Adam D. Portnoy

CIK 1273871 · View on SEC EDGAR ↗

Insider Activist

First SEC filing: Dec. 8, 2025 · Latest: June 10, 2026

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Insider at

Insider transactions

2 buys (P) 0 sells (S) Net: $67,436,219 + 85 non-open-market transactions below Avg return of open purchases vs now: -42.1% last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

85 other filings hidden
Date Ticker Code Shares Price Value Owned after Δ own A/D vs now
April 2, 2026 SVC P 41,666,666 $1.20 $49,999,999 41,666,666 Indirect — Acquired -73.4% (price as of 2026-08-21)
Dec. 11, 2025 SEVN P 2,015,748 $8.65 $17,436,220 4,577,835 Indirect +78.68% Acquired -10.8% (price as of 2026-08-21)
June 14, 2023 DHCNL P 2,000,000 $3.07 $6,140,000 23,250,019 Indirect +9.41% Acquired 511.7% (price as of 2026-08-21)
June 13, 2023 DHCNL P 1,992,259 $3.03 $6,036,545 21,250,019 Indirect +10.35% Acquired 519.8% (price as of 2026-08-21)
June 12, 2023 DHCNL P 2,011,256 $2.87 $5,772,305 19,257,760 Indirect +11.66% Acquired 554.4% (price as of 2026-08-21)
June 9, 2023 DHCNL P 1,905,200 $2.59 $4,934,468 17,246,504 Indirect +12.42% Acquired 625.1% (price as of 2026-08-21)
June 8, 2023 DHCNL P 1,690,000 $2.46 $4,157,400 15,341,304 Indirect +12.38% Acquired 663.4% (price as of 2026-08-21)
June 7, 2023 DHCNL P 2,400,000 $2.34 $5,616,000 13,651,304 Indirect +21.33% Acquired 702.6% (price as of 2026-08-21)
June 6, 2023 DHCNL P 1,603,082 $1.87 $2,997,763 11,251,304 Indirect +16.62% Acquired 904.3% (price as of 2026-08-21)
June 5, 2023 DHCNL P 2,318,081 $1.75 $4,056,642 9,648,222 Indirect +31.62% Acquired 973.1% (price as of 2026-08-21)
June 2, 2023 DHCNL P 1,625,481 $1.69 $2,747,063 7,330,141 Indirect +28.49% Acquired 1011.2% (price as of 2026-08-21)
June 1, 2023 DHCNL P 1,454,388 $1.47 $2,137,950 5,704,660 Indirect +34.22% Acquired 1177.6% (price as of 2026-08-21)
May 31, 2023 DHCNL P 1,065,000 $1.35 $1,437,750 4,250,272 Indirect +33.44% Acquired 1291.1% (price as of 2026-08-21)
May 30, 2023 DHCNL P 635,253 $1.21 $768,656 3,185,272 Indirect +24.91% Acquired 1452.1% (price as of 2026-08-21)
May 11, 2022 SEVN P 882,407 $9469109.52 $8,355,608,524,215 1,786,937 Indirect +97.55% Acquired -100.0% (price as of 2026-08-21)

Showing latest 100 of 183 transactions

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date Ticker Security Underlying Exercise price Expiration Shares A/D
Dec. 4, 2025 SEVN Subscription Right (Right to Buy) Common Shares $8.65 Dec. 4, 2025 1,708,058 Disposed
Dec. 4, 2025 SEVN Subscription Right (Right to Buy) Common Shares $8.65 Dec. 4, 2025 116,531 Disposed
Dec. 4, 2025 SEVN Subscription Right (Right to Buy) Common Shares $8.65 Dec. 4, 2025 219,340 Disposed
Sept. 25, 2017 SEVN Oversubscription Privilege (contingent right to buy) Common Stock (18,546) — Sept. 19, 2017 18,546 Disposed
Sept. 25, 2017 SEVN Oversubscription Privilege (contingent right to buy) Common Stock (6,682) — Sept. 19, 2017 6,682 Disposed
Sept. 14, 2017 SEVN Transferable Subscription Right (right to buy) [F1,F2] Common Stock (12,960) — Sept. 19, 2017 38,880 Disposed
Sept. 14, 2017 SEVN Transferable Subscription Right (right to buy) [F1,F2] Common Stock (35,978) — Sept. 19, 2017 107,934 Disposed

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 8 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date Ticker Security Shares Ownership
Nov. 16, 2015 RMR Class B-1 Common Stock of Issuer, par value $0.001 per share→ Class A Common Stock of Issuer, par value $0.001 per share — Indirect
Nov. 16, 2015 RMR Class A Membership Units of The RMR Group LLC→ Class A Common Stock of Issuer, par value $0.001 per share — Indirect
June 2, 2015 SVC Common Shares of Beneficial Interest 135,499 Direct
June 2, 2015 SVC Common Shares of Beneficial Interest 77,300 Indirect
June 17, 2009 SEVN Common Shares of Beneficial Interest 5,000 Indirect
May 30, 2007 DHCNL Common Shares of Beneficial Interest 24,978 Direct
May 30, 2007 DHCNL Common Shares of Beneficial Interest 39,019 Indirect
Jan. 12, 2007 SVC Common Shares of Beneficial Interest 6,600 Direct

Compensation (DEF 14A)

Matched by name from proxy statements (DEF 14A) — verify against the filing.

RMR

President & CEO
Fiscal year Salary Bonus Stock awards Option awards Non-equity incentive Pension change Other Total
2024 $375,000 $2,880,000 $1,609,936 — — — $51,960 $4,916,896
2023 $375,000 $3,200,000 $590,910 — — — $46,760 $4,212,670
2022 $375,000 $2,900,000 $830,110 — — — $43,484 $4,148,594

Figures from the Summary Compensation Table of the company's proxy statement (DEF 14A). Compensation is not a recommendation.