: $18.87; Shares withheld/disposed: 2,654; Total value ≈ $50,081.
• Transaction type/code: F — payment of tax liability by withholding securities incident to vesting (see footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: F1 indicates the withholding was done to satisfy tax obligations related to vested securities under Rule 16b-3.

Context
Withholding shares to cover taxes on vested awards is a routine administrative action (a cashless tax withholding) and is generally not interpreted as a deliberate decision to sell stock for investment reasons. This form of disposition reduces the insider’s outstanding vested shares by the withheld amount but does not necessarily signal a change in sentiment about the company.