Form 4: RMR Group Executive VP Matthew P. Jordan Reports Stock Transaction
SEC Form 4 Filing
Matthew P. Jordan, Executive VP, CFO, and Treasurer of RMR Group Inc., reports the disposition of 3,279 shares of Class A Common Stock to cover tax liabilities.
Summary
- On September 17, 2024, Matthew P. Jordan, the Executive VP, CFO, and Treasurer of RMR Group Inc., disposed of 3,279 shares of Class A Common Stock.
- The transaction was executed to cover tax liabilities incident to the vesting of a security issued in accordance with Rule 16b-3.
- The price per share was $25.26.
- Following the transaction, Jordan directly owns 48,171 shares of RMR Group Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral. It doesn't indicate a significant positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like Matthew P. Jordan, transact in their company's stock. These filings provide transparency to the market regarding the buying and selling activities of those with privileged information.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of transaction: Matthew P. Jordan disposed of shares to cover tax liabilities. |
| 09/19/2024 | Date of signature on the Form 4 filing. |
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