OFFICE PROPERTIES INCOME TRUST — Form SCHEDULE 13D/A

Redwood Capital Management LLC (via Ruben Kliksberg and affiliated entities) executed a Board Observation Rights Agreement dated June 17, 2026, granting one non-voting board observer seat so long as Redwood maintains ≥15% beneficial ownership of OPRT common shares. Concurrently, Redwood Funds sold 365,529 shares across August 6–18, 2026 at weighted average prices $18.80–$19.84 per share, generating ~$6.9M in gross proceeds. The observer has access to all board materials but no voting rights, fiduciary duties, or corporate opportunity rights; the company may exclude the observer from certain meetings (conflict of interest, privilege, confidentiality, competitive harm, fiduciary duties).