Form 4: Amina Belouizdad Reports Acquisition and Disposal of Summit Hotel Properties Stock
SEC Form 4 Filing
Director Amina Belouizdad reports acquiring 18,213 shares and disposing of 56,132 shares of Summit Hotel Properties, Inc. on May 28, 2024.
Summary
- On May 28, 2024, Amina Belouizdad, a director of Summit Hotel Properties, Inc., acquired 18,213 shares of common stock.
- The acquisition was made at a price of $0 per share.
- On the same day, Ms. Belouizdad disposed of 56,132 shares of common stock.
- Following these transactions, Ms. Belouizdad beneficially owns 56,132 shares of Summit Hotel Properties, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their trading activities. This filing indicates changes in Amina Belouizdad's holdings of Summit Hotel Properties stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into their perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of stock acquisition and disposal. |
| 05/29/2024 | Date of signature by Attorney-in-Fact. |
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