---
schema_version: "secwatch.filing_event.v1"
accession: "0001232582-24-000089"
form_type: "8-K"
ticker: "AHT"
cik: "0001232582"
company_name: "ASHFORD HOSPITALITY TRUST INC"
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:27:03.704050+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CEO J. Robison Hays III resigns effective June 30; enters 36-month consulting agreement

## Summary
- Hays will receive $1,909,167 in 36 monthly payments for consulting services through June 2027.
- Hays remains on AHT board until next annual meeting or earlier departure.
- Non-compete extended to 2 years post-termination; non-solicitation to 3 years.
- Hays receives continued vesting of equity awards during the consulting period.
- Standstill bars Hays from acquiring securities of Ashford entities for 36 months.

## SEC filing metadata
- accession: 0001232582-24-000089
- form_type: 8-K
- ticker: AHT
- cik: 0001232582
- company_name: ASHFORD HOSPITALITY TRUST INC
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000089/0001232582-24-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000089/aht-20240630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001232582-24-000089
- JSON: https://secwatch.observer/filing/0001232582-24-000089.json
- Plain text: https://secwatch.observer/filing/0001232582-24-000089.txt

## Key facts
- Executive change
  J. Robison Hays, III resigned as President and Chief Executive Officer at ASHFORD HOSPITALITY TRUST INC.
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: As previously disclosed by Ashford Hospitality Trust, Inc. (the “ Company ”), on April 17, 2024, J. Robison Hays, III, President and Chief Executive Officer of the Company, gave notice of his intention to voluntarily resign from his employment and all other employment-related positions he holds with the Company’s advisor, Ashford Inc., and its subsidiaries, affiliated entities, and entities that it advises (including the Company).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000089/0001232582-24-000089-index.htm

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