INNSUITES (IHT) Insider Sale: James F. Wirth Disposes 10,000 Shares
Rhea-AI Filing Summary
James F. Wirth, President & CEO and Director of INNSUITES HOSPITALITY TRUST (IHT), reported a sale of company common stock. The Form 4 shows a sale of 10,000 shares on 09/29/2025 at $17.90 per share. After the reported transaction, Mr. Wirth beneficially owned 6,216,796 shares, held directly. The filing is signed by Mr. Wirth on 09/30/2025 and contains no additional transactions or derivative activity.
Positive
- None.
Negative
- None.
Insights
TL;DR: A routine insider sale of 10,000 shares was disclosed; holdings remain large and no derivatives were reported.
The Form 4 documents a straightforward open-market sale by the company’s President & CEO and Director. The transaction size (10,000 shares at $17.90) is explicitly reported and the filing shows a substantial remaining direct stake of 6,216,796 shares. There is no indication of related derivative transactions, amendments, or joint filings. From a governance perspective, timely disclosure and a clear signature are present; the filing contains only the single non-derivative disposition noted.
TL;DR: Insider sold a small block relative to total holdings; transaction is a routine Section 16 disclosure.
The sale reported on 09/29/2025 at $17.90 for 10,000 shares is recorded with post-transaction direct beneficial ownership of 6,216,796 shares. No exercise, conversion, or derivative positions are disclosed in Table II. The document contains the required signature and OMB notice. The filing does not provide context such as purpose of sale or trading plan information.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | INNSUITES HOSPITALITY REIT | 10,000 | $17,900.00 | $179.00M |