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Apple Hospitality REIT (APLE) awards 2,297 deferred stock units to director Handlon

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

Rhea-AI Filing Summary

Handlon Carolyn B reported acquisition or exercise transactions in this Form 4 filing.

Apple Hospitality REIT director Carolyn B. Handlon received a compensation-related equity grant. She was awarded 2,297 Deferred Stock Units on May 29, 2026 at an assigned value of $14.69 per unit, each economically equivalent to one common share.

These units were credited under the company’s Non-Employee Director Deferral Program within the 2024 Omnibus Incentive Plan and represent voluntary deferred compensation. The filing also shows she directly holds 31,808 common shares after the reported transactions. The Deferred Stock Units will be paid in the form elected under the deferral plan or upon death, disability, or a change in control.

Positive

  • None.

Negative

  • None.
Insider Handlon Carolyn B
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 2,297 $14.69 $34K
holding Common Shares -- -- --
Holdings After Transaction: Deferred Stock Units — 2,297 shares (Direct, null); Common Shares — 31,808 shares (Direct, null)
Footnotes (1)
  1. 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.
Deferred Stock Units granted 2,297 units Grant to Carolyn B. Handlon on May 29, 2026
Unit value $14.69 per unit Assigned value for Deferred Stock Units granted
Underlying common shares 2,297 shares Common shares underlying the Deferred Stock Units
Common shares held 31,808 shares Direct common share holdings after transactions
Deferred Stock Units financial
"Each Deferred Stock Unit is economically equivalent to one share of Common Stock."
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.
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"
2024 Omnibus Incentive Plan financial
"under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan, which includes voluntary deferred compensation."
change in control financial
"payable ... 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.
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SEC Form 4
FORM 4UNITED 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 VIRGINIA 23219

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Apple Hospitality REIT, Inc. [ APLE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares31,808D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)05/29/2026A2,297(2) (3) (3)Common Shares2,297$14.692,297D
Explanation of Responses:
1. Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
2. 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.
3. 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.
/s/ Kelly C. Clarke, Attorney-in-fact06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Apple Hospitality REIT (APLE) disclose about Carolyn B. Handlon’s equity compensation?

Apple Hospitality REIT reported that director Carolyn B. Handlon received 2,297 Deferred Stock Units as compensation. Each unit is economically equivalent to one common share and was credited under the company’s Non-Employee Director Deferral Program within the 2024 Omnibus Incentive Plan.

How many Deferred Stock Units did APLE grant to director Carolyn B. Handlon?

APLE granted Carolyn B. Handlon 2,297 Deferred Stock Units on May 29, 2026. These units are valued at $14.69 per unit and are tied to the company’s common shares under its 2024 Omnibus Incentive Plan and related Non-Employee Director Deferral Program.

At what value were Carolyn B. Handlon’s Deferred Stock Units recorded by Apple Hospitality REIT?

The Deferred Stock Units granted to Carolyn B. Handlon were recorded at $14.69 per unit. Each unit is economically equivalent to one share of Apple Hospitality REIT common stock, reflecting the company’s valuation for this compensation-related equity award on the transaction date.

What does the Form 4 reveal about Carolyn B. Handlon’s APLE common share holdings?

The Form 4 shows that Carolyn B. Handlon directly holds 31,808 Apple Hospitality REIT common shares following the reported transactions. This figure reflects her direct ownership position in the company’s common stock as of the Form 4’s transaction date, separate from her Deferred Stock Units.

How and when are APLE Deferred Stock Units for Carolyn B. Handlon payable?

Her Deferred Stock Units are payable as provided under the deferral plan, either at the elected date or event or upon death, disability, or a change in control. This structure allows payment timing to follow the plan’s elections and defined triggering events.

Are the Deferred Stock Units granted to Carolyn B. Handlon equivalent to Apple Hospitality REIT common stock?

Yes, each Deferred Stock Unit granted to Carolyn B. Handlon is economically equivalent to one share of Apple Hospitality REIT common stock. Although paid later under the deferral plan, the units track the economic value of an equal number of common shares.