Procaccianti Hotel REIT (PRXA) to pay accrued 7% Class K distributions

Rhea-AI Filing Summary

Procaccianti Hotel REIT, Inc. reported that its board authorized payment of previously accrued distributions on its Class K and Class K-I common stock for the quarter ended December 31, 2025. Accrued amounts total $681,398 for Class K shares and $252,796 for Class K-I shares, based on daily accruals of $0.001917808 per share at a 7% annual rate.

The board also approved payment of accrued distributions on Class K OP Units held by affiliate sellers of the Hilton Garden Inn property. These Class K OP Unit distributions total $22,606, accrued at $0.001917808 per unit per day, also reflecting a 7% annual rate.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 3, 2026

PROCACCIANTI HOTEL REIT, INC.

(Exact Name of Registrant as Specified in Its Charter)

Maryland		000-56272		81-3661609
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S Employer Identification No.)

1140 Reservoir Avenue

Cranston, Rhode Island 02920-6320

(Address of principal executive offices)

(401) 946-4600

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
N/A		N/A		N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company	¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.	¨

Item 8.01 Other Events.

Payment of Distributions

On February 3, 2026, the board of directors (the “Board”) of Procaccianti Hotel REIT, Inc. (the “Company”) (i) authorized the payment of distributions out of legally available funds with respect to each share of Class K common stock (“K Share”) and Class K-I common stock (“K-I Share”) outstanding as of December 31, 2025 (the “Common Stock Distributions”) to the holders of record of K Shares and K-I Shares and (ii) on behalf of the Company as the general partner of Procaccianti Hotel REIT, L.P., the Company’s operating partnership (the “Operating Partnership”), authorized distributions out of legally available funds (the “Class K OP Unit Distributions”) with respect to each unit of Class K limited partnership interest in the Operating Partnership (the “Class K OP Units”) held by individuals with direct or indirect interests in the seller of the Hilton Garden Inn hotel property (the “Property”) who are direct or indirect owners of Procaccianti Companies, Inc., the sponsor of the Company, and Procaccianti Hotel Advisors, LLC, the external advisor to the Company (the “Affiliate Sellers”).

Common Stock Distributions

With respect to the K Shares and K-I Shares outstanding as of and during the quarter ended December 31, 2025, the cumulative amount of distributions that had accrued on a daily basis with respect to each K Share and K-I Share outstanding since September 30, 2025, was $681,398 and $252,796, respectively (the “K Share Accrual” and the “K-I Share Accrual,” respectively), or $0.001917808 per K Share per day and $0.001917808 per K-I Share per day, which reflects an accrual rate of seven percent per annum for each share class under the Company’s charter. The Board authorized the payment of distributions in an aggregate amount equal to the K Share Accrual and K-I Share Accrual.

Class K OP Unit Distributions

With respect to the Class K OP Units held by the Affiliate Sellers of the Property that were outstanding as of and during the quarter ended December 31, 2025, the cumulative amount of distributions that had accrued on a daily basis with respect to each Class K OP Unit for the period commencing with the date of issuance of Class K OP Units through September 30, 2025, was $22,606 (the “Class K OP Unit Accrual”), or $0.001917808 per Class K OP Unit per day, which reflects an accrual rate of seven percent per annum. The Board authorized the payment of distributions in an aggregate amount equal to the Class K OP Unit Accrual.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

	PROCACCIANTI HOTEL REIT, INC.
Date: February 5, 2026	By:	/s/ Gregory Vickowski
		Gregory Vickowski
		Chief Financial Officer

FAQ

What did Procaccianti Hotel REIT (PRXA) announce regarding distributions?

Procaccianti Hotel REIT’s board authorized payment of previously accrued distributions on Class K and Class K-I common shares and on Class K OP Units. These distributions cover accruals through December 31, 2025, calculated on a daily basis at a seven percent annual rate.

Which share classes of Procaccianti Hotel REIT are receiving distributions?

Distributions were authorized for Class K common stock, Class K-I common stock, and Class K OP Units. Each security type accrues distributions daily at $0.001917808 per share or unit, corresponding to a seven percent per annum rate under the company’s charter provisions.

How much in distributions accrued on PRXA’s Class K and Class K-I shares?

Accrued distributions total $681,398 for Class K shares and $252,796 for Class K-I shares. These amounts reflect daily accruals since September 30, 2025, for shares outstanding during the quarter ended December 31, 2025, at a seven percent annual rate.

What distributions were approved for Procaccianti Hotel REIT Class K OP Units?

The board authorized payment of $22,606 in accrued distributions on Class K OP Units held by affiliate sellers of the Hilton Garden Inn property. These units accrued $0.001917808 per unit per day, equal to a seven percent annual distribution rate over the stated accrual period.

Who holds the Procaccianti Hotel REIT Class K OP Units receiving distributions?

The Class K OP Units are held by individuals with direct or indirect interests in the seller of the Hilton Garden Inn property. These holders are also direct or indirect owners of Procaccianti Companies, Inc. and Procaccianti Hotel Advisors, LLC, which sponsor and advise the REIT.

Over what period did PRXA’s Class K and Class K-I distributions accrue?

The Class K and Class K-I common stock distributions accrued daily from September 30, 2025, through the quarter ended December 31, 2025. The board then authorized payment of the full cumulative accrual amounts for each share class out of legally available funds.