---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-050398"
form_type: "8-K"
ticker: null
cik: "0001456772"
company_name: "OFFICE PROPERTIES INCOME TRUST"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:48:21.571190+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Bankruptcy court confirms OPI reorganization plan; existing equity cancelled, no recovery for shareholders

## Summary
- Court entered Confirmation Order on April 22, 2026, approving Fourth Amended Joint Chapter 11 Plan.
- 73.9M common shares outstanding as of Oct 30, 2025 will be cancelled with no distribution; equity value eliminated.
- Allowed DIP Claims receive Reorganized Common Equity at a 37% discount to Plan value.
- $385M in new 8.375% senior secured notes to 2027 Noteholders; $300M in new 10% notes due 2031 plus equity to Sep 2029 Noteholders.
- Conditions precedent to Effective Date remain unsatisfied; no assurance of when or if plan will become effective.

## SEC filing metadata
- accession: 0001104659-26-050398
- form_type: 8-K
- cik: 0001456772
- company_name: OFFICE PROPERTIES INCOME TRUST
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- confidence: high
- sec_items: 1.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1456772/000110465926050398/0001104659-26-050398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1456772/000110465926050398/tm2612569d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-050398
- JSON: https://secwatch.observer/filing/0001104659-26-050398.json
- Plain text: https://secwatch.observer/filing/0001104659-26-050398.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.