# EDGAR Filing Document

**Accession Number:** 0001644378
**File Stem:** 0001104659-23-003822
**Filing Date:** 2023-1
**Character Count:** 16421
**Document Hash:** 944cc8d4c80dae740a6f28063cc1d885
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-003822.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 0001104659-23-003822

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230113

**GROUP MEMBERS**: ADAM D. PORTNOY

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RMR GROUP INC.
- **CENTRAL INDEX KEY:** 0001644378
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MANAGEMENT CONSULTING SERVICES [8742]
- **IRS NUMBER:** 474122583
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-89313
- **FILM NUMBER:** 23528921

**BUSINESS ADDRESS:**
- **STREET 1:** TWO NEWTON PL., 255 WASH. ST., STE. 300
- **CITY:** NEWTON
- **STATE:** MA
- **ZIP:** 02458
- **BUSINESS PHONE:** (617) 796-8320

**MAIL ADDRESS:**
- **STREET 1:** TWO NEWTON PL., 255 WASH. ST., STE. 300
- **CITY:** NEWTON
- **STATE:** MA
- **ZIP:** 02458

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RMR Group Inc.
- **DATE OF NAME CHANGE:** 20150910

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Reit Management & Research Inc.
- **DATE OF NAME CHANGE:** 20150608
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ABP Trust
- **CENTRAL INDEX KEY:** 0001613450
- **IRS NUMBER:** 043402206
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** TWO NEWTON PLACE
- **STREET 2:** 255 WASHINGTON STREET, SUITE 300
- **CITY:** NEWTON
- **STATE:** MA
- **ZIP:** 02458
- **BUSINESS PHONE:** 617-796-8390

**MAIL ADDRESS:**
- **STREET 1:** TWO NEWTON PLACE
- **STREET 2:** 255 WASHINGTON STREET, SUITE 300
- **CITY:** NEWTON
- **STATE:** MA
- **ZIP:** 02458

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ABT Trust
- **DATE OF NAME CHANGE:** 20160121

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Reit Management & Research Trust
- **DATE OF NAME CHANGE:** 20140711

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G/A**

**Under the Securities Exchange Act of 1934**

(Amendment No. 7)\*

---

| |
|:---|
| THE RMR GROUP INC. |
| (Name of Issuer) |
| CLASS A COMMON STOCK, $0.001 par value |
| (Title of Class of Securities) |
| 74967R 106 |
| (CUSIP Number) |
| December 31, 2022 |
| (Date of Event Which Requires Filing of this Statement) |

---

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

◻ Rule 13d-1(b) <br> ◻ Rule 13d-1(c) <br> ⌧ Rule 13d-1(d)

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

**SCHEDULE 13G**

CUSIP NO. 74967R 106 Page 2 of 9 Pages

---

| | | |
|:---|:---|:---|
| 1 | NAMES OF REPORTING PERSONS<br>**ABP Trust**  | NAMES OF REPORTING PERSONS<br>**ABP Trust**  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (*See* Instructions)<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) ◻<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ◻ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (*See* Instructions)<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) ◻<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ◻ |
| 3 | SEC USE ONLY | SEC USE ONLY |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>**Maryland** | CITIZENSHIP OR PLACE OF ORGANIZATION<br>**Maryland** |
| **NUMBER OF**<br> **SHARES**<br> **BENEFICIALLY**<br> **OWNED BY**<br> **EACH**<br> **REPORTING**<br> **PERSON**<br> **WITH** | 5 | SOLE VOTING POWER<br>**0** |
| **NUMBER OF**<br> **SHARES**<br> **BENEFICIALLY**<br> **OWNED BY**<br> **EACH**<br> **REPORTING**<br> **PERSON**<br> **WITH** | 6 | SHARED VOTING POWER<br>**1,090,564** |
| **NUMBER OF**<br> **SHARES**<br> **BENEFICIALLY**<br> **OWNED BY**<br> **EACH**<br> **REPORTING**<br> **PERSON**<br> **WITH** | 7 | SOLE DISPOSITIVE POWER<br>**0** |
| **NUMBER OF**<br> **SHARES**<br> **BENEFICIALLY**<br> **OWNED BY**<br> **EACH**<br> **REPORTING**<br> **PERSON**<br> **WITH** | 8 | SHARED DISPOSITIVE POWER<br>**1,090,564** |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>**1,090,564** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>**1,090,564** |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ⌧<br> (*See* Instructions) | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ⌧<br> (*See* Instructions) |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>**6.6%** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>**6.6%** |
| 12<br>| TYPE OF REPORTING PERSON (*See* Instructions)<br>**OO** | TYPE OF REPORTING PERSON (*See* Instructions)<br>**OO** |

---

**SCHEDULE 13G**

CUSIP NO. 74967R 106 Page 3 of 9 Pages

---

| | | |
|:---|:---|:---|
| 1 | NAMES OF REPORTING PERSONS<br>**Adam D. Portnoy** | NAMES OF REPORTING PERSONS<br>**Adam D. Portnoy** |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (*See* Instructions)<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) ◻<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ◻ | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (*See* Instructions)<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) ◻<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ◻ |
| 3 | SEC USE ONLY | SEC USE ONLY |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>**United States** | CITIZENSHIP OR PLACE OF ORGANIZATION<br>**United States** |
| **NUMBER OF**<br> **SHARES**<br> **BENEFICIALLY**<br> **OWNED BY**<br> **EACH**<br> **REPORTING**<br> **PERSON**<br> **WITH** | 5 | SOLE VOTING POWER<br>**94,938** |
| **NUMBER OF**<br> **SHARES**<br> **BENEFICIALLY**<br> **OWNED BY**<br> **EACH**<br> **REPORTING**<br> **PERSON**<br> **WITH** | 6 | SHARED VOTING POWER<br>**1,090,564** |
| **NUMBER OF**<br> **SHARES**<br> **BENEFICIALLY**<br> **OWNED BY**<br> **EACH**<br> **REPORTING**<br> **PERSON**<br> **WITH** | 7 | SOLE DISPOSITIVE POWER<br>**94,938** |
| **NUMBER OF**<br> **SHARES**<br> **BENEFICIALLY**<br> **OWNED BY**<br> **EACH**<br> **REPORTING**<br> **PERSON**<br> **WITH** | 8 | SHARED DISPOSITIVE POWER<br>**1,090,564** |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>**1,185,502** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>**1,185,502** |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ⌧<br> (*See* Instructions) | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ⌧<br> (*See* Instructions) |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>**7.1%** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>**7.1%** |
| 12<br>| TYPE OF REPORTING PERSON (*See* Instructions)<br>**IN** | TYPE OF REPORTING PERSON (*See* Instructions)<br>**IN** |

---

**SCHEDULE 13G**

CUSIP NO. 74967R 106 Page 4 of 9 Pages

---

| | |
|:---|:---|
| **Item 1(a).** | **name of Issuer:** |

---

The RMR Group Inc. (the "Issuer").

---

| | |
|:---|:---|
| **Item 1(B).** | **ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:** |

---

Two Newton Place<br> 255 Washington Street<br> Suite 300<br> Newton, Massachusetts 02458-1634

---

| | |
|:---|:---|
| **Item 2(a).** | **NAME OF PERSON FILING:** |

---

This Schedule 13G/A is being filed jointly by ABP Trust and Adam D. Portnoy (collectively, the "Reporting Persons").

---

| | |
|:---|:---|
| **Item 2(b).** | **address or principal business office or, if none, residence:** |

---

The principal business office of each Reporting Person is Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts 02458.

---

| | |
|:---|:---|
| **Item 2(c).** | **CITIZENSHIP:** |

---

ABP Trust is a Maryland statutory trust. Adam D. Portnoy is a United States citizen.

---

| | |
|:---|:---|
| **Item 2(d).** | **TITLE OF CLASS OF SECURITIES:** |

---

The class of securities to which this Schedule 13G/A relates is the shares of Class A Common Stock, par value $0.001 per share, of the Issuer (the "Class A Common Shares").

---

| | |
|:---|:---|
| **Item 2(E).** | **CUSIP No.:** |

---

The CUSIP number for the Class A Common Shares is 74967R 106.

**Item 3.** **If this statement is filed pursuant to Rule 13d-1(B), or Rule 13d-2(b) or (c), check whether the person filing is a:**

(a) ◻ Broker or dealer
 registered under Section 15 of the Act;

(b) ◻ Bank as defined in Section
 3(a)(6) of the Act;

(c) ◻ Insurance company as defined
 in Section 3(a)(19) of the Act;

(d) ◻ Investment company registered
 under Section 8 of the Investment Company Act of 1940;

(e) ◻ An investment adviser in accordance
 with §240.13d-1(b)(1)(ii)(E);

**SCHEDULE 13G**

CUSIP NO. 74967R 106 Page 5 of 9 Pages

(f) ◻ An employee benefit
 plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g) ◻ A parent holding company or
 control person in accordance with Rule 13d-1(b)(ii)(G);

(h) ◻ A savings association as defined
 in Section 3(b) of the Federal Deposit Insurance Act;

(i) ◻ A church plan that is excluded
 from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940;

(j) ◻ A non-U.S. institution in accordance
 with §240.13d-1(b)(1)(ii)(J); or

(k) ◻ Group, in accordance with §240.13d-1(b)(1)(ii)(K).

**Item 4.** **OWNERSHIP.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Amount
 beneficially owned:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) ABP
 Trust is the direct record and beneficial owner of 90,564 Class A Common Shares and 1,000,000
 shares of Class B-1 Common Stock of the Company (the "Class B-1 Common Shares").
 Each Class B-1 Common Share is convertible at ABP Trust's option into one Class A Common
 Share. The number of Class A Common Shares beneficially owned by ABP Trust is 1,090,564.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Voting
 and investment power with respect to the Shares owned by ABP Trust may be deemed to be held
 by Adam D. Portnoy as the president and chief executive officer, a beneficial owner and the
 sole trustee of ABP Trust. Adam D. Portnoy is the direct record and beneficial owner of 94,938
 Class A Common Shares. The number of Class A Common Shares beneficially owned by Adam D.
 Portnoy is 1,185,502.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Percent
 of class:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The
 1,090,564 Class A Common Shares beneficially owned by ABP Trust represent approximately 6.6%
 of the Class A Common Shares outstanding as of December 31, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The
 1,185,502 Class A Common Shares beneficially owned by Adam D. Portnoy represent approximately
 7.1% of the Class A Common Shares outstanding as of December 31, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Number of Shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Sole power to vote or direct the vote:

ABP Trust: 0 <br>Adam D. Portnoy: 94,938

**SCHEDULE 13G**

CUSIP NO. 74967R 106 Page 6 of 9 Pages

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Shared
 power to vote or direct the vote:

ABP Trust: 1,090,564 <br>Adam D. Portnoy: 1,090,564

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sole
 power to dispose or to direct the disposition of:

ABP Trust: 0 <br>Adam D. Portnoy: 94,938

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Shared
 power to dispose or to direct the disposition of:

ABP Trust: 1,090,564 <br>Adam D. Portnoy: 1,090,564

The numbers and percentages of Class A Common Shares reported as beneficially owned in this Schedule 13G/A:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) are based on 15,604,980 Class A Common Shares outstanding as of December
 31, 2022;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) include and are diluted for the 1,000,000 Class A Common Shares issuable
 upon the conversion of the 1,000,000 Class B-1 Common Shares outstanding as of December 31,
 2022. All of these Class B-1 Common Shares are owned of record and beneficially by ABP Trust
 and beneficially owned by Adam D. Portnoy; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) exclude
 and are not diluted for the 15,000,000 Class A Common Shares which may be issued upon redemption
 of the 15,000,000 class A membership units of The RMR Group LLC, a Maryland limited
 liability company, of which the Issuer is the managing member ("RMR LLC"). The
 Issuer may elect, at its option, to pay cash in lieu of Class A Common Shares for all or
 any redeemed RMR LLC class A membership units. These 15,000,000 RMR LLC class A membership
 units are owned of record and beneficially by a wholly owned subsidiary of ABP Trust and
 beneficially owned by ABP Trust and Adam D. Portnoy. These 15,000,000 RMR LLC class A membership
 units are paired with an equal number of shares of the Class B-2 Common Stock of the Issuer
 ("Class B-2 Common Shares", and together with the Class B-1 Common Shares and
 the Class A Common Shares, the "Shares").

**SCHEDULE 13G**

CUSIP NO. 74967R 106 Page 7 of 9 Pages

Each Class A Common Share is entitled to one vote, each Class B-1 Common Share is entitled to ten votes and each Class B-2 Common Share is entitled to ten votes. As of December 31, 2022, ABP Trust and Adam D. Portnoy together held Shares representing 91.2% of the combined voting power of the outstanding Shares.

**Item 5.** **Ownership of Five Percent or Less of a Class.**

Not applicable.

**Item 6.** **Ownership of More than Five Percent on Behalf of Another Person.**

Not applicable.

**Item 7.** **Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.**

Not applicable.

**Item 8.** **Identification and Classification of Members of the Group.**

Not applicable.

**Item 9.** **Notice of Dissolution of Group.**

Not applicable.

**Item 10.** **Certifications.**

Not applicable.

**SIGNATURES**

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| |
|:---|
| January 13, 2023 |
| (Date) |
| ABP TRUST |
| /s/ Adam D. Portnoy |
| (Signature) |
| Adam D. Portnoy, President |
| (Name/Title) |
| ADAM D. PORTNOY |
| /s/ Adam D. Portnoy |
| (Signature) |

---

*Attention.* Intentional misstatements or omissions of fact constitute Federal criminal violations (s*ee* 18 U.S.C. 1001).

EXHIBIT INDEX

---

| | |
|:---|:---|
| Exhibit<br> No. | Description |
| [99.1](https://www.sec.gov/Archives/edgar/data/1613450/000110465920005982/a20-5548_1ex99d1.htm) | [A Joint Filing Agreement, dated as of January 22, 2020, by and between ABP Trust and Adam D. Portnoy, was previously filed with the Securities and Exchange Commission and is incorporated herein by reference to Exhibit 99.1 to the Schedule 13G/A filed by ABP Trust and Adam D. Portnoy on January 22, 2020.](https://www.sec.gov/Archives/edgar/data/1613450/000110465920005982/a20-5548_1ex99d1.htm) |

---