Summit Hotel Properties, Inc. 8-K Report: Key Financial Insights for Investors

Based on the provided section of the financial report, here are the extracted key pieces of information and insights:

1. Entity Information:

• Company Name: Summit Hotel Properties, Inc.
• CIK (Central Index Key): 0001497645
• SEC Filing Type: 8-K
• Filing Date: February 24, 2025
• Address: 13215 Bee Cave Parkway, Suite B-300, Austin, TX 78738
• Phone Number: 512-538-2300

2. Stock Information:

• Common Stock:
• • Par Value: $0.01
  • Ticker Symbol: INN
  • Exchange: NYSE
• Preferred Stock:
• • Series E Cumulative Redeemable Preferred Stock:
  • Par Value: $0.01
  • Ticker Symbol: INN-PE
  • Exchange: NYSE
  • Series F Cumulative Redeemable Preferred Stock:
  • Par Value: $0.01
  • Ticker Symbol: INN-PF
  • Exchange: NYSE

3. Reporting Period:

• The report covers a specific date: February 24, 2025.

4. Stock Classification:

• The report details classifications for Common Stock and two series of Cumulative Redeemable Preferred Stock, indicating the company's structure in terms of equity financing.

5. Key Insights:

• The filing is a Form 8-K, which typically reports significant events that shareholders should know. This could indicate a recent event affecting the company’s financial status or operations.
• The presence of cumulative redeemable preferred stock suggests the company may be using this instrument for capital raising while providing certain rights to investors, such as a fixed dividend.

This information is crucial for investors and analysts assessing the financial health and capital structure of Summit Hotel Properties, Inc.