BlackRock, Inc. Increases Stake in Summit Hotel Properties, Inc. to 8.0%

On April 7, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting an increased stake in Summit Hotel Properties, Inc. (INN). As of the event date on March 31, 2026, BlackRock beneficially owns 8,680,390 shares of common stock, representing 8.0% of the company. This filing marks the seventh amendment to their previous disclosures regarding this position. The report indicates that BlackRock holds sole voting power over 8,537,614 shares and sole dispositive power over the full 8,680,390 shares. The filing was made under Rule 13d-1(b), identifying BlackRock as a parent holding company. Various subsidiaries under the BlackRock umbrella are identified as having the right to receive dividends or proceeds from the sale of these securities, though no single person's interest exceeds 5% of the total outstanding common shares. BlackRock certified that these shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.