Form 4: Braemar Hotels & Resorts Director Matthew D. Rinaldi Reports Stock Grant

Director Matthew D. Rinaldi reports receiving 14,925 shares of Braemar Hotels & Resorts Inc. common stock as a stock grant.

Summary

• On May 15, 2024, Matthew D. Rinaldi, a director of Braemar Hotels & Resorts Inc., acquired 14,925 shares of common stock through a stock grant.
• The shares were granted under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan in connection with Rinaldi's continued service on the Board of Directors.
• Following the transaction, Rinaldi directly owns 106,689 shares of common stock and 4,444 shares of Series E Redeemable Preferred Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The stock grant aligns the director's interests with those of the shareholders, incentivizing continued service and performance.

Industry Context

Stock grants are a common form of compensation for directors, aligning their interests with the company's performance and shareholder value.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders.

Key Dates