Director Amina Belouizdad granted 22,293 shares at Summit Hotel (NYSE: INN)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Summit Hotel Properties, Inc. director Amina Belouizdad received a grant of 22,293 shares of Common Stock as a stock award. The shares were acquired at a stated price of $0.00 per share, reflecting compensation rather than an open-market purchase. Following this award, Belouizdad directly holds 105,543 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Belouizdad Amina
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,293 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 105,543 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 22,293 shares
Grant price per share: $0.00 per share
Total holdings after grant: 105,543 shares
3 metrics
Shares granted
22,293 shares
Common Stock grant reported on Form 4
Grant price per share
$0.00 per share
Stated acquisition price for the award
Total holdings after grant
105,543 shares
Director’s direct Common Stock position after transaction
Key Terms
Common Stock, Grant, award, or other acquisition, direct ownership, Form 4
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
direct ownership financial
"ownership_type: "direct""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Summit Hotel Properties (INN) disclose in this Form 4?
Summit Hotel Properties disclosed that director Amina Belouizdad received a grant of 22,293 shares of Common Stock as compensation. This stock award increased her direct holdings to 105,543 shares, according to the Form 4 insider transaction report.
Is this INN Form 4 transaction an open-market buy or a compensation award?
This Form 4 reflects a compensation award, not an open-market buy. The transaction code is described as a grant, award, or other acquisition, with 22,293 shares received at $0.00 per share, which is characteristic of stock-based compensation to a company director.