Company: BHR-PD
Filing Date: 2025-10-30
Form Type: DEF 14A
Source: 0001574085-25-000111
Chunk: 42

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-10-30
Form: DEF 14A
Chunk 42
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 March 3, 2023 and assuming continued service and achievement of the specified performance-based vesting criteria, the awards will vest on December 31, 2025. Amount reflects the threshold payout level, which is 50% of the target level, based on actual performance as of December 31, 2024; however, the actual number of PSUs or Performance LTIPs that will vest could range from 0% to 200% of the target number.

2025 Proxy Statement 29

#### TABLE OF CONTENTS

#### Equity Awards Vested in Fiscal Year 2024
The following table provides information concerning equity awards granted by us that vested during 2024. None of the named executive officers hold any stock option awards.

| Name                |     | Stock Awards: Number of Equity Awards Acquired on Vesting |         |     | Value Realized on Vesting(1)(2) |           |
|:--------------------|:----|:----------------------------------------------------------|--------:|:----|:--------------------------------|----------:|
| Richard J. Stockton |     |                                                           | 475,182 |     | $                               | 1,379,246 |
| Deric S. Eubanks    |     |                                                           | 238,530 |     | $                               |   683,421 |
| Alex Rose           |     |                                                           |  81,128 |     | $                               |   246,520 |
| Justin Coe          |     |                                                           |   3,728 |     | $                               |     7,195 |

(1) This amount includes common stock and also vested LTIP units based upon the market value of our common stock upon vesting. Because of the nature of LTIP units, the actual value upon vesting, if any, may have been less, and the actual amount realized will not be determinable until the units are redeemable.

(2) This amount includes common stock and LTIPs that were issued as fully vested equity pursuant to the vesting of the 2022 PSU and PLTIP awards.

#### Pension Benefits
We do not provide pension or retirement benefits to our named executive officers.

#### Nonqualified Deferred Compensation
Our named executive officers have not received any nonqualified deferred compensation.

Potential Payments Upon Termination of Employment or Change of Control

We are not a party to any employment agreements with our executive officers. As a result, all payments we would need to make to any named executive officer upon termination of employment or following