InnSuites (NYSE: IHT) CEO offloads 34,800 shares in planned sale
Rhea-AI Filing Summary
INNSUITES HOSPITALITY TRUST (IHT) insider James F. Wirth, President, CEO, Chairman and ten percent owner, reported a sale of 34,800 INNSUITES HOSPITALITY REIT shares on August 21, 2026 in an open market or private transaction under a Rule 10b5-1 trading plan. After this transaction, he directly owns 8,045,764 shares.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 34,800 shares
Net Sell
1 txn
Insider
WIRTH JAMES F
Role
President & CEO
Sold
34,800 shs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | INNSUITES HOSPITALITY REIT | 34,800 | $52,316.70 as filed | -- |
- Price shown as filed: $52,316.70 per share is far above the $1.51 close on Aug 21, 2026, so no transaction value is shown. The reported figure matches the total consideration, which implies about $1.5034 per share.
Holdings After Transaction:
INNSUITES HOSPITALITY REIT — 8,045,764 shares (Direct)
Key Figures
Shares sold: 34,800 shares
Shares owned after transaction: 8,045,764 shares
Implied price per share: about $1.50 per share
3 metrics
Shares sold
34,800 shares
Non-derivative sale on August 21, 2026 by James F. Wirth
Shares owned after transaction
8,045,764 shares
Direct ownership by James F. Wirth following the sale
Implied price per share
about $1.50 per share
Derived from filing’s implied_price_per_share field for the August 21, 2026 sale
Key Terms
Rule 10b5-1, open market or private transaction, ten percent owner
3 terms
Rule 10b5-1 regulatory
"transaction was made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"classified as a sale in open market or private transaction"
ten percent owner regulatory
"James F. Wirth is identified as a ten percent owner"
FAQ
What insider transaction did IHT report from James F. Wirth?
IHT reported that James F. Wirth sold 34,800 shares of INNSUITES HOSPITALITY REIT on August 21, 2026 in a sale classified as an open market or private transaction.
Was the August 21, 2026 IHT insider sale under a Rule 10b5-1 plan?
Yes. The filing indicates the transaction was made under a Rule 10b5-1 trading plan, meaning it occurred pursuant to a pre-arranged trading arrangement affirmed in the form.
What was the direction of the IHT insider transaction reported for August 21, 2026?
The transaction direction was a sale. The Form 4 classifies it with transaction code "S" and an acquired/disposed code of "D", indicating a disposition of 34,800 shares.
What does the price information in the IHT Form 4 imply for this sale?
The reported price figure is not a usable per-share price. Based on filing metadata, it appears to represent total consideration, implying an approximate price of about $1.50 per share, rather than $52,316.70 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.