Key facts
- This page summarizes Deric S. Eubanks's Form 4 filing for Braemar Hotels & Resorts Inc. (BHR).
- 4 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 28 Feb 2025, 16:42.
Deric S. Eubanks - 26 Feb 2025 Form 4 Insider Report for Braemar Hotels & Resorts Inc. (BHR)
- Reporting relationship
- CFO and Treasurer
- Issuer ticker
- BHR
- Reported as of
- 26 Feb 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 28 Feb 2025, 16:42:29 UTC
- Prior SEC filing
- 22 Oct 2024
- Next SEC filing
- 04 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Deric S. Eubanks
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Deric S. Eubanks filed Form 4 for Braemar Hotels & Resorts Inc. (BHR) on 28 Feb 2025.
Change
- Previous filing in this sequence was filed on 22 Oct 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BHR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 289,999
- Date
- 26 Feb 2025
- Ownership
- Direct
BHR
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 533
- Date
- 26 Feb 2025
- Ownership
- By spouse's IRA
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BHR
transaction
Derivative
Performance LTIP Units (2022)
Disposed to Issuer
- Transaction value
- Shares
- -26,250
- Change %
- -13%
- Price
- Shares after
- 175,680
- Date
- 26 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 175,680
- Exercise price
- $0.000000
- Footnotes
- F3, F4, F5
BHR
transaction
Derivative
Performance LTIP Units (2022)
Options Exercise
- Transaction value
- Shares
- -175,680
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 26 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 0
- Exercise price
- $0.000000
- Footnotes
- F3
BHR
transaction
Derivative
Common Partnership Units
Options Exercise
- Transaction value
- $0
- Shares
- +175,680
- Change %
- Price
- $0.000000
- Shares after
- 175,680
- Date
- 26 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 175,680
- Exercise price
- $0.000000
- Footnotes
- F6, F7, F9
BHR
transaction
Derivative
Common Partnership Units
Award
- Transaction value
- $0
- Shares
- +25,517
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 201,197
- Date
- 26 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 25,517
- Exercise price
- $0.000000
- Footnotes
- F6, F7, F8, F9
BHR
holding
Derivative
Performance Stock Units (2023)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 88,747
- Date
- 26 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 88,747
- Exercise price
- $0.000000
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 9 footnotes
Footnote F1
Each performance stock unit ("Performance Stock Unit") award represents the right, upon achievement of certain specified performance-based vesting criteria, to receive up to two (2) shares of the Issuer's common stock.
Footnote F2
Represents the target number of common stock shares that may be issued pursuant to the award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% of the target number of Performance Stock Units reported, 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 returns, the Performance Stock Units, as adjusted, will generally vest on December 31, 2025 (with respect to the 2023 grant).
Footnote F3
Each performance LTIP unit ("Performance LTIP Unit") award represents a special long-term incentive partnership unit ("LTIP Unit"), in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary, subject to specified performance-based vesting criteria.
Footnote F4
Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 200% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 200% 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, 2024. Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units ("Common Units"), are convertible into Common Units at the option of the Reporting Person. 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.
Footnote F5
Represents 26,250 Performance LTIP Units that were forfeited due to certain performance criteria of the 2022 Performance Stock Unit award not being met.
Footnote F6
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 7 discussing the convertibility of the Common Partnership Units.
Footnote F7
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.
Footnote F8
Represents dividend equivalent rights that accrued on a Performance LTIP Unit award pursuant to the dividend reinvestment feature of the award.
Footnote F9
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.