Apple Hospitality (NYSE: APLE) director awarded shares and deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apple Hospitality REIT director Jon A. Fosheim reported equity compensation and related holdings updates. He received a grant of 2,068 common shares at $14.69 per share as the equity component of his quarterly retainer for serving on the Board of Directors. After this grant, he directly holds 11,680 common shares.
He also acquired 229 Deferred Stock Units and had 449 additional Deferred Stock Units credited pursuant to dividend equivalent rights on previously awarded units, all valued at $14.69 per unit. Each Deferred Stock Unit is economically equivalent to one common share, and total Deferred Stock Units credited to him under the company’s deferral program now stand at 28,154. Separately, 61,294.934 common shares are held indirectly through a family trust, for which he and his spouse are co‑trustees and beneficiaries.
Positive
- None.
Negative
- None.
Insights
Fosheim’s Form 4 shows routine equity compensation grants, not open-market trading.
Director Jon A. Fosheim received 2,068 common shares at $14.69 and additional Deferred Stock Units as part of his quarterly board retainer and deferral arrangements. These are compensation and deferral mechanisms rather than discretionary purchases or sales in the market.
The filing also clarifies his overall position: 11,680 common shares held directly, 28,154 Deferred Stock Units, and 61,294.934 common shares held via a family trust where he and his spouse act as co‑trustees and beneficiaries. No open‑market buys or sells are reported, so the informational signal is limited mainly to updated ownership levels.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Fosheim Jon A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 229 | $14.69 | $3K |
| Other | Deferred Stock Units | 449 | $14.69 | $7K |
| Grant/Award | Common Shares | 2,068 | $14.69 | $30K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 27,705 shares (Direct, null);
Common Shares — 11,680 shares (Direct, null);
Common Shares — 61,294.934 shares (Indirect, By Family Trust)
Footnotes (1)
- Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors of Apple Hospitality REIT, Inc. Per share value is the closing price for the Company's common shares on the New York Stock Exchange on May 29, 2026. The reporting person and his spouse are co-trustees and beneficiaries of the Trust. Each Deferred Stock Unit is economically equivalent to one share of Common Stock. Deferred Stock Units credited to the reporting person under the Apple Hospitality REIT, Inc. Amended and Restated Non-Employee Director Deferral Program (the "Deferral Plan"), under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan, which includes voluntary deferred compensation. The Deferred Stock Units credited under the Deferral 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. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.
Key Figures
Common shares granted: 2,068 shares at $14.69
Direct common shares after grant: 11,680 shares
Deferred Stock Units grant: 229 units at $14.69
+3 more
6 metrics
Common shares granted
2,068 shares at $14.69
Equity component of quarterly board retainer on May 29, 2026
Direct common shares after grant
11,680 shares
Direct holdings following the reported common share grant
Deferred Stock Units grant
229 units at $14.69
New Deferred Stock Units granted on May 29, 2026
Dividend-equivalent Deferred Stock Units
449 units at $14.69
Deferred Stock Units from dividend equivalent rights
Total Deferred Stock Units
28,154 units
Deferred Stock Units credited under the deferral program after transactions
Indirect trust-held shares
61,294.934 shares
Common shares held via family trust with Fosheim and spouse as co‑trustees
Key Terms
Deferred Stock Units, dividend equivalent rights, Non-Employee Director Deferral Program, change in control, +1 more
5 terms
Deferred Stock Units financial
"Deferred Stock Units credited to the reporting person under the Apple Hospitality REIT, Inc. Amended and Restated Non-Employee Director Deferral Program"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalent rights financial
"Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Non-Employee Director Deferral Program financial
"Deferred Stock Units credited to the reporting person under the Apple Hospitality REIT, Inc. Amended and Restated Non-Employee Director Deferral Program"
change in control financial
"payable ... on the earlier of ... or (ii) upon death, disability or change in control as defined under the Deferral Plan."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
quarterly retainer fee financial
"Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors"
FAQ
What did Apple Hospitality director Jon A. Fosheim receive in this Form 4 filing for APLE?
Jon A. Fosheim received a grant of 2,068 Apple Hospitality common shares at $14.69 per share as the equity component of his quarterly board retainer, plus additional Deferred Stock Units credited under the company’s non-employee director deferral arrangements.
How many Deferred Stock Units does Jon A. Fosheim hold with Apple Hospitality REIT (APLE)?
Following the transactions, Jon A. Fosheim has 28,154 Deferred Stock Units. These units are credited under Apple Hospitality’s Non-Employee Director Deferral Program, are economically equivalent to common shares, and include amounts from a new grant plus dividend equivalent rights.
Are the Apple Hospitality transactions for Jon A. Fosheim open-market buys or sales?
No open-market buys or sales are reported. The Form 4 describes grant and deferral-related acquisitions: equity retainer shares and Deferred Stock Units, plus updates to indirect holdings, rather than discretionary market trading activity.
What is the value basis used for Jon A. Fosheim’s Apple Hospitality equity grant?
The per-share value of the equity grant is based on the $14.69 closing price of Apple Hospitality’s common shares on the New York Stock Exchange on May 29, 2026, as specified in the filing footnotes.