ASHFORD HOSPITALITY TRUST INC 8-K

What Happened
Ashford Hospitality Trust, Inc. (AHT) reported in an 8-K filed Feb 20, 2026 that its indirect subsidiary Ashford Austin LP completed the sale of the Embassy Suites Austin (Austin, TX) on February 17, 2026. The transaction, pursuant to an Agreement of Purchase and Sale dated November 11, 2025, closed with Galleria Lodging, LP and Arboretum Lodging as the purchasers for $13.5 million in cash, subject to customary prorations and adjustments.

Key Details

• Sale price: $13.5 million in cash.
• Closing date: February 17, 2026 (Agreement dated November 11, 2025).
• Seller(s): Ashford Austin LP (indirect subsidiary) and New Houston Hotel Limited Partnership (collectively as seller).
• Buyer(s): Galleria Lodging, LP and Arboretum Lodging (collectively as purchaser); transaction subject to customary proration/adjustments.
• The 8-K also attaches unaudited pro forma financial information (Exhibit 99.1) showing the effect on the company for the nine months ended Sept 30, 2025 and year ended Dec 31, 2024.

Why It Matters
This transaction removes a Texas hotel from AHT’s portfolio and generates $13.5M in cash proceeds, which will affect the company’s asset base and cash position. The attached unaudited pro forma financials will show how the sale changes reported results and historical metrics; investors should review those exhibits and future disclosures for details on the impact to revenue, cash flow and any use of proceeds.