Asia FX muted despite Fed cut bets; Japanese yen slides after PM Ishiba resigns
In a Form 4 filing with the Securities and Exchange Commission, InnsSuites Hospitality Trust (EXCHANGE:IHT) Trustee Leslie T. Kutasi reported selling 1 share of the company’s stock on August 29, 2025. The micro-cap hospitality company, currently valued at $22.23 million, has seen its stock decline by over 30% in the past six months. The share was sold at a price of $1.91, for a total value of $1.91. Following the transaction, Kutasi directly owns 89,999 shares of InnsSuites Hospitality Trust. InvestingPro analysis reveals concerning metrics about the company’s financial health, with a WEAK overall score and negative earnings of -$0.16 per share over the last twelve months. Subscribers can access 8 additional key insights about IHT’s valuation and financial position.
In other recent news, InnSuites Hospitality Trust held its 2025 Annual Meeting of Shareholders, where several key proposals were approved. The meeting saw participation from 7,172,442 shares either in person or by proxy, which constituted a quorum. Shareholders elected James F. Wirth and Leslie T. Kutasi as trustees. Wirth received 6,797,769 votes in favor, with 8,556 votes against and 366,117 abstentions. Meanwhile, Kutasi garnered 6,446,530 votes in favor, 353,235 votes against, and 372,677 abstentions. Additionally, the company announced a dividend, further engaging its investors with financial returns. These developments reflect the company’s ongoing governance activities and commitment to shareholder engagement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.