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Wirth sells Innsuites Hospitality Trust (IHT) shares for $256m

Published 10/10/2025, 22:32
Wirth sells Innsuites Hospitality Trust (IHT) shares for $256m
IHT
-0.65%

James F. Wirth, President & CEO, Chairman and a ten percent owner of Innsuites Hospitality Trust (IHT), disposed of 12,500 shares of company stock on October 9, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $20500.0, for a total value of $256250000.

Following the transaction, Wirth indirectly owns 6181796 shares through his spouse. With a market capitalization of $19.4 million, IHT operates in a challenging environment. InvestingPro subscribers can access 11 additional key insights about IHT’s financial position and market performance.

In other recent news, InnSuites Hospitality Trust held its 2025 Annual Meeting of Shareholders, where key proposals were approved. The meeting saw participation from 7,172,442 shares, either in person or by proxy, ensuring a quorum. Shareholders elected James F. Wirth and Leslie T. Kutasi as trustees. Wirth secured 6,797,769 votes in favor, with 8,556 votes against and 366,117 abstentions. Meanwhile, Kutasi received 6,446,530 votes in favor, 353,235 votes against, and 372,677 abstentions. These developments reflect the ongoing governance processes within the company.

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