InnSuites Executive Plans $11.4K Stock Sale Amid Recent Selling Spree

InnSuites Hospitality Trust (NYSE: IHT) has filed a Form 144 notice for a proposed sale of 5,000 shares of beneficial interest without par value, with an aggregate market value of $11,450.

Rhea-AI Filing Summary

InnSuites Hospitality Trust (NYSE: IHT) has filed a Form 144 notice for a proposed sale of 5,000 shares of beneficial interest without par value, with an aggregate market value of $11,450. The sale is planned for June 25, 2025, through Charles Schwab & Co.

The securities were originally acquired on February 1, 2013, as a stock grant from the issuer for services rendered. The filing also discloses significant recent trading activity by Mr. Leslie T. Kutasi, who has sold 9,454 shares in multiple transactions between May 13-30, 2025, for total gross proceeds of approximately $22,710.

Key transaction details:

• Current outstanding shares: 8,763,485
• Average sale price of proposed transaction: $2.29 per share
• Seller confirms no knowledge of undisclosed material adverse information

Positive

• None.

Negative

• Insider Leslie T. Kutasi has engaged in consistent selling over the past 3 months, disposing of 9,454 shares for approximately $22,710, and plans to sell an additional 5,000 shares worth $11,450
• The pattern of frequent, smaller sales followed by a larger planned sale could indicate bearish insider sentiment

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many IHT shares is the insider planning to sell according to the June 2025 Form 144?

According to the Form 144 filing, the insider plans to sell 5,000 shares of IHT's beneficial interest without par value, with an aggregate market value of $11,450.00. The sale is expected to occur around June 25, 2025 through Charles Schwab & Co.

How did the IHT insider initially acquire the shares being sold?

The insider acquired the 5,000 shares on February 1, 2013 through a Stock Grant from the issuer as compensation for services rendered.

What is the recent selling history of IHT insider Leslie T. Kutasi in May 2025?

Mr. Leslie T. Kutasi sold multiple blocks of IHT common shares in May 2025, totaling 9,454 shares for approximately $22,708 in gross proceeds. The largest single transactions were 2,500 shares on May 30, 2025 ($5,648.06) and 2,490 shares on May 21, 2025 ($6,141.04).

What is the total number of IHT shares outstanding as of June 2025?

According to the Form 144 filing, IHT has 8,763,485 shares outstanding as of June 2025.

Where will the proposed IHT share sale take place?

The proposed sale of IHT shares will take place on the NYSE (New York Stock Exchange) through broker Charles Schwab & Co., located at 3000 Schwab Way, Westlake TX 76262.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/25/2025 - 11:04 AM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001568182
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	INNSUITES HOSPITALITY TRUST
SEC File Number	001-07062
Address of Issuer	INNSUITES HOTELS CENTRE 1625 E NORTHERN AVE STE 105 PHOENIX ARIZONA 85020
Phone	2166220046
Name of Person for Whose Account the Securities are To Be Sold	Kutasi Leslie T
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Shares of beneficial interest without par value	Charles Schwab & Co 3000 Schwab Way Westlake TX 76262	5000	11450.00	8763485	06/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Shares of beneficial interest without par value	02/01/2013	Stock Grant	Issuer			5000	02/01/2013	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/13/2025	368	920.00
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/14/2025	751	1866.48
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/15/2025	391	970.18
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/16/2025	260	645.79
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/19/2025	1766	4379.68
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/20/2025	17	42.61
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/21/2025	2490	6141.04
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/27/2025	601	1383.30
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/28/2025	310	713.00
Mr. Leslie T. Kutasi 1625 E. Northern Ave., Suite 105 Phoenix AZ 85020	Common	05/30/2025	2500	5648.06

144: Remarks and Signature

Remarks	Shares to be sold were acquired as stock grants between 02/01/2013-02/01/2024
Date of Notice	06/25/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Leslie Kutasi
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)