---
schema_version: "secwatch.filing_event.v1"
accession: "0001497645-24-000051"
form_type: "8-K"
ticker: "INN"
cik: "0001497645"
company_name: "Summit Hotel Properties, Inc."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:09:18.384511+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Stockholders approve 2024 Equity Incentive Plan; all directors re-elected

## Summary
- Plan authorizes 4,406,174 common shares: 1,271,174 from prior plan plus 3,135,000 new shares.
- Plan replaces 2011 Equity Incentive Plan; no further grants under 2011 Plan.
- All eight director nominees elected; Hope S. Taitz received 64.5M for vs. 18.9M against.
- Ratification of Ernst & Young as auditor for FY2024 approved with 98.8% of votes cast.
- Say-on-pay approved (80.9M for); say-when-on-pay frequency set to annual.

## SEC filing metadata
- accession: 0001497645-24-000051
- form_type: 8-K
- ticker: INN
- cik: 0001497645
- company_name: Summit Hotel Properties, Inc.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1497645/000149764524000051/0001497645-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497645/000149764524000051/inn-20240522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001497645-24-000051
- JSON: https://secwatch.observer/filing/0001497645-24-000051.json
- Plain text: https://secwatch.observer/filing/0001497645-24-000051.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.