Form 4: Seven Hills Realty Trust CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Fernando Diaz, CFO & Treasurer of Seven Hills Realty Trust, sold 70 common shares to cover tax liabilities related to vesting securities.
Summary
- On October 1, 2024, Fernando Diaz, the CFO & Treasurer of Seven Hills Realty Trust, disposed of 70 common shares of beneficial interest.
- The transaction was executed to cover tax liabilities associated with the vesting of a security issued under Rule 16b-3.
- The shares were sold at a price of $13.605 per share.
- Following the transaction, Diaz directly owns 8,519 common shares of Seven Hills Realty Trust.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations). It doesn't indicate positive or negative sentiment, but rather a neutral event.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction appears to be a standard sale to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of the transaction where 70 common shares were disposed of. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
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