IHT Form 4: Officer Les Kutasi Sells 5,000 Shares at $9.25
Leslie T. Kutasi, an officer and trustee of InnSuites Hospitality Trust (IHT), reported a sale of 5,000 shares of INNSUITES HOSPITALITY REIT on 09/25/2025 at a price of $9.25 per share.
Rhea-AI Filing Summary
Leslie T. Kutasi, an officer and trustee of InnSuites Hospitality Trust (IHT), reported a sale of 5,000 shares of INNSUITES HOSPITALITY REIT on 09/25/2025 at a price of $9.25 per share. After the transaction, the reporting person beneficially owned 84,999 shares (direct). The Form 4 was signed on 09/26/2025.
Positive
- None.
Negative
- Reported sale of 5,000 shares on 09/25/2025 at $9.25 per share by an officer/trustee
Insights
TL;DR: Officer reported a small, single-day sale of 5,000 shares, leaving 84,999 shares beneficially owned.
The filing documents a straightforward non-derivative sale by an officer/trustee of InnSuites Hospitality Trust executed on 09/25/2025 at $9.25 per share. This Form 4 discloses a reduction in direct holdings but provides no information on the reason for the sale or broader pattern of trading. Based solely on the disclosed facts, the transaction is a simple insider disposition without additional context on materiality relative to total outstanding shares.
TL;DR: Documented insider sale and current direct beneficial ownership; no governance action or additional disclosures attached.
The report is procedurally complete: it identifies the reporting person, relationship to the issuer (officer and trustee), transaction date, price, quantity sold, and post-transaction holdings. There are no accompanying derivative transactions, amendments, or explanatory notes. From a governance-disclosure perspective, the filing satisfies Section 16 reporting requirements but does not itself indicate any company-level governance change.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | INNSUITES HOSPITALITY REIT | 5,000 | $9,250.00 as filed | -- |
- Price shown as filed: $9,250.00 per share is far above the $1.82 close on Sep 25, 2025, so no transaction value is shown. The reported figure matches the total consideration, which implies about $1.85 per share.
FAQ
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What insider transaction did IHT officer Les Kutasi report?
What is the reporting person's relationship to IHT?
When was the Form 4 signed and filed?
Were any derivative securities reported in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.