Company: BHR-PD
Filing Date: 2025-09-04
Form Type: 3
Source: 0000921895-25-002533
Chunk: 1

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-09-04
Form: 3
Chunk 1
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 BL PCH LLC [F3]                                    |

| 1. Title of Derivative Security (Instr. 5) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |     |     |             |                          |     |     |   |
| Series B Preferred Stock                   |                                                   $18.70 | N/A                                                                         | N/A                                                    | N/A                                                      | N/A                                                   | N/A | N/A | [F4] - [F4] | Common Stock - 2,005     | N/A | N/A | I |
| Common Partnership Units                   |                                                    $0.00 | N/A                                                                         | N/A                                                    | N/A                                                      | N/A                                                   | N/A | N/A | [F5] - [F5] | Common Stock - 2,500,000 | N/A | N/A | I |

| ** Signature of Reporting Person 
 /s/ /s/ Babak Ghassemieh         | Date       
 09/04/2025 |

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