Summit Hotel Properties (INN) director discloses 10,000-share sale

Rhea-AI Filing Summary

Summit Hotel Properties, Inc. director reported an insider transaction in the company’s common stock. On 12/18/2025, the director sold 10,000 shares of common stock at $5.12 per share.

After this sale, the director directly owned 73,393 shares of common stock and had indirect beneficial ownership of 469,295 shares through Sagestar Family, LLC. The filing notes these shares were issued to an entity partially owned by the reporting person, who disclaims beneficial ownership except to the extent of his pecuniary interest in them.

Insider Trade Summary

Net Seller: 10,000 shares

Net Sell 2 txns

Insider Patel Mehulkumar Bhikhubhai

Role Director

Sold 10,000 shs ($51K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$5.12	$51K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 469,295 shares (Indirect, By Sagestar Family, LLC); Common Stock — 73,393 shares (Direct)

Footnotes (1)

1. F1. Shares of common stock of the Issuer issued to an entity partially owned by the reporting person. The reporting person disclaims any beneficial ownership of such shares of common stock, except to the extent of his pecuniary interest therein.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 12/22/2025 - 04:39 PM Learn about SEC filing dates

FAQ

What insider transaction was reported for Summit Hotel Properties (INN)?

A director of Summit Hotel Properties, Inc. reported selling 10,000 shares of the company’s common stock on 12/18/2025 at a price of $5.12 per share.

How many Summit Hotel Properties (INN) shares does the director own after the sale?

Following the reported transaction, the director directly owns 73,393 shares of common stock and has indirect beneficial ownership of 469,295 shares through Sagestar Family, LLC.

What is the indirect ownership reported in the Summit Hotel Properties (INN) Form 4?

The Form 4 states that 469,295 shares of Summit Hotel Properties common stock are indirectly owned through Sagestar Family, LLC, an entity partially owned by the reporting person.

Does the director fully claim beneficial ownership of the indirectly held INN shares?

No. The filing explains that the shares were issued to an entity partially owned by the reporting person, who disclaims beneficial ownership of those common shares except to the extent of his pecuniary interest.

What type of SEC form reports this Summit Hotel Properties (INN) insider trade?

The insider transaction is reported on an SEC Form 4, which discloses changes in the beneficial ownership of Summit Hotel Properties common stock by a company insider.

What is the insider’s relationship to Summit Hotel Properties (INN)?

The reporting person identified in the filing is a Director of Summit Hotel Properties, Inc., as indicated in the relationship section of the form.

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).

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^*

Patel Mehulkumar Bhikhubhai

(Last) (First) (Middle)

13215 BEE CAVE PARKWAY,

SUITE B-300

(Street)

AUSTIN TX 78738

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Summit Hotel Properties, Inc. [ INN ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

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

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

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

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
Common Stock								73,393	D
Common Stock	12/18/2025		S		10,000	D	$5.12	469,295(1)	I	By Sagestar Family, 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:

1. Shares of common stock of the Issuer issued to an entity partially owned by the reporting person. The reporting person disclaims any beneficial ownership of such shares of common stock, except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Christopher R. Eng, as Attorney-in-Fact	12/22/2025
	** 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.