secwatch.observer — SEC 8-K summary ====================================== Issuer: Braemar Hotels & Resorts Inc. (BHR) CIK: 0001574085 Form: 8-K Filed at: 2023-03-03T23:59:59+00:00 Accession: 0001574085-23-000029 Event type: other_material Sentiment: neutral Materiality: 0.20 Item codes: 1.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Braemar Hotels & Resorts enters waiver to award cash incentive compensation to Advisor employees in Q1-Q2 2023 -------------------------------------------------------------------------------- - Waiver allows cash incentive compensation to employees/representatives of Advisor during first two fiscal quarters of 2023. - Waiver is limited to this instance and does not affect other provisions of the Advisory Agreement. - Company bears all costs of the cash incentive awards. - Parties include Braemar Hotels & Resorts, its operating partnership, TRS, Ashford Inc., and Ashford Hospitality Advisors. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1574085/000157408523000029/0001574085-23-000029-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1574085/000157408523000029/bhr-20230302.htm HTML page: https://secwatch.observer/filing/0001574085-23-000029 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer