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InnSuites (IHT) Insider Sale — Les Kutasi Disposes 5,000 Shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

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 Kutasi Leslie T
Role Insider
Sold 5,000 shs ($46.25M)
Type Security Shares Price Value
Sale INNSUITES HOSPITALITY REIT 5,000 $9,250.00 $46.25M
Holdings After Transaction: INNSUITES HOSPITALITY REIT — 84,999 shares (Direct)
Footnotes (1)
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Kutasi Leslie T
(Last) (First) (Middle)
372 CRESCENT MOON CT.
(Street)
DRIPPING SPRINGS TX 78620
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INNSUITES HOSPITALITY TRUST [ IHT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
TRUSTEE
3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025
4. If Amendment, Date of 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
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
INNSUITES HOSPITALITY REIT 09/25/2025 09/26/2025 S 5,000 D $9,250 84,999 D
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 Securities Underlying Derivative Security (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: 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
Explanation of Responses:
/s/ Les Kutasi 09/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did IHT officer Les Kutasi report?

The Form 4 shows a sale of 5,000 shares of InnSuites Hospitality REIT on 09/25/2025 at $9.25 per share.

How many IHT shares does Les Kutasi beneficially own after the transaction?

After the reported sale, the filing shows 84,999 shares beneficially owned (direct).

What is the reporting person's relationship to IHT?

The filer is listed as an Officer (title: Trustee) and is filing as an individual reporting person.

When was the Form 4 signed and filed?

The signature block shows the Form 4 was signed by /s/ Les Kutasi on 09/26/2025.

Were any derivative securities reported in this filing?

No. Table II for derivative securities contains no reported transactions or holdings.