{"transactions":[{"id":1108397,"issuer":{"id":6531,"kind":"organization","name":"Braemar Hotels & Resorts Inc."},"owners":[{"id":78405,"kind":"person","name":"Sirna Kellie","position":1,"cik":"0002064542","reported_name":"Sirna Kellie","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2025-06-17T21:46:54.000Z","date":"2025-06-13","kind":"disposition_to_issuer","planned":false,"acquired":false,"shares":1799,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F2","text":"Represented special long-term incentive partnership units (\"LTIP Units\") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary (\"Subsidiary\"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary (\"Common Partnership Units\"), were convertible into Common Partnership Units at the option of the Reporting Person."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On June 13, 2025, the Reporting Person entered into an Exchange Agreement (the \"Exchange Agreement\") with the Issuer pursuant to which the Reporting Person exchanged a number of vested LTIP Units (as defined below) for an equal number of shares of common stock in a Rule 16b-3 exempt transaction. No other consideration was involved in connection with the Exchange Agreement."},{"field":"kind","element":"transactionCoding","label":"F1","text":"On June 13, 2025, the Reporting Person entered into an Exchange Agreement (the \"Exchange Agreement\") with the Issuer pursuant to which the Reporting Person exchanged a number of vested LTIP Units (as defined below) for an equal number of shares of common stock in a Rule 16b-3 exempt transaction. No other consideration was involved in connection with the Exchange Agreement."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"Represented special long-term incentive partnership units (\"LTIP Units\") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary (\"Subsidiary\"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary (\"Common Partnership Units\"), were convertible into Common Partnership Units at the option of the Reporting Person."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Neither the Common Partnership Units nor vested LTIP Units had an expiration date."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":1799},"source":{"system":"sec-edgar","filing":"0001104659-25-060393","document":"tm2518261-6_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2064542/000110465925060393/tm2518261-6_4seq1.xml","form_type":"4"}},{"id":1108396,"issuer":{"id":6531,"kind":"organization","name":"Braemar Hotels & Resorts Inc."},"owners":[{"id":78405,"kind":"person","name":"Sirna Kellie","position":1,"cik":"0002064542","reported_name":"Sirna Kellie","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2025-06-17T21:46:54.000Z","date":"2025-06-13","kind":"grant","planned":false,"acquired":true,"shares":1799,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On June 13, 2025, the Reporting Person entered into an Exchange Agreement (the \"Exchange Agreement\") with the Issuer pursuant to which the Reporting Person exchanged a number of vested LTIP Units (as defined below) for an equal number of shares of common stock in a Rule 16b-3 exempt transaction. No other consideration was involved in connection with the Exchange Agreement."}],"balance_after":1799,"source":{"system":"sec-edgar","filing":"0001104659-25-060393","document":"tm2518261-6_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2064542/000110465925060393/tm2518261-6_4seq1.xml","form_type":"4"}},{"id":1173465,"issuer":{"id":6531,"kind":"organization","name":"Braemar Hotels & Resorts Inc."},"owners":[{"id":78405,"kind":"person","name":"Sirna Kellie","position":1,"cik":"0002064542","reported_name":"Sirna Kellie","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2025-04-11T16:36:16.000Z","date":"2025-04-10","kind":"grant","planned":false,"acquired":true,"shares":1799,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Fully vested special long-term incentive partnership units (\"LTIP Units\") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary (\"Subsidiary\"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary (\"Common Partnership Units\"), are convertible into Common Partnership Units at the option of the Reporting Person. 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."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Fully vested special long-term incentive partnership units (\"LTIP Units\") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary (\"Subsidiary\"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary (\"Common Partnership Units\"), are convertible into Common Partnership Units at the option of the Reporting Person. 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."},{"field":"kind","element":"transactionCoding","label":"F2","text":"The LTIP Unit awards reported herein were issued as a grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan, in connection with the Reporting Person's appointment to the Issuer's Board of Directors."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The LTIP Unit awards reported herein were issued as a grant under the Issuer's Second Amended and Restated 2013 Equity Incentive Plan, in connection with the Reporting Person's appointment to the Issuer's Board of Directors."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Fully vested special long-term incentive partnership units (\"LTIP Units\") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary (\"Subsidiary\"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary (\"Common Partnership Units\"), are convertible into Common Partnership Units at the option of the Reporting Person. 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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Neither the Common Partnership Units nor vested LTIP Units have an expiration date."},{"field":"derivative.underlying","element":"underlyingSecurityTitle","label":"F1","text":"Fully vested special long-term incentive partnership units (\"LTIP Units\") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary (\"Subsidiary\"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary (\"Common Partnership Units\"), are convertible into Common Partnership Units at the option of the Reporting Person. 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."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F1","text":"Fully vested special long-term incentive partnership units (\"LTIP Units\") in Braemar Hospitality Limited Partnership, the Issuer's operating subsidiary (\"Subsidiary\"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary (\"Common Partnership Units\"), are convertible into Common Partnership Units at the option of the Reporting Person. 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."}],"balance_after":1799,"derivative":{"exercise_price":0,"underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-25-034251","document":"tm2512197-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/2064542/000110465925034251/tm2512197-2_4seq1.xml","form_type":"4"}}]}