Form 4: Braemar Hotels & Resorts Exec VP Alex Rose Reports Stock Transactions
SEC Form 4 Filing
Alex Rose, Exec VP, GC and Secretary of Braemar Hotels & Resorts, reports acquisition and disposal of common stock and performance stock units.
Summary
- On February 26, 2025, Alex Rose, Exec VP, GC and Secretary of Braemar Hotels & Resorts, reported transactions involving the company's common stock and performance stock units.
- Rose acquired 70,839 shares of common stock through the vesting of performance stock units.
- Additionally, 10,289 shares were acquired as dividend equivalent rights.
- Rose also disposed of 19,755 shares to cover tax withholding obligations at a price of $2.69 per share.
- Following these transactions, Rose directly owns 61,373 shares of Braemar Hotels & Resorts Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The actual number of shares of common stock to be issued upon vesting of Performance Stock Units can range from 0% to 200% of the target number reported, based on achievement of specified relative and total stockholder returns of the Issuer.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in the hotel and resort industry.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date Exercisable and Expiration Date for Performance Stock Units (2022) |
| 02/25/2025 | Closing price of common stock was $2.69 |
| 02/26/2025 | Date of earliest transaction: acquisition and disposal of common stock and performance stock units |
| 12/31/2025 | Date Exercisable and Expiration Date for Performance Stock Units (2023) |
| 02/28/2025 | Date of signature |
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