---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-086135"
form_type: "8-K"
ticker: "PRXK"
cik: "0001692345"
company_name: "PROCACCIANTI HOTEL REIT, INC."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:20:02.614959+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Procaccianti Hotel REIT authorizes Q2 2024 distributions totaling ~$941K on common shares and OP units

## Summary
- Board approved distributions for K, K-I, K-T shares outstanding June 30, 2024 at 7% per annum accrual.
- K Share Accrual $678,807; K-I Share Accrual $239,941; K-T Share Accrual $354.
- Distribution of $22,299 authorized on Class K OP Units held by affiliate sellers of Hilton Garden Inn property.
- Per-share/unit daily accrual $0.0019125683, reflecting 7% annual rate.

## SEC filing metadata
- accession: 0001104659-24-086135
- form_type: 8-K
- ticker: PRXK
- cik: 0001692345
- company_name: PROCACCIANTI HOTEL REIT, INC.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692345/000110465924086135/0001104659-24-086135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692345/000110465924086135/tm2420929d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-086135
- JSON: https://secwatch.observer/filing/0001104659-24-086135.json
- Plain text: https://secwatch.observer/filing/0001104659-24-086135.txt

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