On April 9, 2024, Blackwells Capital LLC announced that it has filed a preliminary proxy statement with Securities and Exchange Commission, requesting the shareholders of Ashford Hospitality Trust Inc to vote against the Company board nominees Monty J Bennett, Amish Gupta, J Robison Hays III, Kamal Jafarnia, David W Johnson, Frederick J Kleisner, Sheri L Pantermuehl, Davinder Sonny Sra and Alan L Tallis, vote against the Company proposal regarding the approval of the advisory vote on the Company?s executive compensation, at the annual meeting of shareholders scheduled to be held on May 14, 2024.