InnSuites CEO adds 1.8M shares via debt swap
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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
| 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.
Key Figures
Key Terms
Debt-to-Equity conversion financial
Rule 10b5-1 trading plan regulatory
indirect ownership financial
restructuring financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IHT report for James F. Wirth?
What was the nature of the IHT insider transaction reported with code J?
Was the IHT Form 4 transaction made under a Rule 10b5-1 trading plan?
Is James F. Wirth’s ownership in IHT direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.