INNSUITES (IHT) CEO Sells 12,500 Shares for $22,273.75
James F. Wirth, President & CEO and a director of INNSUITES HOSPITALITY TRUST (IHT), reported a sale of shares on 10/06/2025.
Rhea-AI Filing Summary
James F. Wirth, President & CEO and a director of INNSUITES HOSPITALITY TRUST (IHT), reported a sale of shares on 10/06/2025. The filing shows a sale of 12,500 shares (transaction code S) with an aggregate price of $22,273.75. The form records a deemed execution or related date of 10/08/2025 and is signed by Mr. Wirth on 10/08/2025. After the reported transaction the filing lists 6,204,296 shares as beneficially owned indirectly (by spouse). The statement discloses ordinary Section 16 reporting of an insider sale and a large indirect ownership stake remaining.
Positive
- None.
Negative
- None.
Insights
TL;DR: CEO sold a small block while retaining a large indirect stake.
The report documents a sale of 12,500 shares by James F. Wirth on 10/06/2025
The sale used transaction code S and produced aggregate proceeds of $22,273.75. The filing also shows 6,204,296 shares held indirectly through a spouse, indicating continued substantial economic exposure to the company.
Key dependencies and near-term items to watch include any additional Section 16 filings showing further dispositions and whether similar sales appear by other insiders over the next 30-90 days, which could indicate planned liquidity versus isolated transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | INNSUITES HOSPITALITY REIT | 12,500 | $22,273.75 as filed | -- |
- Price shown as filed: $22,273.75 per share is far above the $1.76 close on Oct 6, 2025, so no transaction value is shown. The reported figure matches the total consideration, which implies about $1.7819 per share.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did INNSUITES (IHT) insider James F. Wirth report on Form 4?
What transaction code was used for the sale reported by the IHT insider?
When was the Form 4 signed and filed by the reporting person?
Does the Form 4 show any derivative transactions for IHT by this insider?
AI-generated analysis. How Rhea-AI works. Not financial advice.