InnSuites Hospitality Trust (IHT) CEO swaps debt for new shares

Rhea-AI Filing Summary

INNSUITES HOSPITALITY TRUST (IHT) reported that President, CEO and Chairman James F. Wirth, through indirect ownership as Member/Manager of RRF, LLC, acquired 1,829,268 INNSUITES HOSPITALITY REIT shares on 2026-08-18 in an "other" transaction classified as a restructuring. The remarks state these shares were issued pursuant to a Debt-to-Equity conversion. Following this transaction, indirectly owned shares totaled 8,080,564. The filing indicates the transaction was made under a Rule 10b5-1 trading plan.

Insider Trade Summary 10b5-1

Net Buyer: 1,829,268 shares

Net Buy 1 txn

Insider WIRTH JAMES F

Role President & CEO

Type	Security	Shares	Price	Value
Other	INNSUITES HOSPITALITY REIT	1,829,268	$3,000,000.00 as filed	--

• Price shown as filed: $3,000,000.00 per share is far above the $1.64 close on Aug 18, 2026, so no transaction value is shown. The reported figure matches the total consideration, which implies about $1.64 per share.

Holdings After Transaction: INNSUITES HOSPITALITY REIT — 8,080,564 shares (Indirect, Member/Manager of RRF, LLC)

Key Figures

Shares acquired: 1,829,268 shares Indirect shares after transaction: 8,080,564 shares Transaction code: J +2 more

5 metrics

Shares acquired 1,829,268 shares Non-derivative acquisition in restructuring on 2026-08-18

Indirect shares after transaction 8,080,564 shares Indirect holdings through RRF, LLC following the transaction

Transaction code J Classified as other acquisition or disposition related to restructuring

Restructuring shares 1,829,268 shares Shares involved in restructuring per transactionSummary

Rule 10b5-1 status Affirmed aff_10b5_one field indicates use of a Rule 10b5-1 trading plan

Key Terms

Debt-to-Equity conversion, Rule 10b5-1 trading plan, indirect ownership, restructuring

4 terms

Debt-to-Equity conversion financial

"The shares were issued pursuant to a Debt-to-Equity conversion."

A debt-to-equity conversion is when a company swaps outstanding loans or bonds for ownership shares, effectively turning an IOU into an ownership stake. Investors should care because it reduces the company’s debt burden and interest costs but also dilutes existing shareholders’ ownership and can change control and risk profiles—like trading a loan payment for a piece of the company, which can improve solvency while altering potential upside and voting power.

Rule 10b5-1 trading plan regulatory

"aff_10b5_one indicates use of a Rule 10b5-1 trading plan."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

indirect ownership financial

"direct_or_indirect is coded "I" indicating indirect ownership."

restructuring financial

"transactionSummary shows restructuringShares of 1,829,268."

Restructuring is a deliberate rearrangement of a company’s operations, finances, or ownership—like reorganizing a cluttered house to run more efficiently—often involving cost cuts, asset sales, debt changes, or staff moves. Investors pay attention because restructuring can improve profitability and free up cash, but it can also signal distress, incur one-time costs, or dilute shareholder value; its success affects future earnings and stock performance.

FAQ

What insider transaction did IHT report for James F. Wirth?

IHT reported that James F. Wirth indirectly acquired 1,829,268 shares of INNSUITES HOSPITALITY REIT on 2026-08-18. The shares were issued to an LLC he manages as part of a Debt-to-Equity conversion.

How many IHT shares does James F. Wirth hold after this Form 4 transaction?

After the reported transaction, James F. Wirth indirectly holds 8,080,564 shares of INNSUITES HOSPITALITY REIT. These shares are held through RRF, LLC, where he is listed as Member/Manager.

What was the nature of the IHT insider transaction reported with code J?

The IHT insider transaction coded "J" is described as an other acquisition related to a restructuring. The remarks clarify that the shares were issued pursuant to a Debt-to-Equity conversion rather than a routine open-market trade.

Was the IHT Form 4 transaction made under a Rule 10b5-1 trading plan?

Yes. The Form 4 for IHT checks the Rule 10b5-1 box, indicating the reported transaction was executed under a pre-arranged trading plan. Such plans can reduce the informational value of the transaction’s timing.

Is James F. Wirth’s ownership in IHT direct or indirect?

The reported IHT holdings are indirect, coded as "I" on Form 4. The shares are held through RRF, LLC, where Wirth is identified as Member/Manager, rather than held directly in his own name.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/20/2026 - 06:57 AM Accepted by SEC EDGAR 08/20/2026 - 06:57 AM Learn about SEC filing dates

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).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WIRTH JAMES F

(Last) (First) (Middle)

5700 E, GLEN DR.

(Street)

PARADISE VALLEY ARIZONA 85253

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INNSUITES HOSPITALITY TRUST [ IHT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
X	Officer (give title below)	X	Other (specify below)
	President & CEO		Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/18/2026	08/19/2026	J		1,829,268	A	$3,000,000	8,080,564	I	Member/Manager of RRF, LLC

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:

Remarks:

Table I, Box 3, Code J - The shares were issued pursuant to a Debt-to-Equity conversion.

	/s/ James F. Wirth	08/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)