{"filing":{"accession_number":"0001104659-26-092735","cik":"0001497645","ticker":"INN-PF","company_name":"Summit Hotel Properties, Inc.","form":"8-K","filing_date":"2026-08-07","report_date":"2026-08-07","primary_document":"tm2622233d2_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1497645/000110465926092735/tm2622233d2_8k.htm"},"events":[{"id":25075,"run_id":22748,"accession_number":"0001104659-26-092735","anchor_item_number":"8.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Summit Hotel Properties entered into an at-the-market (ATM) equity distribution agreement on August 7, 2026, authorizing the sale of up to $200 million in common stock through multiple sales agents. The filing explicitly describes sales \"deemed to be 'at-the-market offerings' as defined in Rule 415 under the Securities Act,\" and includes forward sale arrangements where Forward Purchasers will borrow and sell shares to hedge their exposure. This is a classic dilutive equity issuance that would materially affect existing shareholders through potential dilution and is a significant capital-raising event for the REIT.","company_name":"Summit Hotel Properties, Inc.","ticker":"INN-PF","filing_date":"2026-08-07","form":"8-K","submitted_at":null,"items":[{"id":25820,"accession_number":"0001104659-26-092735","item_number":"8.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Summit Hotel Properties entered into an at-the-market (ATM) equity distribution agreement on August 7, 2026, authorizing the sale of up to $200 million in common stock through multiple sales agents. The filing explicitly describes sales \"deemed to be 'at-the-market offerings' as defined in Rule 415 under the Securities Act,\" and includes forward sale arrangements where Forward Purchasers will borrow and sell shares to hedge their exposure. This is a classic dilutive equity issuance that would materially affect existing shareholders through potential dilution and is a significant capital-raising event for the REIT.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T00:21:39.307673+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":25820,"accession_number":"0001104659-26-092735","item_number":"8.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Summit Hotel Properties entered into an at-the-market (ATM) equity distribution agreement on August 7, 2026, authorizing the sale of up to $200 million in common stock through multiple sales agents. The filing explicitly describes sales \"deemed to be 'at-the-market offerings' as defined in Rule 415 under the Securities Act,\" and includes forward sale arrangements where Forward Purchasers will borrow and sell shares to hedge their exposure. This is a classic dilutive equity issuance that would materially affect existing shareholders through potential dilution and is a significant capital-raising event for the REIT.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T00:21:39.307673+00:00","company_name":"Summit Hotel Properties, Inc.","ticker":"INN-PF","filing_date":"2026-08-07"}]}
