{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-092735","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2026-08-07T20:27:35+00:00","discovered_at":"2026-08-07T20:29:00.420221+00:00","generated_at":"2026-08-07T20:31:30.079990+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Summit Hotel Properties launches $200M ATM equity program with forward sales","bullets":["Equity distribution agreement dated Aug 7, 2026 allows sale of up to $200M common stock via 15 managers.","Proceeds to fund hotel acquisitions, repay debt, capital improvements, and general corporate purposes.","Sales at market prices on NYSE; manager commissions capped at 2.0% of gross sales price.","Forward sale agreements permit physical, cash, or net share settlement; company expects physical settlement.","Program uses existing shelf registration (File No. 333-293752) with prospectus supplement dated Aug 7, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-092735","json":"https://secwatch.observer/filing/0001104659-26-092735.json","markdown":"https://secwatch.observer/filing/0001104659-26-092735.md","text":"https://secwatch.observer/filing/0001104659-26-092735.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000110465926092735/0001104659-26-092735-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000110465926092735/tm2622233d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-07T20:31:30.079990+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"}