BHR Form 4 reports purchase transactions
Stockton Richard J reported open-market purchase transactions in a Form 4 filing for BHR.
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Form Type
4
Rhea-AI Filing Summary
Stockton Richard J reported open-market purchase transactions in a Form 4 filing for BHR. The filing lists transactions totaling 8,002 shares at a weighted average price of $15.71 per share. Following the reported transactions, holdings were 16,152 shares.
Insider Trade Summary
Net Buyer: 8,002 shares
Net Buy
2 txns
Insider
Stockton Richard J
Role
CEO and President
Bought
8,002 shs ($126K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series B Preferred Stock | 5,748 | $15.60 | $90K |
| Purchase | Series B Preferred Stock | 2,254 | $16.00 | $36K |
| Holding | Performance Stock Units (2023) | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Series B Preferred Stock — 16,152 shares (Indirect, By RJS Living Trust);
Performance Stock Units (2023) — 176,295 contracts (Direct);
Common Stock — 1,172,083 shares (Direct)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $14.99 to $15.98. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. 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.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BHR CEO Richard Stockton report on this Form 4?
Richard Stockton reported indirect purchases of Braemar Series B preferred stock. Through the RJS Living Trust, he bought 5,748 shares at a weighted average $15.60 and 2,254 shares at $16.00 on August 27, 2025, increasing the trust’s preferred share holdings.
What common stock holdings did BHR’s CEO report on this Form 4 filing?
Richard Stockton reported direct ownership of Braemar common stock. The Form 4 shows he directly held 1,172,083 shares of Braemar Hotels & Resorts common stock, separate from the indirect Series B preferred holdings held through the RJS Living Trust.
What are the key terms of Richard Stockton’s 2023 performance stock units at Braemar (BHR)?
The 2023 performance stock units represent performance-based equity awards. Stockton reported 176,295 target units, each potentially delivering up to two common shares. Actual shares issued can range from 0% to 200% of target, based on specified stockholder return metrics and continued service.
When do Richard Stockton’s 2023 performance stock units at Braemar vest?
The 2023 performance stock units generally vest on December 31, 2025. Vesting depends on achieving specified relative and total stockholder return goals and Stockton’s continued service through the vesting date, which then determines how many common shares are actually issued.
Are the Braemar (BHR) Series B preferred stock purchases made directly by Richard Stockton?
The reported Braemar Series B preferred stock purchases are indirect. The Form 4 shows the shares were acquired by the RJS Living Trust, with Stockton reporting beneficial ownership through this trust rather than direct personal ownership of those preferred shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
