RMR GROUP INC., DEF 14A filed on 1/15/2026
Proxy Statement (definitive)
v3.25.4
Cover
 12 Months Ended
Sep. 30, 2025
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name The RMR Group Inc.
Entity Central Index Key 0001644378
v3.25.4
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance
​
The following table and footnotes summarize the total compensation we paid to our Named Executive Officers (our “NEOs”), compensation “actually paid” to the NEOs (calculated in accordance with SEC rules), the cumulative total shareholder return of the Company, the peer group total shareholder return and our net income for the past five fiscal years. We do not use any financial performance measures to link compensation actually paid to our NEOs by us to the Company’s performance. Accordingly, pursuant to the SEC rules, we have not included a “company selected measure” or the tabular list of performance measures. For more information about the compensation we pay to our NEOs, please see “Compensation Discussion and Analysis” above.
Pay Versus Performance
​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Value of Initial Fixed $100
Investment Based on:
​ ​ ​ ​
Year
​ ​
Summary
Compensation
Table Total for
Principal
Executive Officer
(“PEO”)
​ ​
Compensation
Actually Paid to
PEO(1)
​ ​
Average
Summary
Compensation
Table Total for
Non-PEO NEOs
​ ​
Average
Compensation
Actually Paid to
Non-PEOs
NEOs(2)(3)
​ ​
Total
Shareholder
Return
​ ​
Peer Group
Total
Shareholder
Return*
​ ​
Net Income
($000s)
​
2025
​ ​
$4,817,045
​ ​
$4,393,625
​ ​
$2,650,924
​ ​
$2,377,476
​ ​
$93.92
​ ​
$249.97
​ ​
$38,679
​
2024
​ ​
4,916,896
​ ​
5,002,711
​ ​
2,951,967
​ ​
3,030,790
​ ​
137.33
​ ​
203.42
​ ​
53,129
​
2023
​ ​
4,212,670
​ ​
4,232,826
​ ​
3,796,120
​ ​
5,540,535
​ ​
123.65
​ ​
125.50
​ ​
127,771
​
2022
​ ​
4,148,594
​ ​
3,950,171
​ ​
4,070,946
​ ​
3,201,628
​ ​
112.28
​ ​
125.39
​ ​
77,468
​
2021
​ ​
4,274,081
​ ​
4,415,059
​ ​
3,678,973
​ ​
4,286,164
​ ​
150.68
​ ​
162.57
​ ​
81,013
​
​
*
For fiscal 2025, peer group total shareholder return is based on a self-constructed peer group composed of the following alternative asset management companies: Brookfield Corporation, Cohen & Steers Inc., Kennedy-Wilson Holdings Inc. and RITHM Capital Corp. As of September 2, 2025, Bridge Investment Group Holdings, Inc. is no longer publicly traded and, as a result, it was not included in calculation of the peer group total shareholder return.
​
(1)
The following table summarizes the applicable deductions and additions for the PEO in the calculation of Compensation Actually Paid to the PEO.
​
PEO Compensation Actually Paid​
​
Year
​ ​
PEO Name
​ ​
Total
Compensation
Per Summary
Compensation
Table
​ ​
Stock
Grant
Amount
​ ​
Year End
Fair Value
of Equity
Awards
Granted
and
Unvested
During
Applicable
Year
​ ​
Change in
Fair Value
as of Year
End of Any
Prior Year
Awards
that
Remain
Unvested as
of Year End
​ ​
Awards
Granted
and
Vested in
the Same
Year, at Fair
Value as of
the Vesting
Date
​ ​
Change in
Fair Value
as of Year
End of Any
Prior Year
Awards that
Vested
During
Applicable
Year
​ ​
Total Equity
Value
Reflected
in
Compensation
Actually Paid
​ ​
Compensation
Actually
Paid to
PEO
​
2025
​ ​
Adam Portnoy
​ ​
$4,817,045
​ ​
$(2,079,971)
​ ​
$1,247,177
​ ​
(260,677)
​ ​
$779,997
​ ​
$(109,946)
​ ​
$1,656,551
​ ​
$4,393,625
​
​
(2)
The non-PEO NEOs in 2021, 2022 and 2023 are Jennifer B. Clark, Matthew P. Jordan, Jennifer F. Francis, John G. Murray and Jonathan M. Pertchik. The non-PEO NEOs in 2024 are Jennifer B. Clark, Matthew P. Jordan, John G. Murray, Christopher J. Bilotto and Jennifer F. Francis. The non-PEO NEOs in 2025 are Jennifer B. Clark, Matthew P. Jordan, John G. Murray, Christopher J. Bilotto and Jeffrey Leer.
​
(3)
The following table summarizes the applicable deductions and additions in the calculation of average Compensation Actually Paid to Non-PEO NEOs.
​
Average Non-PEO NEOs—Compensation Actually Paid​
​
Year
​ ​
Total
Compensation
Per Summary
Compensation
Table
​ ​
Stock
Grant
Amount
​ ​
Year End
Fair Value
of Equity
Awards
Granted
and
Unvested
During
Applicable
Year
​ ​
Change in
Fair Value
as of Year
End of Any
Prior Year
Awards
that
Remain
Unvested as
of Year End
​ ​
Awards
Granted
and
Vested in
the Same
Year, at Fair
Value as of
the Vesting
Date
​ ​
Change in
Fair Value
as of Year
End of Any
Prior Year
Awards that
Vested
During
Applicable
Year
​ ​
Total Equity
Value
Reflected
in
Compensation
Actually Paid
​ ​
Compensation
Actually
Paid to
Non-PEO
NEOs
​
2025
​ ​
$2,650,924
​ ​
$(1,049,974)
​ ​
$730,169
​ ​
$(177,191)
​ ​
$297,213
​ ​
$(73,664)
​ ​
$776,527
​ ​
$2,377,476
​
       
Named Executive Officers, Footnote
(2)
The non-PEO NEOs in 2021, 2022 and 2023 are Jennifer B. Clark, Matthew P. Jordan, Jennifer F. Francis, John G. Murray and Jonathan M. Pertchik. The non-PEO NEOs in 2024 are Jennifer B. Clark, Matthew P. Jordan, John G. Murray, Christopher J. Bilotto and Jennifer F. Francis. 		       
Peer Group Issuers, Footnote
*
For fiscal 2025, peer group total shareholder return is based on a self-constructed peer group composed of the following alternative asset management companies: Brookfield Corporation, Cohen & Steers Inc., Kennedy-Wilson Holdings Inc. and RITHM Capital Corp. As of September 2, 2025, Bridge Investment Group Holdings, Inc. is no longer publicly traded and, as a result, it was not included in calculation of the peer group total shareholder return.
       
PEO Total Compensation Amount $ 4,817,045 $ 4,916,896 $ 4,212,670 $ 4,148,594 $ 4,274,081
PEO Actually Paid Compensation Amount $ 4,393,625 5,002,711 4,232,826 3,950,171 4,415,059
Adjustment To PEO Compensation, Footnote
(1)
The following table summarizes the applicable deductions and additions for the PEO in the calculation of Compensation Actually Paid to the PEO.
​
PEO Compensation Actually Paid​
​
Year
​ ​
PEO Name
​ ​
Total
Compensation
Per Summary
Compensation
Table
​ ​
Stock
Grant
Amount
​ ​
Year End
Fair Value
of Equity
Awards
Granted
and
Unvested
During
Applicable
Year
​ ​
Change in
Fair Value
as of Year
End of Any
Prior Year
Awards
that
Remain
Unvested as
of Year End
​ ​
Awards
Granted
and
Vested in
the Same
Year, at Fair
Value as of
the Vesting
Date
​ ​
Change in
Fair Value
as of Year
End of Any
Prior Year
Awards that
Vested
During
Applicable
Year
​ ​
Total Equity
Value
Reflected
in
Compensation
Actually Paid
​ ​
Compensation
Actually
Paid to
PEO
​
2025
​ ​
Adam Portnoy
​ ​
$4,817,045
​ ​
$(2,079,971)
​ ​
$1,247,177
​ ​
(260,677)
​ ​
$779,997
​ ​
$(109,946)
​ ​
$1,656,551
​ ​
$4,393,625
​
       
Non-PEO NEO Average Total Compensation Amount $ 2,650,924 2,951,967 3,796,120 4,070,946 3,678,973
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,377,476 3,030,790 5,540,535 3,201,628 4,286,164
Adjustment to Non-PEO NEO Compensation Footnote
(3)
The following table summarizes the applicable deductions and additions in the calculation of average Compensation Actually Paid to Non-PEO NEOs.
​
Average Non-PEO NEOs—Compensation Actually Paid​
​
Year
​ ​
Total
Compensation
Per Summary
Compensation
Table
​ ​
Stock
Grant
Amount
​ ​
Year End
Fair Value
of Equity
Awards
Granted
and
Unvested
During
Applicable
Year
​ ​
Change in
Fair Value
as of Year
End of Any
Prior Year
Awards
that
Remain
Unvested as
of Year End
​ ​
Awards
Granted
and
Vested in
the Same
Year, at Fair
Value as of
the Vesting
Date
​ ​
Change in
Fair Value
as of Year
End of Any
Prior Year
Awards that
Vested
During
Applicable
Year
​ ​
Total Equity
Value
Reflected
in
Compensation
Actually Paid
​ ​
Compensation
Actually
Paid to
Non-PEO
NEOs
​
2025
​ ​
$2,650,924
​ ​
$(1,049,974)
​ ​
$730,169
​ ​
$(177,191)
​ ​
$297,213
​ ​
$(73,664)
​ ​
$776,527
​ ​
$2,377,476
​
       
Compensation Actually Paid vs. Total Shareholder Return
[MISSING IMAGE: bc_sharereturn-4c.jpg]
       
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_netincome-4c.jpg]
       
Total Shareholder Return Vs Peer Group [MISSING IMAGE: lc_peergroup-4c.jpg]        
Total Shareholder Return Amount $ 93.92 137.33 123.65 112.28 150.68
Peer Group Total Shareholder Return Amount 249.97 203.42 125.5 125.39 162.57
Net Income (Loss) $ 38,679,000 $ 53,129,000 $ 127,771,000 $ 77,468,000 $ 81,013,000
PEO Name Adam Portnoy        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (2,079,971)        
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,656,551        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,247,177        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (260,677)        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 779,997        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (109,946)        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,049,974)        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 776,527        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 730,169        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (177,191)        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 297,213        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (73,664)        
v3.25.4
Award Timing Disclosure
 12 Months Ended
Sep. 30, 2025
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
Because the consideration of share awards by our Compensation Committee is determined on a regular schedule (i.e., in September for our officers and employees and at the first meeting of our Board after the annual meeting of shareholders for the Directors), any proximity of any awards to earnings announcements or other market events is coincidental.
Award Timing Method in September for our officers and employees and at the first meeting of our Board after the annual meeting of shareholders for the Directors), any proximity of any awards to earnings announcements or other market events is coincidental.
Award Timing Predetermined true
v3.25.4
Insider Trading Policies and Procedures
 12 Months Ended
Sep. 30, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true