Bright Force Investment, LLC - 10 Mar 2025 Form 4 Insider Report for Summit Hotel Properties, Inc. (INN)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
12 Mar 2025, 13:54:56 UTC
Prior SEC filing
10 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
BRIGHT FORCE INVESTMENT, LLC By: /s/ Chirag Patel Name: Chirag Patel Title: Manager

Key filing fact

Bright Force Investment, LLC filed Form 4 for Summit Hotel Properties, Inc. (INN) on 12 Mar 2025.

Key facts

  • This page summarizes Bright Force Investment, LLC's Form 4 filing for Summit Hotel Properties, Inc. (INN).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 12 Mar 2025, 13:54.

Change

  • Previous filing in this sequence was filed on 10 Mar 2025.
  • Current net transaction value: -$135,301.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INN transaction

Common Stock

Sale

Transaction value
$135,301
Shares
-21,207
Change %
-1.3%
Price
$6.38
Shares after
1,578,793
Date
10 Mar 2025
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INN holding Derivative

Partnership Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
13,306,084
Date
10 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,306,084
Exercise price
Footnotes
F1, 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

Held directly by Bright Force Investment, LLC, a limited liability company wholly-owned by NewcrestImage Holdings, LLC.

Footnote F2

Represents common units of limited partnership interest ("OP Units") in Summit Hotel OP, LP, the operating partnership of the Issuer (the "Operating Partnership"). Each OP Unit is redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Operating Partnership may, at its election, cause the Issuer to acquire some or all of the OP Units so presented on a one to one basis for shares of the Issuer's common stock. These redemption rights have no expiration date.

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