Director Jeffrey W. Jones receives 22,293-share grant in Summit Hotel (NYSE: INN)

Rhea-AI Filing Summary

JONES JEFFREY W reported acquisition or exercise transactions in this Form 4 filing.

Summit Hotel Properties, Inc. director Jeffrey W. Jones received a grant of 22,293 shares of Common Stock on May 20, 2026 at no stated purchase price. After this award, he directly holds a total of 166,835 shares, reflecting routine equity-based compensation rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider JONES JEFFREY W

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

Equity grant size: 22,293 shares Grant price: $0.0000 per share Post-transaction holdings: 166,835 shares +2 more

5 metrics

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

Grant price $0.0000 per share Recorded price for the stock award

Post-transaction holdings 166,835 shares Total Common Stock directly held after grant

Buy transactions in filing 0 No open-market purchases reported

Sell transactions in filing 0 No sales or dispositions reported

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^*

JONES JEFFREY W

(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 INN director Jeffrey W. Jones report?

Director Jeffrey W. Jones reported receiving a grant of 22,293 shares of Summit Hotel Properties Common Stock. The grant was recorded at a price of $0.0000 per share, indicating it was an equity award rather than a purchase in the open market.

How many Summit Hotel Properties (INN) shares does Jeffrey W. Jones now hold?

Following the reported grant, Jeffrey W. Jones directly holds 166,835 shares of Summit Hotel Properties Common Stock. This total includes the 22,293-share award disclosed in the filing and represents his direct ownership position after the transaction on May 20, 2026.

Was the INN insider transaction a stock purchase or an equity award?

The INN insider transaction was an equity award, not an open-market stock purchase. It is coded as a grant or award acquisition, with 22,293 shares of Common Stock received at a recorded price of $0.0000 per share, typical of compensation-related grants.

Did Jeffrey W. Jones sell any Summit Hotel Properties (INN) shares in this filing?

No, the filing shows no sales of Summit Hotel Properties shares by Jeffrey W. Jones. It reports only an acquisition coded as a grant or award of 22,293 Common Stock shares, increasing his direct holdings to 166,835 shares following the transaction.

Does this INN Form 4 include any option exercises or derivative activity?

This INN Form 4 does not report any option exercises or derivative transactions. The derivativeSummary is empty, and the only transaction is a non-derivative grant of 22,293 Common Stock shares, classified as a grant, award, or other acquisition.