---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-046989"
form_type: "8-K"
ticker: "AHT"
cik: "0001232582"
company_name: "ASHFORD HOSPITALITY TRUST INC"
filed_at: "2022-04-19T23:59:59+00:00"
generated_at: "2026-06-26T06:26:44.317286+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# COO Jeremy Welter to resign July 15; receives $750k lump sum and $6.4M severance

## Summary
- Jeremy Welter, COO of Ashford Hospitality Trust and Braemar, to resign effective July 15, 2022.
- Welter receives $750k lump sum and $6.4M severance payable in 24 monthly installments.
- Outstanding equity awards will vest as if terminated without cause.
- Welter remains bound by non-compete and non-solicitation covenants; also standstill on share acquisition.
- The departure is mutual and covered by a Release and Waiver agreement.

## SEC filing metadata
- accession: 0001104659-22-046989
- form_type: 8-K
- ticker: AHT
- cik: 0001232582
- company_name: ASHFORD HOSPITALITY TRUST INC
- filed_at: 2022-04-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1232582/000110465922046989/0001104659-22-046989-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1232582/000110465922046989/tm2212800d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-046989
- JSON: https://secwatch.observer/filing/0001104659-22-046989.json
- Plain text: https://secwatch.observer/filing/0001104659-22-046989.txt

## Key facts
- Executive change
  Jeremy Welter resigned as Chief Operating Officer at ASHFORD HOSPITALITY TRUST INC.
  - Action: resigned
  - Role: Chief Operating Officer
  source text: Mr. Welter is also the Chief Operating Officer of Ashford Hospitality Trust, Inc. (the “Company”) and Braemar Hotels & Resorts Inc. (“Braemar”) and accordingly his service as Chief Operating Officer of each of the Company and Braemar will also end effective as of the Resignation Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000110465922046989/0001104659-22-046989-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.