InnSuites (IHT) Form 4: Trustee reports sale of 4,999 shares
Rhea-AI Filing Summary
Leslie T. Kutasi, a trustee of InnSuites Hospitality Trust (IHT), reported a sale of 4,999 shares on 09/29/2025. The Form 4 shows proceeds (or reported price) of $9,248.15 for that transaction and indicates 80,000 shares were beneficially owned by the reporting person after the sale. The filing is a routine Section 16 disclosure reporting a single non-derivative sale by an insider.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider trustee reported a routine sale of 4,999 shares; remaining beneficial ownership is 80,000 shares.
This Form 4 documents a single non-derivative sale (transaction code S) by Leslie T. Kutasi on 09/29/2025 with reported proceeds of $9,248.15 and a post-transaction beneficial ownership of 80,000 shares. The disclosure appears complete and standard for Section 16 reporting. There are no derivative transactions, amendments, or indications of coordinated group filings in this document. For investors, this is a straightforward insider sale disclosure without additional context on intent or trading patterns.
TL;DR: Trustee sale disclosed; filing complies with Section 16 reporting norms and shows continued substantial ownership.
The report identifies the reporting person as a trustee and indicates the form was filed by one reporting person. The sale reduced holdings but left the reporting person with 80,000 shares, which remains a meaningful ownership stake disclosed on the form. The filing includes a manual signature and date, meeting procedural requirements. No material governance events, option exercises, or related-party transactions are disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | INNSUITES HOSPITALITY REIT | 4,999 | $9,248.15 | $46.23M |