Form 4 for AHT ASHFORD HOSPITALITY TRUST INC
Accepted 2026-02-26 00:00:00 ET · period of report 2026-02-24 · accession 0001104659-26-020752 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2026-02-26 | 2026-02-24 | AHT | Bennett Monty J | Dir | J - Other | — | +471 | 471 | New | — |
| DMI | 2026-02-26 | 2026-02-24 | AHT | Bennett Monty J | Dir | M - OptEx | $0.00 | 0 | 0 | New | $0 |
| DI | 2026-02-26 | 2026-02-24 | AHT | Bennett Monty J | Dir | J - Other | — | -471.60 | 0 | -100% | — |
| DI | 2026-02-26 | 2026-02-24 | AHT | Bennett Monty J | Dir | D - Sale to Iss | — | -20.2K | 1,660 | -92% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-02-24 | J | A | 471 | — | 471 | I By Ashford Financial Corporation | — | — | (F10) Represents shares of common stock issued by the Issuer in connection with the Issuer's redemption of 471.6 Common Units of the Subsidiary. Such Common Units were redeemable, at the option of the Issuer, for 471 shares of the Issuer's common stock on a one-for-one basis, while rounding down fractional Common Units. (F11) Reflects only the Reporting Person's pecuniary interest in the shares of common stock held directly by Ashford Financial Corporation. The Reporting Person hereby disclaims any interest in all other securities of the Issuer held directly by Ashford Financial Corporation. |
| 2 | Derivative | Special Limited Partnership Units | 2026-02-24 | M | A | 1,660 | $0.00 | 1,660 | I Texas Yarrow LLC - 2023 PS | $0.00 · — to — | 1,660 Common Stock | (F4) Represents special long-term incentive partnership units ("LTIP Units") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Units, are convertible into Common Units at the option of the Reporting Person. See Footnote 7 discussing the convertibility of the Common Units. (F7) Common Limited Partnership Units of the Subsidiary ("Common Units"). Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis. (F8) Reflects the aggregate number of Common Units currently held directly or indirectly, as noted, by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 7 discussing the convertibility of the Common Units. (F5) Neither the Common Units nor the LTIP Units have an expiration date. |
| 3 | Derivative | Performance LTIP Units (2023) | 2026-02-24 | M | D | 1,660 | — | 0 | I Texas Yarrow LLC - 2023 PS | $0.00 · 2025-12-31 to 2025-12-31 | 0 Common Stock | (F1) Each performance LTIP unit ("Performance LTIP Unit") award represented a special long-term incentive partnership unit ("LTIP Unit") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"), subject to specified performance-based vesting criteria. |
| 4 | Derivative | Common Limited Partnership Units | 2026-02-24 | J | D | 471.60 | — | 0 | I By Ashford Financial Corporation | $0.00 · — to — | 471.60 Common Stock | (F7) Common Limited Partnership Units of the Subsidiary ("Common Units"). Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis. (F10) Represents shares of common stock issued by the Issuer in connection with the Issuer's redemption of 471.6 Common Units of the Subsidiary. Such Common Units were redeemable, at the option of the Issuer, for 471 shares of the Issuer's common stock on a one-for-one basis, while rounding down fractional Common Units. (F5) Neither the Common Units nor the LTIP Units have an expiration date. |
| 5 | Derivative | Performance LTIP Units (2023) | 2026-02-24 | D | D | 20,174.50 | — | 1,660 | I Texas Yarrow LLC - 2023 PS | $0.00 · 2025-12-31 to 2025-12-31 | 1,660 Common Stock | (F1) Each performance LTIP unit ("Performance LTIP Unit") award represented a special long-term incentive partnership unit ("LTIP Unit") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"), subject to specified performance-based vesting criteria. (F2) Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 250% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 250% of the target number of Performance LTIP Units, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder return, the Performance LTIP Units will generally vest on December 31, 2025 (with respect to the 2023 grant). Vested LTIP Units, upon achieving parity with the Common Units (as defined below), are convertible into Common Units at the option of the Reporting Person. See Footnote 7 discussing the convertibility of the Common Units. |