W. Michael Murphy - 21 May 2024 Form 4 Insider Report for Ashford Inc.

Role: Director
Signature: /s/ W. Michael Murphy
Issuer symbol: N/A
Transactions as of: 21 May 2024
Net transactions value: $0
Form type: 4
Filing time: 23 May 2024, 16:16:15 UTC
Previous filing: 16 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AINC	Common Stock	Award	$0	+6,000	+14%	$0.000000	47,812	21 May 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 6,000 Deferred Stock Units issued to the Reporting Person as an annual equity grant from the Issuer under the Issuer's 2014 Incentive Plan. Each Deferred Stock Unit is fully vested and convertible into 1 share of the Issuer's common stock upon the earlier to occur of the Reporting Person's separation from service or a change of control of the Issuer. The Reporting Person also owns 4,736 shares of the Issuer's common stock.

Content

Represents 6,000 Deferred Stock Units issued to the Reporting Person as an annual equity grant from the Issuer under the Issuer's 2014 Incentive Plan. Each Deferred Stock Unit is fully vested and convertible into 1 share of the Issuer's common stock upon the earlier to occur of the Reporting Person's separation from service or a change of control of the Issuer. The Reporting Person also owns 4,736 shares of the Issuer's common stock.