InnSuites Hospitality Trust filings document the reporting, governance and capital structure of a hospitality-focused real estate investment trust whose shares of beneficial interest trade on NYSE American under IHT. Recent disclosures include annual-report timing notices, current reports on dividend declarations, and proxy materials for shareholder voting.
The Trust's SEC records also cover trustee elections, auditor ratification, advisory executive-compensation votes, annual meeting procedures, exchange-listed security information, and other material events tied to its hotel operations, dividend history, and diversification activities involving IBC Hotels and UniGen Power.
INNSUITES HOSPITALITY TRUST (IHT) reported an insider transaction by President, CEO and Chairman James F. Wirth, who is also a ten percent owner. On 2026-08-25, he effected a sale of 12,378 shares of INNSUITES HOSPITALITY REIT securities in an open market or private transaction. After this transaction, he directly held 8,033,386 shares. The filing affirms that the transaction was made under a Rule 10b5-1 trading plan, indicating it was pre-arranged.
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.
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.
InnSuites Hospitality Trust (IHT) entered into a Debt Conversion Agreement with affiliate Rare Earth Financial, LLC, converting a $3,000,000 revolving credit balance into 1,829,268 shares of common stock. The effective date is August 19, 2026, and the conversion price is based on the August 18, 2026 NYSE American closing price of $1.64 per share.
This unregistered issuance retires the related-party debt and issues new equity to REF. Operationally, hotel performance is described as strong, with record combined July revenue of $597,323 and total revenues for the fiscal first half of 2027 exceeding $4.1 million. InnSuites is also pursuing a potential reverse merger partner and evaluating diversification projects, including a potential high-risk, high-reward opportunity.
InnSuites Hospitality Trust reported results from its 2026 Annual Meeting of Shareholders held on August 12, 2026. A quorum of 7,531,295 shares was present in person or by proxy. Shareholders elected trustee Steven S. Robson with 7,090,809 votes for, 25,817 votes against, and 414,669 abstentions. Shareholders also approved the ratification of the BCRG Group, which recently merged with Simon & Edward, LLP, as the Independent Registered Public Accountants, with 7,447,535 votes for, 23,936 against, and 59,824 abstentions.
The company reported that hotel operations remain strong, with a record-setting July total revenue of $597,323, the highest July figure ever for its two hotels combined. Total revenues for the fiscal first half of 2027 (February 1, 2026 through July 31, 2026) exceeded $4.1 million. The trust stated that it continues to seek a reverse merger partner and has engaged in several positive discussions, while also pursuing diversification projects including a potential high-risk, high-reward opportunity.
InnSuites Hospitality Trust reports a change in its independent registered public accounting firm. After Simon & Edward LLP ("S&E") acquired the attest business of BCRG Group ("BCRG") effective June 15, 2026, the Audit Committee on July 9, 2026 dismissed BCRG and approved S&E as the new auditor. BCRG’s reports on the consolidated financial statements for the fiscal years ended January 31, 2026 and 2025 contained an explanatory paragraph stating there was substantial doubt about the Trust’s ability to continue as a going concern. The Trust states there were no disagreements or reportable events with BCRG during those periods and that it did not consult S&E on accounting or audit matters before engagement. A confirming letter from BCRG dated July 9, 2026 is filed as Exhibit 16.1.
InnSuites Hospitality Trust is holding its Fiscal 2026 Annual Meeting on August 12, 2026. Shareholders will vote on electing longtime trustee Steven S. Robson to a new three-year term and on ratifying BCRG Group as independent auditor.
Shareholders of record on July 7, 2026, may vote, with 9,402,834 Shares outstanding. The board is classified into three staggered terms and reports 100% meeting attendance. Independent trustees chair the Audit, Compensation, and Governance and Nominating Committees.
CEO James F. Wirth, who beneficially owns 6,024,613 Shares (64.07%), received $92,000 in total compensation for Fiscal 2026, while CFO Sylvin R. Lange received $117,225. Non-employee trustees were paid entirely in stock, each receiving 9,000 restricted Shares for Fiscal 2026. Audit fees paid to BCRG Group for Fiscal 2026 totaled $95,000.
InnSuites Hospitality Trust has been notified by NYSE American that it is not meeting a key continued listing standard after reporting a stockholders’ deficit of approximately $(921,921) as of April 30, 2026 and losses in two of its three most recent fiscal years. NYSE American requires at least $2.0 million of stockholders’ equity under this rule. The notice does not immediately affect trading, but InnSuites must submit a compliance plan by July 24, 2026 and regain compliance by December 24, 2027 to avoid potential delisting.
The Trust is evaluating ways to increase stockholders’ equity by about $3.0–$3.3 million, including possible conversions of subsidiary units and related-party debt into equity, capital-raising or restructuring transactions, and cost and operating initiatives. It also continues to pursue strategic alternatives, including a potential reverse merger and diversification via IBC Hotels and UniGen Power. For the first four fiscal months of 2027, combined hotel revenue was about $2.9 million, and net income before certain non-cash expenses was $307,326 in the first fiscal quarter, which management believes supports its planned compliance strategy, although there is no assurance it will regain or maintain listing compliance.