InnSuites CEO gifts 1,000 shares to granddaughter
INNSUITES HOSPITALITY TRUST (IHT) reported that President, CEO and Chairman James F. Wirth made a bona fide gift of 1,000 shares of INNSUITES HOSPITALITY REIT on August 31, 2026, to a minor granddaughter via a joint account.
Rhea-AI Filing Summary
INNSUITES HOSPITALITY TRUST (IHT) reported that President, CEO and Chairman James F. Wirth made a bona fide gift of 1,000 shares of INNSUITES HOSPITALITY REIT on August 31, 2026, to a minor granddaughter via a joint account. Following this gift, he directly holds 7,983,386 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1,000 shares gifted
Gift
1 txn
Insider
WIRTH JAMES F
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | INNSUITES HOSPITALITY REIT | 1,000 | $0.00 | $0.00 |
Holdings After Transaction:
INNSUITES HOSPITALITY REIT — 7,983,386 shares (Direct)
Key Figures
Shares gifted: 1,000 shares
Shares owned after transaction: 7,983,386 shares
Transaction price per share: $0.0000
3 metrics
Shares gifted
1,000 shares
Bona fide gift on August 31, 2026
Shares owned after transaction
7,983,386 shares
Direct ownership following the gift transaction
Transaction price per share
$0.0000
Reported value for the bona fide gift
Key Terms
bona fide gift, Rule 10b5-1, ten percent owner
3 terms
bona fide gift regulatory
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 regulatory
"aff_10b5_one indicates transactions under a Rule 10b5-1 plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
ten percent owner regulatory
"is_ten_percent_owner: 1 for James F. Wirth"
FAQ
What insider transaction did IHT report in this Form 4 filing?
IHT reported that James F. Wirth made a bona fide gift of 1,000 shares of INNSUITES HOSPITALITY REIT on August 31, 2026, to a minor granddaughter held in a joint account, and now directly holds 7,983,386 shares.
Who is the insider involved in the latest IHT Form 4 transaction?
The insider is James F. Wirth, who serves as President, CEO, Chairman, and is a ten percent owner of INNSUITES HOSPITALITY TRUST. He reported a bona fide gift of 1,000 shares to a minor granddaughter.
What are James F. Wirth’s IHT holdings after the reported gift?
After the reported bona fide gift of 1,000 shares, James F. Wirth directly holds 7,983,386 shares of INNSUITES HOSPITALITY REIT, according to the Form 4 disclosure.
Was the IHT insider gift transaction reported under a Rule 10b5-1 plan?
Yes. The filing indicates the Rule 10b5-1 checkbox is affirmed, meaning the reported transaction was made pursuant to a trading or disposition plan meeting Rule 10b5-1 conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.