Jonathan P. Stanner - 09 Mar 2026 Form 4 Insider Report for Summit Hotel Properties, Inc. (INN)

Signature
/s/ Christopher R. Eng
Issuer symbol
INN
Transactions as of
09 Mar 2026
Net transactions value
$0
Form type
4
Filing time
10 Mar 2026, 17:00:21 UTC
Previous filing
28 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stanner Jonathan P President, CEO & Director, Director 13215 BEE CAVE PARKWAY,, SUITE B-300, AUSTIN /s/ Christopher R. Eng 10 Mar 2026 0001704002

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INN Common Stock Award +292,683 +17% $0.000000* 2,015,758 09 Mar 2026 Direct F1
transaction INN Common Stock Award +439,024 +22% $0.000000* 2,454,782 09 Mar 2026 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time Based Vesting - 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, 2027 (25% of the shares granted), March 9, 2028 (25% of the shares granted) and March 9, 2029 (the remaining 50% of the shares granted).
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 9, 2029, 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 9, 2026, and ending March 9, 2029, 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.