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Leslie T. Kutasi, a trustee of InnsSuites Hospitality Trust (NYSE:IHT), a small-cap hospitality company with a market capitalization of $21.9 million, sold 4,999 shares of the company’s stock on September 29, 2025. According to InvestingPro data, IHT’s stock has shown significant volatility, falling nearly 22% over the past six months. The shares were sold at a price of $9248.15, for a total transaction value of $46,231,501.
Following the transaction, Kutasi directly owns 80,000 shares of InnsSuites Hospitality Trust.
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. During the meeting, 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, faced 353,235 votes against, and had 372,677 abstentions. These developments highlight the company’s ongoing governance activities.
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