GreenTree Hospitality (GHG) director reports 1.396M class A shares

Rhea-AI Filing Summary

GreenTree Hospitality Group Ltd. director Karns Gregory James filed an initial ownership report showing beneficial ownership of 1,396,000 class A shares. These shares are reported as held indirectly through a family trust, meaning the position is recorded but no new purchase or sale is disclosed.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Karns Gregory James

Role Director

Type	Security	Shares	Price	Value
holding	class A shares	--	--	--

Holdings After Transaction: class A shares — 1,396,000 shares (Indirect, shares are held by family trust)

Footnotes (1)

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Karns Gregory James

(Last) (First) (Middle)

424 WESTBOURNE DRIVE

(Street)

WEST HOLLYWOOD CALIFORNIA 90048

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/19/2026

3. Issuer Name and Ticker or Trading Symbol
GreenTree Hospitality Group Ltd. [ ghg ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
class A shares	1,396,000	I	shares are held by family trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	greg karns	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the GreenTree (GHG) Form 3 filing by Karns Gregory James show?

The Form 3 shows Karns Gregory James as a director reporting beneficial ownership of 1,396,000 class A shares. The shares are held indirectly through a family trust, documenting his existing position rather than a new transaction.

Did Karns Gregory James buy or sell GreenTree (GHG) shares in this Form 3?

The Form 3 does not report any buy or sell transaction. It records an existing indirect holding of 1,396,000 class A shares through a family trust, serving as an initial ownership statement for his role as director.

How many GreenTree (GHG) shares does Karns Gregory James report owning?

He reports beneficial ownership of 1,396,000 class A shares. The filing lists this amount as shares held indirectly via a family trust, indicating his economic interest in the company through that entity.

Is the GreenTree (GHG) Form 3 holding by Karns Gregory James direct or indirect?

The reported ownership is indirect. The Form 3 states the 1,396,000 class A shares are held by a family trust, meaning the trust is the legal holder while he is treated as the beneficial owner.

What type of security is disclosed in the GreenTree (GHG) Form 3?

The filing covers class A shares of GreenTree Hospitality Group Ltd. It reports a total beneficial holding of 1,396,000 class A shares indirectly owned through a family trust, with no derivatives listed.