Jonathan P. Stanner - Mar 28, 2025 Form 4 Insider Report for Summit Hotel Properties, Inc. (INN)

Role
President, CEO & Director, Director
Signature
/s/ Christopher R. Eng, as Attorney-in-Fact
Stock symbol
INN
Transactions as of
Mar 28, 2025
Transactions value $
$0
Form type
4
Date filed
3/28/2025, 05:12 PM
Previous filing
Mar 11, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INN Common Stock Disposed to Issuer $0 -91.2K -4.69% $0.00 1.85M Mar 28, 2025 Direct F1
transaction INN Common Stock Tax liability $0 -130K -7% $0.00 1.72M Mar 28, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock that were subject to performance-based vesting conditions previously granted to the reporting person under the Issuer's 2011 Equity Incentive Plan As Amended and Restated that were forfeited as a result of performance metrics not being met.
F2 Represents shares of common stock surrendered to the Issuer to satisfy the reporting person's tax withholding obligations related to vesting of previously issued restricted common stock awards.