---
schema_version: "secwatch.filing_event.v1"
accession: "0001232582-23-000019"
form_type: "8-K"
ticker: "AHT"
cik: "0001232582"
company_name: "ASHFORD HOSPITALITY TRUST INC"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T01:37:19.403893+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Ashford Hospitality reduces quorum for 2023 annual meeting to one-third

## Summary
- Quorum requirement lowered from majority to at least one-third of votes entitled to be cast, effective Feb 23, 2023.
- Change applies solely to the 2023 annual meeting and any postponements or adjournments thereof.
- Reason: retail brokers' policies limiting discretionary votes and increased retail holder base causing declining quorum.
- Adopted by unanimous written consent of the board of directors.

## SEC filing metadata
- accession: 0001232582-23-000019
- form_type: 8-K
- ticker: AHT
- cik: 0001232582
- company_name: ASHFORD HOSPITALITY TRUST INC
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1232582/000123258223000019/0001232582-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1232582/000123258223000019/aht-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001232582-23-000019
- JSON: https://secwatch.observer/filing/0001232582-23-000019.json
- Plain text: https://secwatch.observer/filing/0001232582-23-000019.txt

## Key facts
- Governance Changes
  ASHFORD HOSPITALITY TRUST INC: Reduced the quorum requirement for the 2023 annual meeting from a majority to at least one-third of votes entitled to be cast (effective 2023-02-23).
  - Change: bylaw amendment
  - Effective: 2023-02-23
  source text: On February 23, 2023, Ashford Hospitality Trust, Inc. (the “Company”), by unanimous written consent of its board of directors, adopted Amendment No. 5 to the Second Amended and Restated Bylaws of the Company (the “Bylaw Amendment”) for purposes of reducing the quorum required solely for the 2023 annual meeting of the Company’s stockholders (the “Quorum Requirement”). The Bylaw Amendment reduced the Quorum Requirement solely for the 2023 annual meeting from a majority to at least one-third of all votes entitled to be cast at such meeting, as permitted under the Maryland General Corporation Law.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000123258223000019/0001232582-23-000019-index.htm

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