secwatch.observer — SEC 8-K summary ====================================== Issuer: ASHFORD HOSPITALITY TRUST INC (AHT) CIK: 0001232582 Form: 8-K Filed at: 2026-03-26T23:59:59+00:00 Accession: 0001232582-26-000070 Event type: other_material Sentiment: neutral Materiality: 0.40 Item codes: 8.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Ashford Hospitality Trust non-traded preferred stock liquidation value reaffirmed at $25.00/share as of Dec 31, 2025 -------------------------------------------------------------------------------- - 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. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1232582/000123258226000070/0001232582-26-000070-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1232582/000123258226000070/aht-20260326.htm HTML page: https://secwatch.observer/filing/0001232582-26-000070 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer