In 2021, Daniel P. Hansen earned $511.60K in total compensation at Summit Hotel Properties, primarily from $500.00K salary. Most recently acquired 53,747 shares in Apr 2022. Currently holds stock worth $13.46M. Led Summit Hotel Properties as CEO for 9 years.
Compensation History
Annual executive compensation data for Daniel P. Hansen, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$511.60K
Salary
$500.00K
Bonus
$0.00
Other
$11.60K
Salary
$500.00KBoard Justification
The compensation program is designed to attract, retain and motivate executives critical to the Company's success, aligning their interests with stockholder value.
Bonus
$0.00Board Justification
Mr. Hansen did not participate in the Company’s day-to-day operations and therefore did not receive an annual cash incentive award for 2021.
Other Compensation
$11.60KBoard Justification
This amount reflects contributions made by the Company to Mr. Hansen’s 401(k) account.
Restricted Stock
Board Justification
Mr. Hansen was awarded a time-based equity award with a grant date value of $1,500,000, which is not included in the total compensation as it is a grant and not a vested amount.
Performance Metrics
The performance metrics for the CEO's compensation are based on company-specific performance objectives, but Mr. Hansen did not participate in the annual cash incentive program.
Daniel P. Hansen
Ex-CEO of Summit Hotel Properties
Education
Not specified
Field of Expertise
Other - Hospitality
Sector of Economy
Real Estate
Born
January 1, 1969 - 56 years ago
CEO of Summit Hotel Properties for
9 years 11 months (Feb 2011 - Jan 2021)
Previous Experience
President and Chief Executive Officer of Summit Hotel Properties, Inc. since the Company’s initial public offering in 2011.
Other Summit Hotel Properties CEOs
Holdings
Track Daniel P. Hansen's stock holdings and portfolio value over time.
Total Stock Sold
$5.29M
$5.29M
550,020 INN shares
What if they kept their stock?
If Daniel P. Hansen didn't sell their stock, today they would have:
Extra INN550,020 shares worth $2.70M.
This is -48.97% and $2.59M less than what they got when they sold the stock.
Insider Trading
Daniel P. Hansen's recent stock transactions, purchases, and sales filed with the SEC.
53,747 shares
INN
Apr 8, 2022
Received
$2.11M
INN at $10.57/share
Nov 4, 2021
Sale
$3.16M
INN at $9.03/share
Aug 11, 2021
Sale
145,914 shares
INN
Mar 8, 2021
Received
120,172 shares
INN
Mar 9, 2020
Received
180,258 shares
INN
Mar 9, 2020
Received
96,469 shares
INN
Mar 7, 2019
Received
144,703 shares
INN
Mar 7, 2019
Received
$113.50K
INN at $11.35/share
Nov 2, 2018
Purchase
120,536 shares
INN
Mar 7, 2018
Received
Rivals
Compare Daniel P. Hansen with competitor CEOs and industry peers.