4Filed Sep 17, 8:00 PM ET
INNSUITES (IHT) EVP Marc E. Berg Sells 16,000 Shares
$IHT · INNSUITES HOSPITALITY TRUSTResearch Summary
AI-generated summary of this SEC filing
INNSUITES (IHT) EVP Marc E. Berg Sells 16,000 Shares
What Happened
- Marc E. Berg, EVP & Secretary/Treasurer of INNSUITES HOSPITALITY TRUST (IHT), reported a sale of 16,000 shares on 2026-09-17. The filing lists the disposition as an open market or private sale (transaction code S) at a reported aggregate value of $361,497,600 (price listed as $22,593.60 per share).
- This was a sale (not a purchase or option exercise), which is typically a liquidity or portfolio-management event rather than a direct bullish signal.
Key Details
- Transaction date: 2026-09-17; Filing date (Form 4): 2026-09-18 (appears timely under Form 4 rules).
- Price: $22,593.60 per share (as reported); Shares sold: 16,000; Total reported proceeds: $361,497,600.
- Transaction type/code: Sale (S) — described as "open market or private sale" in the filing.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, tax withholding, or other footnotes were indicated in the summary provided.
Context
- Sales by executives can reflect many non-public personal or financial reasons (liquidity, diversification, tax planning) and do not by themselves prove insider sentiment about the company’s outlook. This filing is a straightforward insider sale; consult the full Form 4 for any additional footnotes or holdings data.