Apple Hospitality (APLE) Insider Filing: 2,201 Shares and 388 DSUs Granted

Rhea-AI Filing Summary

Howard E. Woolley, a director of Apple Hospitality REIT, Inc. (APLE), received equity compensation tied to his board retainer. On 08/29/2025 he was granted 2,201 common shares as the quarterly equity component of his director retainer, using the NYSE closing price of $13.06 per share. After that grant his reported beneficial ownership of common shares was 28,929.727 shares (direct). On the same date he was credited with 388 Deferred Stock Units granted as dividend equivalents; each unit is economically equivalent to one common share and those DSUs are recorded with a per-share value of $13.06, with 21,506 derivative shares reported as beneficially owned following the transaction.

Positive

• Transparent disclosure of the equity retainer grant and deferred stock units, including per-share valuation
• Director compensation paid in equity, aligning director interests with shareholders via shares and DSUs

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation in equity form; no governance red flags disclosed.

The Form 4 documents routine non-employee director compensation: a quarterly equity retainer paid in common shares and crediting of Deferred Stock Units, including dividend equivalents. The reporting person is identified as a director filing individually. The transaction amounts and valuation are explicitly disclosed, showing transparency in insider reporting. There is no indication of related-party transactions, amendments, or unusual vesting mechanics beyond the Deferral Plan’s standard payment conditions.

Compensation Analyst

TL;DR: Standard equity-based pay delivery; amounts and per-share valuation are disclosed clearly.

The disclosure shows a 2,201-share equity grant tied to the quarterly retainer and 388 DSUs credited as dividend equivalents, both valued at the NYSE close of $13.06 on the transaction date. The DSUs are economically equivalent to shares and payable under the company’s Deferral Plan on specified events. This is consistent with common practices for non-employee director compensation and does not indicate acceleration or special payouts beyond the plan terms.

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

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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^*

Woolley Howard E.

(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)
08/29/2025

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	08/29/2025		A(1)		2,201	A	$13.06(2)	28,929.727	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
Deferred Stock Units	(3)	08/29/2025		J		388(4)		(5)	(5)	Common Shares	388	$13.06	21,506	D

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 August 29, 2025.

3. Each Deferred Stock Unit is economically equivalent to one share of Common Stock.

4. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.

5. The Deferred Stock Units credited under the Amended and Restated Non-Employee Director Deferral Program (the "Deferral Plan"), under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan, are generally payable in the form elected or provided under the Deferral Plan on the earlier of (i) the date or event elected by the reporting person, or (ii) upon death, disability or change in control as defined under the Deferral Plan.

	/s/ Kelly C. Clarke, Attorney-in-fact	09/03/2025
	** 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).
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FAQ

What equity did APLE director Howard E. Woolley receive?

He received 2,201 common shares as a quarterly equity retainer and 388 Deferred Stock Units credited as dividend equivalents.

What price was used to value the shares and DSUs on this Form 4?

The per-share value used was the NYSE closing price of $13.06 on 08/29/2025.

How many common shares did Woolley beneficially own after the reported transaction?

The Form 4 reports 28,929.727 common shares beneficially owned following the transaction.

What are the Deferred Stock Units (DSUs) reported on the Form 4?

Each DSU is stated to be economically equivalent to one share, granted under the Deferral Plan and payable under specified events.

Were the DSUs associated with dividend equivalents?

Yes. The 388 DSUs represent units granted pursuant to dividend equivalent rights on previously awarded DSUs.