Key facts
- This page summarizes Jonathan P. Stanner's Form 4 filing for Summit Hotel Properties, Inc. (INN).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 11 Mar 2025, 17:30.
Jonathan P. Stanner - 07 Mar 2025 Form 4 Insider Report for Summit Hotel Properties, Inc. (INN)
- Reporting relationship
- President, CEO & Director, Director
- Issuer ticker
- INN
- Reported as of
- 07 Mar 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 11 Mar 2025, 17:30:41 UTC
- Prior SEC filing
- 25 Mar 2024
- Next SEC filing
- 28 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Christopher R. Eng, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jonathan P. Stanner filed Form 4 for Summit Hotel Properties, Inc. (INN) on 11 Mar 2025.
Change
- Previous filing in this sequence was filed on 25 Mar 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
INN
transaction
Common Stock (Time-Based Vesting)
Award
- Transaction value
- $0
- Shares
- +206,896
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 1,633,571
- Date
- 07 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
INN
transaction
Common Stock (Performance-Based Vesting)
Award
- Transaction value
- $0
- Shares
- +310,345
- Change %
- +19%
- Price
- $0.000000
- Shares after
- 1,943,916
- Date
- 07 Mar 2025
- Ownership
- Direct
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Represents shares of restricted common stock granted to the reporting person under the Issuer's 2024 Equity Incentive Plan. The restricted shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer, on March 9, 2026 (25% of the shares granted), March 9, 2027 (25% of the shares granted) and March 9, 2028 (the remaining 50% of the shares granted).
Footnote F2
Represents shares of restricted common stock granted to the reporting person under the Issuer's 2024 Equity Incentive Plan. The restricted shares shall become vested and nonforfeitable on March 7, 2028, if the reporting person remains in the continued service as an employee of the Issuer and the Issuer's cumulative total shareholder return (TSR) for the period starting March 7, 2025, and ending March 7, 2028, exceeds at least 25.5% of its peer group, which shall include certain constituents of the Dow Jones U.S. Hotels Index. The number of shares will convert at a range from 25% to 200% of the shares granted to the reporting person based upon the Issuer's cumulative TSR performance compared to its peer group for the reporting period.