Babak Ghassemieh - Aug 25, 2025 Form 3 Insider Report for Braemar Hotels & Resorts Inc. (BHR)

Role
Director
Signature
/s/ Babak Ghassemieh
Stock symbol
BHR
Transactions as of
Aug 25, 2025
Transactions value $
$0
Form type
3
Date filed
9/4/2025, 07:03 PM
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ghassemieh Babak Director 9255 SUNSET BLVD, SUITE UPPER PENTHOUSE, WEST HOLLYWOOD /s/ Babak Ghassemieh 2025-09-04 0002045643

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BHR Common Stock 45.2K Aug 25, 2025 Direct
holding BHR Common Stock 3.33K Aug 25, 2025 By Spouse
holding BHR Common Stock 200 Aug 25, 2025 By Son
holding BHR Common Stock 200 Aug 25, 2025 By Daughter
holding BHR Common Stock 25K Aug 25, 2025 By Bob Ghassemieh 2021 Children's Trust F1
holding BHR Common Stock 20K Aug 25, 2025 By Lillian Ghassemieh 2021 Children's Trust F2
holding BHR Common Stock 20K Aug 25, 2025 By BL PCH LLC F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BHR Series B Preferred Stock Aug 25, 2025 Common Stock 2.01K $18.70 By Spouse F4
holding BHR Common Partnership Units Aug 25, 2025 Common Stock 2.5M $0.00 By Morning View Hotels BH I, LLC F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Babak (Bob) Ghassemieh is a trustee of the Bob Ghassemieh 2021 Children's Trust.
F2 Mr. Ghassemieh is a trustee of the Lillian Ghassemieh 2021 Children's Trust. Mr. Ghassemieh does not have a pecuniary interest in the securities held by the Lillian Ghassemieh 2021 Children's Trust.
F3 Shares of Common Stock owned directly by BL PCH LLC ("BL PCH"). As Manager of BL PCH, Mr. Ghassemieh may be deemed to beneficially own the shares of Common Stock owned directly by BL PCH. Mr. Ghassemieh disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F4 The 5.50% Series B Cumulative Convertible Preferred Stock of the Issuer ("Series B Preferred Stock") is convertible at any time at a conversion price equal to the liquidation preference of a share of Series B Preferred Stock, $25.00 per share, divided by the conversion rate, 1.3372 (subject to adjustment). The Series B Preferred Stock does not have an expiration date.
F5 The Common Limited Partnership Units in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary ("Common Partnership Units"), are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's Common Stock on a 1-for-1 basis. The Common Partnership Units do not have an expiration date.
F6 Common Partnership Units owned directly by Morning View Hotels BH I, LLC ("Morning View Hotels"). As Manager of Morning View Hotels, Mr. Ghassemieh may be deemed to beneficially own the Common Partnership Units owned directly by Morning View Hotels. Mr. Ghassemieh disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.