InnSuites Hospitality Trust
08/15/2025 | Press release | Distributed by Public on 08/15/2025 15:30
Proxy Results (Form 8-K)
Item 5.07 Submission of Matters to a Vote of Security Holders.
At the 2025 Annual Meeting of Shareholders of InnSuites Hospitality Trust held on August 14, 2025, 7,172,442 shares were present in person or by proxy, which represented a quorum. Set forth below are the final voting results for the proposals submitted to a vote of the shareholders.
Election of Trustees:
| Nominee | Votes For | Votes Against | Abstentions | |||||||||
| James F. Wirth | 6,797,769 | 8,556 | 366,117 | |||||||||
| Leslie (Les) T. Kutasi | 6,446,530 | 353,235 | 372,677 | |||||||||
Ratification of the BCRG Group as the InnSuites Hospitality Trust Independent Registered Public Accountants:
| Nominee | Votes For | Votes Against | Abstentions | |||||||||
| Ratification of the BCRG Group | 7,124,341 | 359 | 47,742 | |||||||||
Approval for Executive Officers Compensation:
| Nominee | Votes For | Votes Against | Abstentions | |||||||||
| Approval of Executive Officers Compensation | 6,796,412 | 2,948 | 373,082 | |||||||||
Approval of Frequency for Executive Officers Compensation ("Say-on-Pay" Frequency):
| Nominee |
Votes For 3 Years |
Votes For 2 Years |
Votes For 1 Year |
Abstentions | ||||||||||||
| Approval of Frequency for Executive Officers Compensation ("Say-on-Pay Frequency") | 6,369,568 | 41,182 | 392,149 | 4,052 | ||||||||||||
On August 14, 2025, the Shareholders of the Trust approved the ratification of the BCRG Group as the Independent Registered Public Accountants for InnSuites Hospitality Trust. Also on August 14, 2025, the Shareholders of the Trust approved the compensation for our named Executive Officers. Additionally, on August 14, 2025, the Shareholders of the Trust selected the Frequency of every three years for our named Executive Officers, ("Say-on-Pay Frequency"). The Trustee Nominee for the 2026 Annual Shareholder Meeting will be Steven S. Robson.
Item 8.01 Other Events.
The Board of Trustees for InnSuites Hospitality Trust announced a semi-annual Dividend Declaration of $0.01 per share, which was paid on August 7, 2025, to shareholders of record as of July 25, 2025. This announcement continues an uninterrupted 55-year history of annual dividends. InnSuites hotel operations remain strong, while seeking multiple diversification projects with a potential high-risk, high-reward opportunity.
InnSuites Hospitality Trust published this content on August 15, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on August 15, 2025 at 21:30 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]