{"schema_version":"secwatch.filing_event.v1","accession":"0001232582-26-000070","form_type":"8-K","ticker":"AHT","cik":"0001232582","company_name":"ASHFORD HOSPITALITY TRUST INC","filed_at":"2026-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.670584+00:00","generated_at":"2026-05-15T08:47:15.327121+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Ashford Hospitality Trust non-traded preferred stock liquidation value reaffirmed at $25.00/share as of Dec 31, 2025","bullets":["Stanger opinion: liquidation value of Series J, K, L, M preferred = $25.00/share, equal to per share liquidation preference.","Valuation used market cap, direct capitalization, and third-party appraisals; analyst target prices unavailable.","Under all methods, equity value exceeded total liquidation preference of all outstanding preferred securities.","Valuation is unaudited, not GAAP fair value, and subject to assumptions; no adjustment for post-Dec 31, 2025 events."],"urls":{"canonical":"https://secwatch.observer/filing/0001232582-26-000070","json":"https://secwatch.observer/filing/0001232582-26-000070.json","markdown":"https://secwatch.observer/filing/0001232582-26-000070.md","text":"https://secwatch.observer/filing/0001232582-26-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1232582/000123258226000070/0001232582-26-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1232582/000123258226000070/aht-20260326.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:47:15.327121+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"}