secwatch.observer — SEC 8-K summary
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Issuer:     Summit Hotel Properties, Inc. (INN)
CIK:        0001497645
Form:       8-K
Filed at:   2024-05-23T23:59:59+00:00
Accession:  0001497645-24-000051
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1497645/000149764524000051/0001497645-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1497645/000149764524000051/inn-20240522.htm
  HTML page:      https://secwatch.observer/filing/0001497645-24-000051

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