BENNETT MONTY J

Filed: 3/26/2024ACC: 0001104659-24-039055

InsiderBENNETT MONTY JCIK 1260654

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IssuerASHFORD INC.CIK 1604738

DirectorOfficer10% Owner· CEO and Chairman of the Board

Since Feb 2019

+37.64K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

37.64K acquired

Non-Derivative Transactions0

No non-derivative transactions reported

Derivative Transactions1

Special Limited Partnership Units (2024)

Direct

A · Award

Converts to

Common Stock

37.64K shares

+37.64K

Strike price

0.00

Held after

37.64K

Exercisable

—

3/22/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Special Limited Partnership Units (2024) Direct	Common Stock37.64K shares	3/22/2024	A · Award	+37.64K	0.00	—	37.64K

Non-Derivative Holdings (Post-Transaction)8

Common Stock

Direct

Shares owned267.50K

Common Stock

Indirect

Shares owned4.66K

Common Stock

Indirect

Shares owned118.29K

Common Stock

Indirect

Shares owned15.00

Common Stock

Indirect

Shares owned8.92K

Common Stock

Indirect

Shares owned62.12K

Common Stock

Indirect

Shares owned13.41K

Common Stock

Indirect

Shares owned10.60K

Total

267.50K direct·218.01K indirect485.51K

Security Title	Shares Owned	Ownership Type
Common Stock	267.50K	Direct
Common Stock	4.66K	Indirect
Common Stock	118.29K	Indirect
Common Stock	15.00	Indirect
Common Stock	8.92K	Indirect
Common Stock	62.12K	Indirect
Common Stock	13.41K	Indirect
Common Stock	10.60K	Indirect
Total	485.51K	267.50K direct·218.01K indirect

Derivative Holdings (Post-Transaction)20

Series D Convertible Preferred Stock

Direct

Underlying security

Common Stock

Underlying shares

34.30K

Shares owned

152K

Exercise price

0.21

Expiration

—

Exercise window

—

Class 2 LTIP Units

Indirect

Underlying security

Common Stock

Underlying shares

90K

Shares owned

90K

Exercise price

61.12

Expiration

—

Exercise window

—

Class 2 LTIP Units

Indirect

Underlying security

Common Stock

Underlying shares

60K

Shares owned

60K

Exercise price

85.97

Expiration

—

Exercise window

—

Common Units

Indirect

Underlying security

Common Units

Underlying shares

78.67

Shares owned

78.67

Exercise price

0.00

Expiration

—

Exercise window

—

Stock Options (right to purchase)

Indirect

Underlying security

Common Stock

Underlying shares

35K

Shares owned

35K

Exercise price

85.97

Expiration

—

Exercise window

—

Common Units

Indirect

Underlying security

Common Units

Underlying shares

109.24

Shares owned

109.24

Exercise price

0.00

Expiration

—

Exercise window

—

Common Units

Indirect

Underlying security

Common Units

Underlying shares

35.91

Shares owned

35.91

Exercise price

0.00

Expiration

—

Exercise window

—

Common Units

Indirect

Underlying security

Common Units

Underlying shares

93.18

Shares owned

93.18

Exercise price

0.00

Expiration

—

Exercise window

—

Class 2 LTIP Units

Indirect

Underlying security

Common Stock

Underlying shares

100K

Shares owned

100K

Exercise price

45.59

Expiration

—

Exercise window

—

Series D Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

2.04M

Shares owned

9.05M

Exercise price

0.21

Expiration

—

Exercise window

—

Special Limited Partnership Units (2023)

Indirect

Underlying security

Common Stock

Underlying shares

41.17K

Shares owned

41.17K

Exercise price

0.00

Expiration

—

Exercise window

—

Class 2 LTIP Units

Indirect

Underlying security

Common Stock

Underlying shares

48.17K

Shares owned

48.17K

Exercise price

Expiration

—

Exercise window

—

Class 2 LTIP Units

Indirect

Underlying security

Common Stock

Underlying shares

50K

Shares owned

50K

Exercise price

57.34

Expiration

—

Exercise window

—

Common Units

Indirect

Underlying security

Common Units

Underlying shares

143.04

Shares owned

143.04

Exercise price

0.00

Expiration

—

Exercise window

—

Stock Options (right to purchase)

Direct

Underlying security

Common Stock

Underlying shares

77.21K

Shares owned

77.21K

Exercise price

94.96

Expiration

—

Exercise window

—

Stock Units under Deferred Compensation Plan

Indirect

Underlying security

Common Stock

Underlying shares

195.58K

Shares owned

195.58K

Exercise price

Expiration

—

Exercise window

—

Common Units

Indirect

Underlying security

Common Units

Underlying shares

501.60

Shares owned

501.60

Exercise price

0.00

Expiration

—

Exercise window

—

Class 2 LTIP Units

Indirect

Underlying security

Common Stock

Underlying shares

50K

Shares owned

50K

Exercise price

57.71

Expiration

—

Exercise window

—

Series D Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

18.05K

Shares owned

80K

Exercise price

0.21

Expiration

—

Exercise window

—

Special Limited Partnership Units (2022)

Indirect

Underlying security

Common Stock

Underlying shares

38.85K

Shares owned

38.85K

Exercise price

0.00

Expiration

—

Exercise window

—

Total

Underlying

2.88M

Owned

10.07M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Series D Convertible Preferred Stock Direct	Common Stock	0.21	—	—	34.30K	152K
Class 2 LTIP Units Indirect	Common Stock	61.12	—	—	90K	90K
Class 2 LTIP Units Indirect	Common Stock	85.97	—	—	60K	60K
Common Units Indirect	Common Units	0.00	—	—	78.67	78.67
Stock Options (right to purchase) Indirect	Common Stock	85.97	—	—	35K	35K
Common Units Indirect	Common Units	0.00	—	—	109.24	109.24
Common Units Indirect	Common Units	0.00	—	—	35.91	35.91
Common Units Indirect	Common Units	0.00	—	—	93.18	93.18
Class 2 LTIP Units Indirect	Common Stock	45.59	—	—	100K	100K
Series D Convertible Preferred Stock Indirect	Common Stock	0.21	—	—	2.04M	9.05M
Special Limited Partnership Units (2023) Indirect	Common Stock	0.00	—	—	41.17K	41.17K
Class 2 LTIP Units Indirect	Common Stock	45	—	—	48.17K	48.17K
Class 2 LTIP Units Indirect	Common Stock	57.34	—	—	50K	50K
Common Units Indirect	Common Units	0.00	—	—	143.04	143.04
Stock Options (right to purchase) Direct	Common Stock	94.96	—	—	77.21K	77.21K
Stock Units under Deferred Compensation Plan Indirect	Common Stock		—	—	195.58K	195.58K
Common Units Indirect	Common Units	0.00	—	—	501.60	501.60
Class 2 LTIP Units Indirect	Common Stock	57.71	—	—	50K	50K
Series D Convertible Preferred Stock Indirect	Common Stock	0.21	—	—	18.05K	80K
Special Limited Partnership Units (2022) Indirect	Common Stock	0.00	—	—	38.85K	38.85K
Total					2.88M	10.07M