JR Chase - May 26, 2023 Form 4 Insider Report for INNSUITES HOSPITALITY TRUST (IHT)

Role
TRUSTEE
Signature
/s/ JR Chase
Stock symbol
IHT
Transactions as of
May 26, 2023
Transactions value $
$6,120,000
Form type
4
Date filed
5/30/2023, 05:25 PM
Previous filing
May 11, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IHT INNSUITES HOSPITALITY REIT Purchase $6.12M +2K +3.29% $3,060.00* 62.8K May 26, 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).