Form 4 for BHR Braemar Hotels & Resorts Inc.
Accepted 2026-02-26 00:00:00 ET · period of report 2026-02-24 · accession 0001104659-26-020759 · 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 | BHR | Bennett Monty J | Dir | J - Other | — | +123.5K | 123.5K | New | — |
| DI | 2026-02-26 | 2026-02-24 | BHR | Bennett Monty J | Dir | J - Other | — | -123.5K | 0 | -100% | — |
| DI | 2026-02-26 | 2026-02-24 | BHR | Bennett Monty J | Dir | D - Sale to Iss | — | -352.6K | 0 | -100% | — |
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 | 123,477 | — | 123,477 | I By Ashford Financial Corporation | — | — | (F7) Represents shares of common stock issued by the Issuer in connection with the Issuer's redemption of 123,477.15 Common Partnership Units of the Subsidiary. Such Common Partnership Units were redeemable, at the option of the Issuer, for 123,477 shares of the Issuer's common stock on a one-for-one basis, while rounding down fractional Common Partnership Units. (F8) Reflects only the Reporting Person's pecuniary interest in the aggregate number of 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 | Common Partnership Units | 2026-02-24 | J | D | 123,477.15 | — | 0 | I By Ashford Financial Corporation | $0.00 · — to — | 123,477.15 Common Stock | (F5) Reflects the aggregate number of Common Partnership 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 4 discussing the convertibility of the Common Partnership Units. (F7) Represents shares of common stock issued by the Issuer in connection with the Issuer's redemption of 123,477.15 Common Partnership Units of the Subsidiary. Such Common Partnership Units were redeemable, at the option of the Issuer, for 123,477 shares of the Issuer's common stock on a one-for-one basis, while rounding down fractional Common Partnership Units. (F4) Common Limited Partnership Units of the Subsidiary ("Common Partnership Units"). Common Partnership Units are redeemable for cash or, at the option of the Issuer, redeemable for shares of the Issuer's common stock on a 1-for-1 basis. (F3) Neither the Common Partnership Units nor vested LTIP Units (including any LTIP Units awarded upon achievement of the specified performance criteria relating to vested Performance LTIP Units) have an expiration date. |
| 3 | Derivative | Performance LTIP Units (2023) | 2026-02-24 | D | D | 352,590 | — | 0 | I By Texas Yarrow LLC - 2023 PS | $0.00 · 2025-12-31 to 2025-12-31 | 352,590 Common Stock | (F1) Each performance LTIP Unit ("Performance LTIP Unit") award represented a special long-term incentive partnership unit ("LTIP Unit") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"), subject to performance-based vesting criteria. |