secwatch.observer — SEC 8-K summary
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Issuer:     Braemar Hotels & Resorts Inc. (BHR)
CIK:        0001574085
Form:       8-K
Filed at:   2026-03-06T23:59:59+00:00
Accession:  0001104659-26-024437
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Deric Eubanks to exit March 31, 2026; CAO Justin Coe to become principal financial officer
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- Deric Eubanks terminates employment as CFO of Braemar Hotels & Resorts, Ashford Trust, and Ashford Inc. effective March 31, 2026.
- Current Chief Accounting Officer Justin Coe will serve as principal financial officer starting April 1.
- Eubanks receives $1,796,000 severance (12 monthly installments), plus $200,000 transition pay through June 2026.
- Eubanks' outstanding deferred cash grants of $3,316,223 will continue vesting; he must provide up to 40 hours/month consulting.
- Eubanks subject to 12-month non-compete, 24-month non-solicitation, and 24-month standstill.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574085/000110465926024437/0001104659-26-024437-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574085/000110465926024437/tm268205d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-024437

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