---
schema_version: "secwatch.filing_event.v1"
accession: "0001574085-26-000087"
form_type: "8-K"
ticker: "BHR"
cik: "0001574085"
company_name: "Braemar Hotels & Resorts Inc."
filed_at: "2026-05-22T20:24:38+00:00"
generated_at: "2026-05-22T20:30:10.910124+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Braemar extends fee renegotiation deadline with advisor Ashford Inc. to Dec 31, 2026

## Summary
- Amendment No. 3 extends negotiation period for revised Base Fee or Incentive Fee through Dec 31, 2026.
- Parties agree to postpone arbitration of fee disputes until after Jan 1, 2027.
- No other terms of the Fifth Amended and Restated Advisory Agreement changed.
- Independent directors of both boards approved the amendment.

## SEC filing metadata
- accession: 0001574085-26-000087
- form_type: 8-K
- ticker: BHR
- cik: 0001574085
- company_name: Braemar Hotels & Resorts Inc.
- filed_at: 2026-05-22T20:24:38+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1574085/000157408526000087/0001574085-26-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1574085/000157408526000087/bhr-20260521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001574085-26-000087
- JSON: https://secwatch.observer/filing/0001574085-26-000087.json
- Plain text: https://secwatch.observer/filing/0001574085-26-000087.txt

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