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Board member at Apple Hospitality REIT (NYSE: APLE) receives 2,345-share equity retainer grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Apple Hospitality REIT director receives equity retainer in shares. Director Carolyn B. Handlon acquired 2,345 common shares of Apple Hospitality REIT, Inc. on a grant basis at a per share value of $12.26, representing the equity component of her quarterly retainer fee for serving on the Board of Directors.

After this award, she directly holds a total of 31,808 common shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Handlon Carolyn B

(Last) (First) (Middle)
814 EAST MAIN STREET

(Street)
RICHMOND VA 23219

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Apple Hospitality REIT, Inc. [ APLE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 02/27/2026 A(1) 2,345 A $12.26(2) 31,808 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors of Apple Hospitality REIT, Inc.
2. Per share value is the closing price for the Company's common shares on the New York Stock Exchange on February 27, 2026.
/s/ Kelly C. Clarke, Attorney-in-fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Apple Hospitality REIT (APLE) disclose for Carolyn B. Handlon?

Apple Hospitality REIT reported that director Carolyn B. Handlon received a grant of 2,345 common shares. The shares represent the equity portion of her quarterly retainer fee for serving on the company’s Board of Directors and are not an open-market purchase or sale.

At what price was the equity retainer for Apple Hospitality REIT (APLE) director valued?

The equity retainer grant to director Carolyn B. Handlon was valued at $12.26 per share. This per share value equals the closing price of Apple Hospitality REIT’s common shares on the New York Stock Exchange on February 27, 2026, as stated in the filing footnote.

How many Apple Hospitality REIT (APLE) shares does Carolyn B. Handlon hold after this Form 4 transaction?

Following the reported equity grant, Carolyn B. Handlon directly holds 31,808 common shares of Apple Hospitality REIT. This figure reflects her ownership after adding the 2,345 shares awarded as the equity component of her quarterly Board retainer fee disclosed in the filing.

Is the Apple Hospitality REIT (APLE) insider transaction a market purchase or sale?

The transaction is not a market purchase or sale; it is a grant. The filing describes it as a quarterly payment of the equity component of Carolyn B. Handlon’s Board retainer, coded as a grant, award, or other acquisition of common shares, not an open-market trade.

What does transaction code "A" mean in the Apple Hospitality REIT (APLE) Form 4?

Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of securities. For Carolyn B. Handlon, it reflects the automatic issuance of 2,345 common shares as the equity portion of her quarterly retainer for serving on Apple Hospitality REIT’s Board.
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