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[SCHEDULE 13G] Summit Hotel Properties, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary

State Street Corporation reports beneficial ownership of 4,922,579 shares of Summit Hotel Properties, representing 4.4% of the company's common stock. The filing shows shared voting power of 4,533,490, shared dispositive power of 4,922,579, and no sole voting or dispositive power. The reporting person is classified as HC and the statement indicates the ownership is 5 percent or less of the class.

Certain State Street affiliates identified in the schedule are listed as investment advisers through which the position is held. The filing includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive
  • None.
Negative
  • None.

Insights

Routine institutional disclosure: State Street holds a 4.4% position with shared voting and dispositive power; limited material impact.

The Schedule 13G reports a passive beneficial stake of 4,922,579 shares (4.4%). All voting and dispositive power is reported as shared, with zero sole power, indicating collective management of the position rather than direct control. Because the stake is below 5% and the filer certifies ordinary-course holdings, this disclosure is informational and unlikely to represent an immediate change to the company's governance or strategy.

Disclosure shows shared authority via adviser affiliates; below-control threshold and described as ordinary-course holdings.

The filing names multiple State Street affiliates as investment-adviser entities through which the shares are held, and explicitly records shared voting power of 4,533,490 and shared dispositive power of 4,922,579. The classification and the certification language align with a passive institutional holding rather than an activist or control-seeking position. From a governance perspective, this is a standard transparency filing without reported intent to influence control.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



STATE STREET CORPORATION
Signature:ELIZABETH SCHAEFER
Name/Title:SENIOR VICE PRESIDENT, CHIEF ACCOUNTING OFFICER
Date:08/08/2025

FAQ

How many shares does State Street report owning in Summit Hotel Properties (INN)?

The filing reports 4,922,579 shares, representing 4.4% of the company's common stock.

Does State Street have sole voting or dispositive power over the INN shares?

No. The filing shows sole voting power: 0 and sole dispositive power: 0; voting and dispositive power are reported as shared.

Is State Street's ownership of INN more than 5%?

No. The filing indicates ownership is 4.4%, which is 5 percent or less of the class.

Which State Street affiliates are identified in the Schedule 13G filing?

Affiliates listed include SSGA Funds Management, Inc.; State Street Global Advisors Europe Limited; State Street Global Advisors Limited; State Street Global Advisors Trust Company; State Street Global Advisors, Australia, Limited; State Street Global Advisors, Ltd.

How does State Street describe the purpose of its holdings in INN?

The filing certifies the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.
Summit Hotel Pptys Inc

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