[Form 4] Apple Hospitality REIT, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Apple Hospitality REIT, Inc. reported that SVP & Chief Operating Officer Karen Catherine Gallagher received incentive-based share awards on March 3, 2026. She acquired 37,824 unrestricted common shares at $12.10 per share and 23,957 restricted common shares issued under the company’s 2025 incentive plan.

Gallagher surrendered 17,058 common shares, valued at $12.10 per share, to the company to cover tax withholding tied to the unrestricted share issuance. After these transactions, she directly held 390,791 common shares.

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^*

Gallagher Karen Catherine

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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	03/03/2026		A		37,824(1)	A	$12.1(2)	383,892	D
Common Shares	03/03/2026		A		23,957(3)	A	$0.00	407,849	D
Common Shares	03/03/2026		F		17,058(4)	D	$12.1(2)	390,791	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. Unrestricted common shares issued as settlement for amounts earned under the Company's 2025 incentive plan.

2. Per share value is the average of the high and low trading price for the Company's common shares on the New York Stock Exchange on March 3, 2026.

3. Restricted common shares issued as settlement for amounts earned under the Company's 2025 incentive plan. The shares are restricted and cannot vest until December 11, 2026.

4. Reflects common shares surrendered to the Company to satisfy tax withholding obligations in connection with the issuance of unrestricted common shares.

	/s/ Kelly C. Clarke, Attorney-in-fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did APLE’s COO report on March 3, 2026?

Karen Catherine Gallagher reported incentive-related share activity on March 3, 2026. She received unrestricted and restricted Apple Hospitality common shares and surrendered some shares back to the company to satisfy tax withholding tied to those awards under the 2025 incentive plan.

How many Apple Hospitality (APLE) shares did the COO acquire in awards?

Karen Catherine Gallagher acquired 37,824 unrestricted common shares at $12.10 per share and 23,957 restricted common shares. Both issuances were settlements for amounts earned under Apple Hospitality’s 2025 incentive plan, reflecting equity-based compensation rather than open-market purchases.

Why were some APLE shares surrendered by the COO in this Form 4?

Gallagher surrendered 17,058 common shares to Apple Hospitality. According to the disclosure, these shares were delivered to the company to satisfy tax withholding obligations associated with the issuance of her unrestricted common share awards granted under the 2025 incentive plan.

What are the restrictions on the APLE restricted shares granted to the COO?

The restricted common shares issued to Gallagher are described as settlement for 2025 incentive plan amounts. The shares are restricted and cannot vest until December 11, 2026, meaning she must wait until that date before those restricted shares can fully vest.

How many Apple Hospitality (APLE) shares does the COO hold after these transactions?

Following the reported transactions, Gallagher directly held 390,791 Apple Hospitality common shares. This figure reflects the net effect of receiving unrestricted and restricted incentive shares and surrendering some shares back to the company for associated tax withholding obligations.