Form 4: Kenneth J. Kay Reports Changes in Beneficial Ownership of Summit Hotel Properties, Inc. Shares
SEC Form 4 Filing
Director Kenneth J. Kay reports acquisition and disposal of Summit Hotel Properties, Inc. shares on May 28, 2024.
Summary
- On May 28, 2024, Kenneth J. Kay, a director of Summit Hotel Properties, Inc., reported a transaction involving the company's common stock.
- Kay acquired 18,213 shares of common stock at $0.
- Following the reported transaction, Kay beneficially owns 117,424 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is a normal part of corporate governance and regulatory compliance.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction involving common stock. |
| 05/29/2024 | Date of signature for the report. |
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