Filing Details

Accession Number:
0001104659-25-022926
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-12 13:54:56
Reporting Period:
2025-03-10
Filing Date:
2025-03-12
Accepted Time:
2025-03-12 13:54:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1497645 Summit Hotel Properties Inc. INN Real Estate Investment Trusts (6798) 272962512
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1905505 Bright Force Investment, Llc 1785 State Highway 26, Suite 400
Grapevine TX 76051
No No Yes No
1905507 Newcrestimage Holdings, Llc 1785 State Highway 26, Suite 400
Grapevine TX 76051
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2025-03-10 21,207 $6.38 1,578,793 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Partnership Units $0.00 13,306,084 13,306,084 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
13,306,084 13,306,084 Direct
Footnotes
  1. Held directly by Bright Force Investment, LLC, a limited liability company wholly-owned by NewcrestImage Holdings, LLC.
  2. 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.