Summit Hotel (INN) Director Hope Taitz Receives 22,293-Share Award

What Happened

• Hope S. Taitz, a director of Summit Hotel Properties, Inc. (ticker: INN), was granted 22,293 shares on 2026-05-20. The Form 4 reports the acquisition as an award/grant (transaction code A) at a reported price of $0.00, so no purchase price was paid for the shares.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (timely filing).
• Shares granted: 22,293; reported price per share: $0.00; total reported cash value: $0.
• Transaction code: A (award/grant of securities).
• Shares owned after the transaction: not specified in the provided filing summary.
• No 10b5-1 plan, tax withholding, or other footnotes were indicated in the summary provided.

Context

• An award (code A) typically means shares were granted as compensation (e.g., restricted stock or similar); the $0.00 price indicates an issuance rather than an open-market purchase. Such grants are common as part of director compensation and do not by themselves indicate a buy/sell market signal. For details on vesting or restrictions, check the company’s proxy statement or 8-K disclosures describing the equity award plan.