{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-032488","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2022-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.735235+00:00","generated_at":"2026-06-26T23:56:25.995981+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Summit Hotel Properties approves 2022 executive comp: CEO salary $700K, time & performance shares","bullets":["CEO Stanner base salary $700K, CFO Conkling $470K, EVP Eng $375K, SVP Ruiz $315K for 2022.","Time-based stock awards: Stanner 122,574 shares; Conkling 44,944; Eng 18,386; Ruiz 18,386; vest over 3 years.","Performance-based stock awards at target: Stanner 183,861 shares; Conkling 67,416; Eng 27,579; Ruiz 27,579; TSR vs hotel REIT peers.","Cash bonuses: CEO threshold 75% ($525K), target 150% ($1.05M), max 300% ($2.1M); weighted RevPAR, EBITDA, transactions, individual.","Compensation program developed with advisory from Frederic W. Cook & Co."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-032488","json":"https://secwatch.observer/filing/0001104659-22-032488.json","markdown":"https://secwatch.observer/filing/0001104659-22-032488.md","text":"https://secwatch.observer/filing/0001104659-22-032488.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000110465922032488/0001104659-22-032488-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000110465922032488/tm228887d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T23:56:25.995981+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}