Deric S. Eubanks - 24 Feb 2026 Form 4 Insider Report for ASHFORD HOSPITALITY TRUST INC (AHT)

Reporting relationship: CFO and Treasurer
Issuer ticker: AHT
Reported as of: 24 Feb 2026
Net transaction value: -$581
SEC form: 4
Accepted by SEC: 26 Feb 2026, 18:13:58 UTC
Prior SEC filing: 03 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Deric S. Eubanks

Key filing fact

Deric S. Eubanks filed Form 4 for ASHFORD HOSPITALITY TRUST INC (AHT) on 26 Feb 2026.

Key facts

This page summarizes Deric S. Eubanks's Form 4 filing for ASHFORD HOSPITALITY TRUST INC (AHT).
4 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 26 Feb 2026, 18:13.

Change

Previous filing in this sequence was filed on 03 Sep 2025.
Current net transaction value: -$581.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001608195 Primary reporting owner

Eubanks Deric S

Relationship: CFO and Treasurer
Address: 14185 DALLAS PARKWAY,, SUITE 1200, DALLAS
Signature: /s/ Deric S. Eubanks
Signature date: 26 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AHT transaction

Common Stock

Options Exercise

Transaction value
Shares: +836
Change %: +26%
Price
Shares after: 4,024
Date: 24 Feb 2026
Ownership: Direct
Footnotes: F1

AHT transaction

Common Stock

Tax liability

Transaction value: $581
Shares: -204
Change %: -5.1%
Price: $2.85
Shares after: 3,820
Date: 24 Feb 2026
Ownership: Direct
Footnotes: F2, F3

AHT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2
Date: 24 Feb 2026
Ownership: By spouse's IRA

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AHT transaction Derivative

Performance Stock Units (2023)

Disposed to Issuer

Transaction value
Shares: -3,560
Change %: -81%
Price
Shares after: 836
Date: 24 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 836
Exercise price: $0.000000
Footnotes: F1, F4, F5

AHT transaction Derivative

Performance Stock Units (2023)

Options Exercise

Transaction value
Shares: -836
Change %: -100%
Price
Shares after: 0
Date: 24 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 0
Exercise price: $0.000000
Footnotes: F1

AHT holding Derivative

Special Limited Partnership Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,795
Date: 24 Feb 2026
Ownership: DESE II LLC
Underlying class: Common Stock
Underlying amount: 5,795
Exercise price: $0.000000
Footnotes: F6, F7, F9

AHT holding Derivative

Common Limited Partnership Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 112
Date: 24 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 112
Exercise price: $0.000000
Footnotes: F8, F9, F10

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote F1

Each performance stock unit ("Performance Stock Unit") award granted in 2023 represented a right to receive between 0% and 250% of the target number of Performance Stock Units reflected in the table.

Footnote F2

Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the award of dividend equivalent rights and the vesting of Performance Stock Units, restricted stock and common stock held by the Reporting Person.

Footnote F3

Represents the closing price of the common stock on February 23, 2026, the last trading day before the date of forfeiture.

Footnote F4

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 250% 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 F5

Represents 3,560 shares that were forfeited due to certain performance criteria of the 2023 Performance Stock Unit award not being met.

Footnote F6

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 (as defined below), are convertible into Common Units at the option of the Reporting Person. See Footnote 8 discussing the convertibility of the Common Units.

Footnote F7

Reflects the aggregate number of LTIP Units held directly or indirectly by the Reporting Person, and includes LTIP Units comprising awards previously granted to, and reported by, the Reporting Person. Such LTIP Units have different grant and vesting dates and include those which (i) may have achieved parity with the Common Units, (ii) have not yet achieved parity with the Common Units, (iii) are currently vested, or (iv) have not yet vested. Such LTIP Units have been combined herein solely for reporting purposes.

Footnote F8

Common Limited Partnership Units ("Common Units") of the Subsidiary. 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 F9

Neither the Common Units nor the LTIP Units have an expiration date.

Footnote F10

Reflects aggregate number of Common Units currently held by the Reporting Person, some of which may have been converted from special long-term incentive partnership units of the Subsidiary by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 8 discussing the convertibility of the Common Units.