{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-121398","form_type":"8-K","ticker":"AHT","cik":"0001232582","company_name":"ASHFORD HOSPITALITY TRUST INC","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.987976+00:00","generated_at":"2026-05-16T13:00:21.896442+00:00","sec_items":["1.01","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Ashford Hospitality Trust adopts poison pill to protect tax benefits; triggers at 4.99% ownership","bullets":["Board declares dividend of one right per common share; exercisable for 1/1000th of Series N Preferred Stock at $20.","Rights become exercisable upon any person acquiring 4.99% or more of any class of Company Securities (flip-in event).","Rights expire on December 14, 2026; redeemable by Board at $0.0001 per right prior to flip-in event.","Company filed Articles Supplementary establishing Series N Junior Participating Preferred Stock.","Plan designed to preserve tax benefits (NOL carryforwards) under Section 382 of the Internal Revenue Code."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-121398","json":"https://secwatch.observer/filing/0001104659-25-121398.json","markdown":"https://secwatch.observer/filing/0001104659-25-121398.md","text":"https://secwatch.observer/filing/0001104659-25-121398.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1232582/000110465925121398/0001104659-25-121398-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1232582/000110465925121398/tm2533452d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:00:21.896442+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}