Summit Hotel Properties (INN) director granted 22,293 common shares as equity award

Rhea-AI Filing Summary

Kay Kenneth J reported acquisition or exercise transactions in this Form 4 filing.

Summit Hotel Properties, Inc. director Kenneth J. Kay received a grant of 22,293 shares of Common Stock, reported at a price of $0.00 per share, as a compensation-related award. Following this award, he directly holds a total of 166,835 shares of the company’s common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kay Kenneth J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	22,293	$0.00	--

Holdings After Transaction: Common Stock — 166,835 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 22,293 shares Price per granted share: $0.00 per share Shares held after transaction: 166,835 shares +1 more

4 metrics

Shares granted 22,293 shares Common Stock grant on 2026-05-20

Price per granted share $0.00 per share Grant/award acquisition

Shares held after transaction 166,835 shares Direct ownership following grant

Transaction code A Grant, award, or other acquisition

Key Terms

Common Stock, Grant, award, or other acquisition, Form 4, direct ownership

4 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

direct ownership financial

"ownership_type: "direct""

Form 4 Insider Transactions: What Each Field Means →

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^*

Kay Kenneth J

(Last) (First) (Middle)

13215 BEE CAVE PARKWAY,

SUITE B-300

(Street)

AUSTIN TEXAS 78738

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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

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

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

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	05/20/2026		A		22,293	A	$0	166,835	D

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:

Remarks:

	/s/ Christopher R. Eng, as Attorney-in-Fact	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Summit Hotel Properties (INN) report for Kenneth J. Kay?

Summit Hotel Properties reported that director Kenneth J. Kay received a grant of 22,293 shares of Common Stock. The transaction was classified as a grant, award, or other acquisition rather than an open-market purchase or sale.

Was the Kenneth J. Kay INN transaction a buy or a sale of shares?

The transaction was not an open-market buy or sale. It was reported with code A as a grant, award, or other acquisition of 22,293 shares of Summit Hotel Properties Common Stock, typically reflecting equity compensation rather than trading activity.

How many Summit Hotel Properties (INN) shares does Kenneth J. Kay hold after this grant?

After receiving the 22,293-share grant, Kenneth J. Kay directly holds 166,835 shares of Summit Hotel Properties Common Stock. This total reflects his direct ownership following the reported award, according to the Form 4 transaction details.

What does transaction code "A" mean in the INN Form 4 for Kenneth J. Kay?

Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. For Kenneth J. Kay, it reflects the issuance of 22,293 Summit Hotel Properties Common Stock shares as a non-market award rather than a purchase on an exchange.

Did Kenneth J. Kay pay cash for the 22,293 INN shares received?

The Form 4 shows a transaction price of $0.00 per share for the 22,293 Summit Hotel Properties shares. This indicates the shares were granted without a cash purchase price, consistent with a compensation-related stock award rather than a market transaction.