Director at Summit Hotel Properties (NYSE: INN) awarded 22,293 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Storey Thomas W. reported acquisition or exercise transactions in this Form 4 filing.
Summit Hotel Properties, Inc. director Thomas W. Storey reported a compensation-related stock award. He received 22,293 shares of Common Stock on May 20, 2026 with a reported price of $0.0000 per share, increasing his directly held position to 253,630 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Storey Thomas W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,293 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 253,630 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 22,293 shares
Grant price: $0.0000 per share
Shares owned after: 253,630 shares
+1 more
4 metrics
Shares granted
22,293 shares
Common Stock award on May 20, 2026
Grant price
$0.0000 per share
Reported transaction price for stock award
Shares owned after
253,630 shares
Direct Common Stock holdings following transaction
Acquisition transactions
1 transaction
Non-derivative grant/award acquisition on Form 4
Key Terms
Form 4, grant/award acquisition, Common Stock
3 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4): director transaction disclosure"
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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition" for Common Stock"
Common Stock financial
"security_title: "Common Stock" in non-derivative transaction"
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.
FAQ
What insider transaction did Summit Hotel Properties (INN) report for Thomas W. Storey?
Summit Hotel Properties reported that director Thomas W. Storey received a stock award of 22,293 Common Stock shares. The transaction was coded as a grant or award, indicating a compensation-related acquisition rather than an open-market trade.
What are Thomas W. Storey’s total Summit Hotel Properties (INN) holdings after this Form 4?
Following the reported grant, Thomas W. Storey directly holds 253,630 shares of Summit Hotel Properties Common Stock. This total includes the newly awarded 22,293 shares, as disclosed in the post-transaction ownership figure on the Form 4.
Was the Summit Hotel Properties (INN) Form 4 transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It was coded “A” for grant, award, or other acquisition, with a price of $0.0000 per share, indicating shares were received as equity compensation rather than purchased or sold in the market.
Does the Summit Hotel Properties (INN) Form 4 show any insider sales by Thomas W. Storey?
The Form 4 does not show any insider sales for Thomas W. Storey. It reports a single acquisition transaction coded as a grant or award, with no sell transactions or dispositions disclosed in the summarized data.