Form 4: Seven Hills Realty Trust CFO Fernando Diaz Reports Tax Liability Transaction
SEC Form 4 Filing
CFO & Treasurer of Seven Hills Realty Trust, Fernando Diaz, reports a transaction involving the withholding of common shares to cover tax liability.
Summary
- On September 17, 2024, Fernando Diaz, CFO & Treasurer of Seven Hills Realty Trust, reported a transaction on Form 4.
- The transaction involved the withholding of 351 common shares of beneficial interest to cover tax liability.
- The price per share was $13.83.
- Following the transaction, Diaz directly owns 8,589 common shares of beneficial interest.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to tax obligations, which is neutral in sentiment. The CFO is fulfilling their reporting obligations.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of transaction: withholding of shares for tax liability. |
| 09/19/2024 | Date of signature on the Form 4 filing. |
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