{"schema_version":"secwatch.filing_event.v1","accession":"0001574085-26-000009","form_type":"8-K","ticker":"BHR","cik":"0001574085","company_name":"Braemar Hotels & Resorts Inc.","filed_at":"2026-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.498504+00:00","generated_at":"2026-05-16T07:31:41.362755+00:00","sec_items":["7.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Braemar Hotels & Resorts: 2025 distributions all return of capital","bullets":["Common stock distribution of $0.20 per share entirely classified as return of capital.","Series B preferred distribution $1.3752, Series D $2.0624 all return of capital.","All eight Series E preferred series distributed $1.875/share as return of capital.","Series M preferred distributions ranged $2.0979-$2.1354/share, all return of capital.","No ordinary taxable dividends, Section 199A dividends, or capital gain distributions in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001574085-26-000009","json":"https://secwatch.observer/filing/0001574085-26-000009.json","markdown":"https://secwatch.observer/filing/0001574085-26-000009.md","text":"https://secwatch.observer/filing/0001574085-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1574085/000157408526000009/0001574085-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1574085/000157408526000009/bhr-20260127.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T07:31:41.362755+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"}