The estimated Net Worth of Daniel P Hansen is at least $11.3 Milion dollars as of 4 November 2021. Mr. Hansen owns over 200,000 units of Summit Hotel Properties Inc stock worth over $978,368 and over the last 14 years he sold INN stock worth over $5,274,500. In addition, he makes $5,009,720 as Chairman of the Board, President a Chief Executive Officer at Summit Hotel Properties Inc.
Daniel has made over 8 trades of the Summit Hotel Properties Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 200,000 units of INN stock worth $2,114,000 on 4 November 2021.
The largest trade he's ever made was selling 350,000 units of Summit Hotel Properties Inc stock on 11 August 2021 worth over $3,160,500. On average, Daniel trades about 16,944 units every 104 days since 2011. As of 4 November 2021 he still owns at least 153,590 units of Summit Hotel Properties Inc stock.
You can see the complete history of Mr. Hansen stock trades at the bottom of the page.
Daniel P. Hansen serves as Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Hansen serves as our Chairman, President and Chief Executive Officer. Mr. Hansen’s service as Chairman, President and Chief Executive Officer provides a critical link between management and the Board, enabling the Board to perform its oversight function with the benefits of management’s perspectives on the business. Mr. Hansen also provides us with extensive experience in the hospitality industry as well as a capital markets background that assists the Board in analyzing capital raising opportunities and issues. He serves on the Board of the American Hotel & Lodging Association and on advisory councils of multiple hotel brands. Mr. Hansen joined The Summit Group in October of 2003 as Vice President of Investor Relations. His responsibilities included leading the capital raising efforts for our predecessor’s private placements of its equity securities and assisting in acquisition due diligence. In 2005, he was appointed to our predecessor’s Board of Managers and promoted to Executive Vice President, in which capacity he was part of the team that acquired over $140 million of hotel properties and led the development of over $240 million of hotel assets. In 2008, he was appointed to President and Chief Financial Officer of The Summit Group. His primary responsibilities included the development and execution of growth strategies, raising equity capital and hotel development and acquisition. Prior to joining The Summit Group, Mr. Hansen spent 11 years with Merrill Lynch, Pierce, Fenner & Smith Incorporated, or Merrill Lynch, in various leadership positions culminating as a Vice President and Regional Sales Manager in the Texas Mid-South Region, which included Texas, Louisiana, Arkansas and Oklahoma. Mr. Hansen graduated from South Dakota State University with a B.A. in Economics.
As the Chairman of the Board, President a Chief Executive Officer of Summit Hotel Properties Inc, the total compensation of Daniel Hansen at Summit Hotel Properties Inc is $5,009,720. There are no executives at Summit Hotel Properties Inc getting paid more.
Daniel Hansen is 51, he's been the Chairman of the Board, President a Chief Executive Officer of Summit Hotel Properties Inc since 2017. There are 10 older and 4 younger executives at Summit Hotel Properties Inc. The oldest executive at Summit Hotel Properties Inc is Bjorn Hanson, 68, who is the Independent Director.
Daniel's mailing address filed with the SEC is 13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN, TX, 78738.
Over the last 14 years, insiders at Summit Hotel Properties Inc have traded over $6,173,230 worth of Summit Hotel Properties Inc stock and bought 169,125 units worth $1,664,152 . The most active insiders traders include Kerry W Boekelheide, Daniel P Hansen a Kenneth J Kay. On average, Summit Hotel Properties Inc executives and independent directors trade stock every 124 days with the average trade being worth of $460,099. The most recent stock trade was executed by Jonathan P Stanner on 16 March 2023, trading 21,870 units of INN stock currently worth $150,903.
summit hotel properties, inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the upscale segment of the lodging industry. as of november 3, 2020, the company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
Summit Hotel Properties Inc executives and other stock owners filed with the SEC include: