Summit Hotel Properties, Inc.
For the period ended Jun 30, 2026. Filed Aug 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 5, 2026
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Item 4. Controls and Procedures
Controls and Procedures
Disclosure Controls and Procedures
Our management team evaluated, with the participation of our principal executive officer, who currently is also our interim principal financial officer, the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) as of June 30, 2026. Based on that evaluation, our principal executive officer, who currently is also our interim principal financial officer concluded that, as of June 30, 2026, our disclosure controls and procedures were effective to provide reasonable assurance that information required to be disclosed in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities Exchange Commission’s rules and forms, and that such information is accumulated and communicated to our management to allow timely decisions regarding required disclosure.
Changes in Internal Control Over Financial Reporting
On June 12, 2026, the Company announced the departure of its Chief Financial Officer, as previously disclosed in a Current Report on Form 8-K filed on June 12, 2026. The Company’s Chief Executive Officer is serving as Interim Chief Financial Officer and as the Company’s principal financial officer.
Management has evaluated the impact of this transition and determined that it did not materially affect the Company’s internal control over financial reporting.
Except as described above with respect to the departure of the Company’s Chief Financial Officer, there were no changes in our internal control over financial reporting during the three-month period covered by this Quarterly Report on Form 10-Q, which were identified in connection with management’s evaluation required by Rules 13a-15(d) and 15d-15(d) under the Exchange Act, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
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