Braemar Hotels (NYSE: BHR) exec updates Form 3 ownership data

Rhea-AI Filing Summary

Braemar Hotels & Resorts Inc. executive vice president, general counsel and secretary filed an amended insider ownership report to correct previously disclosed holdings. The amendment adds 4,564.4 Common Limited Partnership Units in Braemar Hospitality Limited Partnership, the company’s operating subsidiary, that were inadvertently omitted from the original filing.

These Common Partnership Units are redeemable for cash or, at Braemar’s option, convertible into shares of Braemar common stock on a 1-for-1 basis and do not have an expiration date. The change is an administrative correction to reflect the correct number of securities beneficially owned as of the reported event date.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Plohg Jim A

(Last) (First) (Middle)

14185 DALLAS PARKWAY

SUITE 1200

(Street)

DALLAS TX 75254

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/16/2025

3. Issuer Name and Ticker or Trading Symbol
Braemar Hotels & Resorts Inc. [ BHR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec. VP, GC and Secretary

5. If Amendment, Date of Original Filed (Month/Day/Year)
12/22/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Partnership Units	(1)	(1)	Common Stock	4,564.4	$0.00(1)	D

Explanation of Responses:

1. Common Limited Partnership Units in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Common Partnership Units"). Common Partnership 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. Common Partnership Units do not have an expiration date.

Remarks:

The Reporting Person inadvertently omitted 4,564.4 Common Partnership Units in the Reporting Person's original Form 3 filed on December 22, 2025. This amendment is being filed to report the correct number of securities owned.

	/s/ Jim Plohg	01/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Braemar Hotels & Resorts Inc. (BHR) disclose in this amended filing?

The company’s executive vice president, general counsel and secretary filed an amended insider ownership report to add 4,564.4 Common Limited Partnership Units that were inadvertently left out of the original filing.

Who is the reporting person in this Braemar (BHR) Form 3/A amendment?

The reporting person is an officer of Braemar Hotels & Resorts Inc., serving as Executive Vice President, General Counsel and Secretary.

What securities are involved in this Braemar (BHR) ownership correction?

The amendment covers Common Limited Partnership Units in Braemar Hospitality Limited Partnership, the operating subsidiary of Braemar Hotels & Resorts Inc.

How can the Common Partnership Units referenced by Braemar (BHR) be converted?

The Common Partnership Units are redeemable for cash or, at the option of Braemar Hotels & Resorts Inc., are convertible into shares of Braemar’s common stock on a 1-for-1 basis.

Do the Braemar (BHR) Common Partnership Units reported in this filing expire?

No. The filing states that the Common Partnership Units do not have an expiration date.

Why was this Braemar Hotels & Resorts Inc. (BHR) insider filing amended?

The amendment was made because the reporting person inadvertently omitted 4,564.4 Common Partnership Units from the original statement and is now reporting the correct number of securities owned.

What is the relationship of the reporting person to Braemar Hotels & Resorts Inc. (BHR)?

The reporting person is an officer of Braemar Hotels & Resorts Inc., holding the title of Executive Vice President, General Counsel and Secretary.