FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * OWENS WILLIAM C   2. Issuer Name and Ticker or Trading Symbol Owens Realty Mortgage, Inc. [ORM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President & CEO (Last) (First) (Middle) 2221 OLYMPIC BLVD 3. Date of Earliest Transaction (Month/Day/Year) 05/26/2015 (Street) WALNUT CREEK, CA 94595 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price ORM Common Stock 05/26/2015   I   1,000 A $ 13.0899 40,040 I By Owens Financial Group 401(k) ORM Common Stock 05/27/2015   I   2,000 A $ 13.077 42,040 I By Owens Financial Group 401(k) ORM Common Stock 05/27/2015   I   1,000 A $ 13.05 43,040 I By Owens Financial Group 401(k) ORM Common Stock 05/27/2015   I   1,000 A $ 13.05 44,040 I By Owens Financial Group 401(k) ORM Common Stock               96,785 I By Owens Financial Group, Inc. (1) ORM Common Stock               360 I By Self as Trustee for Owens Trust Dated 2/24/98 (2) ORM Common Stock               2,810 D   ORM Common Stock               4,637 I By Belmar, Limited Partnership (3) ORM Common Stock               6,361 I By Spouse

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
OWENS WILLIAM C 2221 OLYMPIC BLVD WALNUT CREEK, CA 94595	X		President & CEO

Signatures

Mandy Moldovan		05/29/2015
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	William C. Owens is an officer and director of Owens Realty Mortgage, Inc. Mr. Owens owns 64.3889% of Owens Financial Group, Inc. Each of Bryan H. Draper and William E. Dutra own 16.7977%, and Brian M. Haines owns 2.0157% of Owens Financial Group, Inc. Owens Financial Group, Inc. owns 96,785 shares of Common Stock of Owens Realty Mortgage, Inc. Owens Financial Group, Inc. holds 83, 049 shares directly, and Investors Yield. Inc. (a wholly-owned subsidiary of Owens Financial Group, Inc.) holds 13,736 shares. Mr. Owens disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
(2)	Shares held by Owens Trust dated February 24, 1998, the trustee of which is Mr. Owens.
(3)	Shares held by Belmar, a California limited partnership of which Mr. Owens owns 49.22%. Mr. Owens disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

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