Summit Hotel (NYSE: INN) director gets 22,293-share stock award

Rhea-AI Filing Summary

Taitz Hope S reported acquisition or exercise transactions in this Form 4 filing.

Summit Hotel Properties director Hope S. Taitz received a stock grant of 22,293 shares of Common Stock on May 20, 2026. The award was recorded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase. After this grant, Taitz directly holds 148,752 shares of Summit Hotel Properties common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Taitz Hope S

Role null

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

Holdings After Transaction: Common Stock — 148,752 shares (Direct, null)

Footnotes (1)

Key Figures

Stock grant size: 22,293 shares Post-transaction holdings: 148,752 shares Grant price per share: $0.00 per share

3 metrics

Stock grant size 22,293 shares Common Stock grant on May 20, 2026

Post-transaction holdings 148,752 shares Total Common Stock directly owned after grant

Grant price per share $0.00 per share Recorded transaction price for the stock award

Key Terms

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

3 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.

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^*

Taitz Hope S

(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	148,752	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 did Summit Hotel Properties (INN) director Hope S. Taitz report on this Form 4?

Hope S. Taitz reported receiving a grant of 22,293 Summit Hotel Properties common shares. The grant was coded as an award acquisition, meaning it is part of compensation rather than an open-market trade, and increases her direct ownership stake in the company.

Was the INN insider transaction a market purchase or a stock award?

The INN insider transaction was a stock award, not a market purchase. The Form 4 uses code “A” for grant or award and shows a price of $0.00 per share, indicating compensation shares granted by the company instead of shares bought on the open market.

How many Summit Hotel Properties shares does Hope S. Taitz own after this grant?

After the grant, Hope S. Taitz directly owns 148,752 Summit Hotel Properties common shares. This total reflects her updated direct holdings following the 22,293-share stock award reported, giving investors a clearer view of her current ownership stake in the company.

What is the size of the stock award reported by the INN director?

The stock award reported by the INN director totals 22,293 common shares. This grant is recorded at a per-share price of $0.00, consistent with equity compensation, and increases the director’s direct holdings as disclosed in the post-transaction ownership figure on the Form 4.

Does the Form 4 show any stock sales by Hope S. Taitz in INN?

The Form 4 does not show any stock sales by Hope S. Taitz. It reports only a single acquisition transaction coded as a grant or award, with 22,293 shares added and total direct holdings rising to 148,752 Summit Hotel Properties common shares.