Zsigray Stephen 4
Research Summary
AI-generated summary
Ashford Hospitality CEO Stephen Zsigray Forfeits 6,677 Shares
What Happened
Stephen Zsigray, President & CEO and a director of Ashford Hospitality Trust (AHT), forfeited 6,677 shares of common stock on July 1, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The transaction is recorded as a disposition (code F) at $3.24 per share, for a total value of approximately $21,633.
Key Details
- Transaction date: July 1, 2026; filing date: July 2, 2026 (filed next day).
- Price per share: $3.24 (footnote says this is the closing price on June 30, 2026).
- Shares disposed: 6,677; total value about $21,633.
- Transaction code F = shares forfeited to the issuer to satisfy tax withholding on vested restricted stock (Footnote F1). Footnote F2 confirms the price source.
- Shares owned after the transaction: not disclosed in the details provided.
- No indication this was a market sale or a 10% owner transaction — it was a routine tax-withholding forfeiture.
Context
Forfeiting shares to cover tax withholding is a standard administrative step when restricted stock vests; it is not an open-market sale and typically does not signal a change in insider conviction. The dollar amount here (~$21.6K) is modest relative to typical insider trades.