STOCK TITAN

Braemar (NYSE: BHR) investor with 9.55% stake prepares for 2026 board challenge

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Braemar Hotels & Resorts Inc. shareholder group updates its ownership disclosure and signals potential board changes. Al Shams Investments LTD and Wafic Rida Said report beneficial ownership of 6,513,000 common shares, representing 9.55% of Braemar’s outstanding stock, with shared voting and dispositive power.

The reporting persons state an intent to seek the election of new directors at Braemar’s 2026 Annual Meeting of Stockholders. Their counsel sent a letter dated May 20, 2026 to the company requesting the issuer’s standard proposed nominee questionnaire, as referenced in the company’s bylaws. The letter is included as an exhibit.

Positive

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Insights

Large holder with 9.55% stake is positioning for a potential board contest at Braemar.

Al Shams Investments LTD and Wafic Rida Said report beneficial ownership of 6,513,000 Braemar Hotels & Resorts shares, or 9.55% of the common stock, with shared voting and dispositive power. This size positions them as a significant shareholder.

The filing states they intend to seek election of new directors at the 2026 Annual Meeting. Their counsel has requested the company’s standard nominee questionnaire cited in the bylaws, a step typically taken when preparing to nominate directors. The actual impact will depend on whether nominations are made and how other shareholders respond.

Beneficial ownership 6,513,000 shares Common stock beneficially owned by each reporting person
Ownership percentage 9.55% of class Percent of Braemar common stock represented by 6,513,000 shares
Shared voting power 6,513,000 shares Shares with shared voting power reported by each person
Sole voting power 0 shares Shares with sole voting power reported by each person
Shared dispositive power 6,513,000 shares Shares with shared dispositive power reported by each person
Filing amendment number Amendment No. 7 Amendment number to Schedule 13D for Braemar
Schedule 13D/A regulatory
"If the filing person has previously filed a statement on Schedule 13G..."
A Schedule 13D/A is an amended disclosure filed with regulators by an investor who already reported owning more than 5% of a company’s shares and needs to update their original filing. Think of it as a public status update that tells markets whether the investor’s ownership, plans, or source of funds have changed; such updates matter because they can signal a push for control, major strategic moves, or increased pressure on management, which can affect stock prices.
beneficially owned financial
"Number of Shares Beneficially Owned by Each Reporting Person With:"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting power financial
"Shared Voting Power 6,513,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared Dispositive Power 6,513,000.00"
Annual Meeting of Stockholders regulatory
"intent to seek to elect new directors at the Issuer's 2026 Annual Meeting of Stockholders"
proposed nominee questionnaire regulatory
"requesting a copy of the Company's form proposed nominee questionnaire (the "Questionnaire")"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many Braemar Hotels & Resorts (BHR) shares do the reporting persons beneficially own?

The reporting persons beneficially own 6,513,000 shares of Braemar common stock. This stake represents 9.55% of the company’s outstanding common shares, with shared voting and shared dispositive power disclosed in the Schedule 13D/A amendment.

What percentage of Braemar Hotels & Resorts (BHR) does the 6,513,000-share position represent?

The 6,513,000 shares represent 9.55% of Braemar Hotels & Resorts’ common stock. This makes Al Shams Investments LTD and Wafic Rida Said significant shareholders with meaningful influence potential through their disclosed shared voting and dispositive power.

Who are the reporting persons in this Braemar Hotels & Resorts (BHR) Schedule 13D/A filing?

The reporting persons are Al Shams Investments LTD and individual investor Wafic Rida Said. Both report identical beneficial ownership details, including 6,513,000 shares with shared voting and dispositive power, and each reports holding 9.55% of Braemar’s outstanding common stock.

What governance intentions do the reporting persons state regarding Braemar Hotels & Resorts (BHR)?

They state an intent to seek the election of new directors at Braemar’s 2026 Annual Meeting of Stockholders. To advance this, their counsel requested the company’s standard proposed nominee questionnaire referenced in Braemar’s Fifth Amended and Restated Bylaws.

What document did the Braemar Hotels & Resorts (BHR) shareholders send on May 20, 2026?

On May 20, 2026, their legal counsel sent a letter to Braemar’s corporate secretary. The letter requested a copy of the company’s form proposed nominee questionnaire and is attached as Exhibit 8 to the Schedule 13D/A amendment.

Does the Braemar Hotels & Resorts (BHR) filing indicate shared or sole voting power over the shares?

The filing shows zero sole voting power and 6,513,000 shares of shared voting power. It also discloses zero sole dispositive power and 6,513,000 shares of shared dispositive power, reflecting joint control over voting and disposition decisions for this stake.





10482B101

(CUSIP Number)
Mark Crockwell
5B Waterloo Lane,
Pembroke, D0, HM 08
1 441 298 8104

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
05/20/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




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SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Al Shams Investments LTD
Signature:/s/ Mark Crockwell
Name/Title:Mark Crockwell, Director
Date:05/22/2026
Wafic Rida Said
Signature:/s/ Mark Crockwell
Name/Title:Mark Crockwell, Attorney-in-Fact
Date:05/22/2026