JAMES F. WIRTH - 26 May 2023 Form 4 Insider Report for INNSUITES HOSPITALITY TRUST (IHT)

Signature
/s/ James F. Wirth
Issuer symbol
IHT
Transactions as of
26 May 2023
Transactions value $
$7,320,000
Form type
4
Filing time
30 May 2023, 17:25:26 UTC
Previous filing
11 May 2023
Next filing
01 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IHT INNSUITES HOSPITALITY REIT Purchase $7.32M +2K +0.03% $3,660.00* 5.93M 26 May 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).