Apple Hospitality (APLE) executive chair receives unrestricted and restricted shares

Rhea-AI Filing Summary

Apple Hospitality REIT, Inc. reported that Executive Chairman Glade M. Knight acquired company common shares through equity awards on March 3, 2026 under the Company’s 2025 incentive plan. He received 18,779 unrestricted common shares, with a per-share value of $12.10, and 11,894 restricted common shares as settlement for amounts earned.

The restricted shares are subject to vesting conditions and cannot vest until December 11, 2026. After these awards, Knight held 729,123 common shares directly, rising to 741,017 following the restricted-share grant. Indirect holdings reported include 268,858 common shares held by his spouse and 9,837,031 common shares held in a closely held LLC, with a disclaimer that beneficial ownership is only to the extent of his pecuniary interest.

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^*

KNIGHT GLADE M

(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
X	Officer (give title below)		Other (specify below)
	Executive Chairman

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		18,779(1)	A	$12.1(2)	729,123	D
Common Shares	03/03/2026		A		11,894(3)	A	$0.00	741,017	D
Common Shares								268,858	I	By Spouse
Common Shares								9,837,031(4)	I	In closely held LLC

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. The reporting person disclaims beneficial ownership of the reported shares to the extent the shares reported exceed the reporting person's pecuniary interest in such 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.
* 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 did Glade M. Knight acquire in Apple Hospitality REIT (APLE) on March 3, 2026?

Glade M. Knight received common share awards in Apple Hospitality REIT on March 3, 2026. He was granted 18,779 unrestricted common shares and 11,894 restricted common shares as settlement for amounts earned under the Company’s 2025 incentive plan.

What was the value per share for Glade M. Knight’s unrestricted Apple Hospitality REIT (APLE) award?

The per-share value for the unrestricted common shares was $12.10. This value reflects the average of the high and low trading prices for Apple Hospitality REIT’s common shares on the New York Stock Exchange on March 3, 2026, as disclosed.

When do Glade M. Knight’s restricted Apple Hospitality REIT (APLE) shares vest?

The restricted common shares cannot vest until December 11, 2026. These shares were issued as settlement for amounts earned under the Company’s 2025 incentive plan and remain subject to the stated vesting restriction until that date.

How many Apple Hospitality REIT (APLE) shares does Glade M. Knight hold directly after the transactions?

After the reported awards, Glade M. Knight held 729,123 Apple Hospitality REIT common shares directly following the unrestricted share grant, and 741,017 common shares directly after the additional restricted share grant reported for March 3, 2026.

What indirect Apple Hospitality REIT (APLE) holdings are reported for Glade M. Knight?

Indirect holdings include 268,858 common shares held by his spouse and 9,837,031 common shares held in a closely held LLC. The reporting person disclaims beneficial ownership of these shares beyond the extent of his pecuniary interest in them.

Were Glade M. Knight’s Apple Hospitality REIT (APLE) awards part of a compensation plan?

Yes. Both the unrestricted and restricted common shares were issued as settlement for amounts earned under Apple Hospitality REIT’s 2025 incentive plan, reflecting equity-based compensation tied to that specific Company program.