[SCHEDULE 13G/A] Summit Hotel Properties, Inc. SEC Filing
The Vanguard Group filed Amendment No. 15 to Schedule 13G on Summit Hotel Properties (INN) covering holdings as of 30 Jun 2025.
- Beneficial ownership: 13,178,484 common shares, equal to 11.74 % of shares outstanding.
- Voting power: 0 sole; 69,079 shared鈥擵anguard exercises very limited voting authority.
- Dispositive power: 13,006,838 sole; 171,646 shared.
- Filed under Rule 13d-1(b) as an investment adviser (IA); securities held in the ordinary course for client accounts.
- Certification signed by Ashley Grim, Head of Global Fund Administration, on 29 Jul 2025.
The filing confirms Vanguard remains a major passive holder of INN. While the 11.74 % stake provides market influence, the near-zero voting power limits its ability to sway corporate governance directly.
The Vanguard Group ha presentato l'Emendamento n. 15 al Modulo 13G relativo a Summit Hotel Properties (INN), con dati aggiornati al 30 giugno 2025.
- Propriet脿 effettiva: 13.178.484 azioni ordinarie, pari al 11,74% delle azioni in circolazione.
- Potere di voto: 0 in esclusiva; 69.079 condivise 鈥� Vanguard esercita un potere di voto molto limitato.
- Potere dispositvo: 13.006.838 in esclusiva; 171.646 condivise.
- Presentato ai sensi della Regola 13d-1(b) come consulente per gli investimenti (IA); titoli detenuti nell'ordinaria gestione dei conti clienti.
- Certificazione firmata da Ashley Grim, Responsabile dell'Amministrazione Globale dei Fondi, in data 29 luglio 2025.
La comunicazione conferma che Vanguard rimane un importante azionista passivo di INN. Sebbene la quota dell'11,74% conferisca un'influenza sul mercato, il potere di voto quasi nullo limita la capacit脿 di influenzare direttamente la governance aziendale.
The Vanguard Group present贸 la Enmienda N掳 15 al Formulario 13G sobre Summit Hotel Properties (INN) con participaciones al 30 de junio de 2025.
- Propiedad beneficiaria: 13.178.484 acciones comunes, equivalentes al 11,74% de las acciones en circulaci贸n.
- Poder de voto: 0 en exclusivo; 69.079 compartidos 鈥� Vanguard ejerce un poder de voto muy limitado.
- Poder dispositvo: 13.006.838 en exclusivo; 171.646 compartidos.
- Presentado bajo la Regla 13d-1(b) como asesor de inversiones (IA); valores mantenidos en el curso ordinario para cuentas de clientes.
- Certificaci贸n firmada por Ashley Grim, Jefa de Administraci贸n Global de Fondos, el 29 de julio de 2025.
La presentaci贸n confirma que Vanguard sigue siendo un accionista pasivo importante de INN. Aunque la participaci贸n del 11,74% otorga influencia en el mercado, el poder de voto casi nulo limita su capacidad para influir directamente en la gobernanza corporativa.
雿� 氡呹皜霌� 攴鸽９鞚� 2025雲� 6鞗� 30鞚� 旮办 Summit Hotel Properties(INN)鞐� 雽�頃� Schedule 13G 靾橃爼鞎� 15順鸽ゼ 鞝滌稖頄堨姷雼堧嫟.
- 鞁れ 靻岇湢甓�: 13,178,484 氤错喌欤�, 鞝勳泊 氚滍枆 欤检嫕鞚� 11.74%鞐� 頃措嫻頃╇媹雼�.
- 鞚橁舶甓�: 雼弲 0欤�; 瓿惦彊 69,079欤� 鈥� 氡呹皜霌滊姅 毵れ毎 鞝滍暅霅� 鞚橁舶甓岇潉 頄夓偓頃╇媹雼�.
- 觳橂秳 甓岉暅: 雼弲 13,006,838欤�; 瓿惦彊 171,646欤�.
- Rule 13d-1(b)鞐� 霐半澕 韴瀽 鞛愲靷�(IA)搿� 鞝滌稖; 瓿犼皾 瓿勳毳� 鞙勴暅 鞚茧皹鞝侅澑 瓯半灅 瓿检爼鞐愳劀 氤挫湢 欷戩澑 歃濌秾鞛呺媹雼�.
- 旮�搿滊矊 韼�霌� 甏�毽� 毂呾瀯鞛愳澑 Ashley Grim鞚� 2025雲� 7鞗� 29鞚�鞐� 靹滊獏頃� 鞚胳靹� 韽暔.
鞚措矆 鞝滌稖鞚� 氡呹皜霌滉皜 INN鞚� 欤检殧 靾橂彊鞝� 欤检＜鞛勳潉 頇曥澑鞁滌紲 欷嶋媹雼�. 11.74% 歆�攵勳潃 鞁滌灔 鞓來枼霠レ潉 鞝滉车頃橃毵�, 瓯办潣 鞐嗠姅 鞚橁舶甓岇溂搿� 鞚疙暣 旮办梾 歆�氚瓣惮臁办棎 歆侅爲鞝侅澑 鞓來枼霠レ潉 頄夓偓頃橂姅 雿半姅 頃滉硠臧� 鞛堨姷雼堧嫟.
The Vanguard Group a d茅pos茅 l'Amendement n掳 15 au formulaire 13G concernant Summit Hotel Properties (INN), couvrant les participations au 30 juin 2025.
- Propri茅t茅 b茅n茅ficiaire : 13 178 484 actions ordinaires, soit 11,74 % des actions en circulation.
- Pouvoir de vote : 0 en propre ; 69 079 partag茅s 鈥� Vanguard exerce un pouvoir de vote tr猫s limit茅.
- Pouvoir dispositif : 13 006 838 en propre ; 171 646 partag茅s.
- D茅pos茅 en vertu de la r猫gle 13d-1(b) en tant que conseiller en investissement (IA) ; titres d茅tenus dans le cours normal des affaires pour des comptes clients.
- Certification sign茅e par Ashley Grim, Responsable de l'administration mondiale des fonds, le 29 juillet 2025.
Le d茅p么t confirme que Vanguard reste un actionnaire passif majeur d'INN. Bien que la participation de 11,74 % conf猫re une influence sur le march茅, le pouvoir de vote quasi nul limite sa capacit茅 脿 influencer directement la gouvernance d'entreprise.
The Vanguard Group reichte die 脛nderung Nr. 15 zum Schedule 13G f眉r Summit Hotel Properties (INN) mit Best盲nden zum 30. Juni 2025 ein.
- Wirtschaftliches Eigentum: 13.178.484 Stammaktien, entsprechend 11,74 % der ausstehenden Aktien.
- Stimmrecht: 0 allein; 69.079 gemeinsam 鈥� Vanguard 眉bt nur sehr eingeschr盲nkte Stimmrechte aus.
- 痴别谤蹿眉驳耻苍驳蝉驳别飞补濒迟: 13.006.838 allein; 171.646 gemeinsam.
- Eingereicht unter Regel 13d-1(b) als Investmentberater (IA); Wertpapiere werden im gew枚hnlichen Gesch盲ftsverlauf f眉r Kundenkonten gehalten.
- Zertifizierung unterzeichnet von Ashley Grim, Leiterin der globalen Fondsverwaltung, am 29. Juli 2025.
Die Einreichung best盲tigt, dass Vanguard weiterhin ein bedeutender passiver Anteilseigner von INN ist. Obwohl der Anteil von 11,74 % Markteinfluss verleiht, begrenzt das nahezu nicht vorhandene Stimmrecht die F盲higkeit, die Unternehmensf眉hrung direkt zu beeinflussen.
- The Vanguard Group holds 11.74 % of Summit Hotel Properties鈥� outstanding shares, underpinning strong, long-term institutional support.
- Vanguard reports zero sole voting power, implying the large stake will not bolster shareholder activism or governance influence.
Insights
TL;DR: Large passive stake signals sustained institutional confidence but offers limited governance influence鈥攎arket impact neutral.
Vanguard鈥檚 11.74 % position keeps a significant portion of INN鈥檚 float in low-turnover hands, potentially stabilising the share price and improving liquidity. However, the absence of sole voting power and the small shared vote bucket suggest Vanguard does not intend to influence strategy or board matters. Because this is Amendment 15, not an initial purchase, the disclosure likely reflects routine re-calculation of outstanding shares rather than a material change in ownership. Overall effect on valuation and control dynamics appears neutral.
TL;DR: 11.74 % ownership without voting rights limits any governance ramifications鈥攏eutral control risk.
From a governance lens, Vanguard鈥檚 filing reiterates its passive stance: it retains dispositive authority for client redemptions but cedes voting power. Thus, despite its size, the stake does not materially shift the balance of power among active shareholders, nor does it indicate an activist agenda. The certification language confirms no intent to influence control of the issuer. Accordingly, investors should not expect board or policy changes stemming from this ownership.
The Vanguard Group ha presentato l'Emendamento n. 15 al Modulo 13G relativo a Summit Hotel Properties (INN), con dati aggiornati al 30 giugno 2025.
- Propriet脿 effettiva: 13.178.484 azioni ordinarie, pari al 11,74% delle azioni in circolazione.
- Potere di voto: 0 in esclusiva; 69.079 condivise 鈥� Vanguard esercita un potere di voto molto limitato.
- Potere dispositvo: 13.006.838 in esclusiva; 171.646 condivise.
- Presentato ai sensi della Regola 13d-1(b) come consulente per gli investimenti (IA); titoli detenuti nell'ordinaria gestione dei conti clienti.
- Certificazione firmata da Ashley Grim, Responsabile dell'Amministrazione Globale dei Fondi, in data 29 luglio 2025.
La comunicazione conferma che Vanguard rimane un importante azionista passivo di INN. Sebbene la quota dell'11,74% conferisca un'influenza sul mercato, il potere di voto quasi nullo limita la capacit脿 di influenzare direttamente la governance aziendale.
The Vanguard Group present贸 la Enmienda N掳 15 al Formulario 13G sobre Summit Hotel Properties (INN) con participaciones al 30 de junio de 2025.
- Propiedad beneficiaria: 13.178.484 acciones comunes, equivalentes al 11,74% de las acciones en circulaci贸n.
- Poder de voto: 0 en exclusivo; 69.079 compartidos 鈥� Vanguard ejerce un poder de voto muy limitado.
- Poder dispositvo: 13.006.838 en exclusivo; 171.646 compartidos.
- Presentado bajo la Regla 13d-1(b) como asesor de inversiones (IA); valores mantenidos en el curso ordinario para cuentas de clientes.
- Certificaci贸n firmada por Ashley Grim, Jefa de Administraci贸n Global de Fondos, el 29 de julio de 2025.
La presentaci贸n confirma que Vanguard sigue siendo un accionista pasivo importante de INN. Aunque la participaci贸n del 11,74% otorga influencia en el mercado, el poder de voto casi nulo limita su capacidad para influir directamente en la gobernanza corporativa.
雿� 氡呹皜霌� 攴鸽９鞚� 2025雲� 6鞗� 30鞚� 旮办 Summit Hotel Properties(INN)鞐� 雽�頃� Schedule 13G 靾橃爼鞎� 15順鸽ゼ 鞝滌稖頄堨姷雼堧嫟.
- 鞁れ 靻岇湢甓�: 13,178,484 氤错喌欤�, 鞝勳泊 氚滍枆 欤检嫕鞚� 11.74%鞐� 頃措嫻頃╇媹雼�.
- 鞚橁舶甓�: 雼弲 0欤�; 瓿惦彊 69,079欤� 鈥� 氡呹皜霌滊姅 毵れ毎 鞝滍暅霅� 鞚橁舶甓岇潉 頄夓偓頃╇媹雼�.
- 觳橂秳 甓岉暅: 雼弲 13,006,838欤�; 瓿惦彊 171,646欤�.
- Rule 13d-1(b)鞐� 霐半澕 韴瀽 鞛愲靷�(IA)搿� 鞝滌稖; 瓿犼皾 瓿勳毳� 鞙勴暅 鞚茧皹鞝侅澑 瓯半灅 瓿检爼鞐愳劀 氤挫湢 欷戩澑 歃濌秾鞛呺媹雼�.
- 旮�搿滊矊 韼�霌� 甏�毽� 毂呾瀯鞛愳澑 Ashley Grim鞚� 2025雲� 7鞗� 29鞚�鞐� 靹滊獏頃� 鞚胳靹� 韽暔.
鞚措矆 鞝滌稖鞚� 氡呹皜霌滉皜 INN鞚� 欤检殧 靾橂彊鞝� 欤检＜鞛勳潉 頇曥澑鞁滌紲 欷嶋媹雼�. 11.74% 歆�攵勳潃 鞁滌灔 鞓來枼霠レ潉 鞝滉车頃橃毵�, 瓯办潣 鞐嗠姅 鞚橁舶甓岇溂搿� 鞚疙暣 旮办梾 歆�氚瓣惮臁办棎 歆侅爲鞝侅澑 鞓來枼霠レ潉 頄夓偓頃橂姅 雿半姅 頃滉硠臧� 鞛堨姷雼堧嫟.
The Vanguard Group a d茅pos茅 l'Amendement n掳 15 au formulaire 13G concernant Summit Hotel Properties (INN), couvrant les participations au 30 juin 2025.
- Propri茅t茅 b茅n茅ficiaire : 13 178 484 actions ordinaires, soit 11,74 % des actions en circulation.
- Pouvoir de vote : 0 en propre ; 69 079 partag茅s 鈥� Vanguard exerce un pouvoir de vote tr猫s limit茅.
- Pouvoir dispositif : 13 006 838 en propre ; 171 646 partag茅s.
- D茅pos茅 en vertu de la r猫gle 13d-1(b) en tant que conseiller en investissement (IA) ; titres d茅tenus dans le cours normal des affaires pour des comptes clients.
- Certification sign茅e par Ashley Grim, Responsable de l'administration mondiale des fonds, le 29 juillet 2025.
Le d茅p么t confirme que Vanguard reste un actionnaire passif majeur d'INN. Bien que la participation de 11,74 % conf猫re une influence sur le march茅, le pouvoir de vote quasi nul limite sa capacit茅 脿 influencer directement la gouvernance d'entreprise.
The Vanguard Group reichte die 脛nderung Nr. 15 zum Schedule 13G f眉r Summit Hotel Properties (INN) mit Best盲nden zum 30. Juni 2025 ein.
- Wirtschaftliches Eigentum: 13.178.484 Stammaktien, entsprechend 11,74 % der ausstehenden Aktien.
- Stimmrecht: 0 allein; 69.079 gemeinsam 鈥� Vanguard 眉bt nur sehr eingeschr盲nkte Stimmrechte aus.
- 痴别谤蹿眉驳耻苍驳蝉驳别飞补濒迟: 13.006.838 allein; 171.646 gemeinsam.
- Eingereicht unter Regel 13d-1(b) als Investmentberater (IA); Wertpapiere werden im gew枚hnlichen Gesch盲ftsverlauf f眉r Kundenkonten gehalten.
- Zertifizierung unterzeichnet von Ashley Grim, Leiterin der globalen Fondsverwaltung, am 29. Juli 2025.
Die Einreichung best盲tigt, dass Vanguard weiterhin ein bedeutender passiver Anteilseigner von INN ist. Obwohl der Anteil von 11,74 % Markteinfluss verleiht, begrenzt das nahezu nicht vorhandene Stimmrecht die F盲higkeit, die Unternehmensf眉hrung direkt zu beeinflussen.
FAQ
What percentage of Summit Hotel Properties (INN) does Vanguard own?
How many INN shares can Vanguard vote?
Is Vanguard鈥檚 stake considered passive or activist?
When is the ownership data effective?
Under which SEC rule did Vanguard file this Schedule 13G?
