Director at Apple Hospitality (NYSE: APLE) receives stock and deferred units
Rhea-AI Filing Summary
Woolley Howard E. reported acquisition or exercise transactions in this Form 4 filing.
Apple Hospitality REIT, Inc. director Howard E. Woolley reported routine equity compensation tied to his board service. On the transaction date, he received a grant of 2,345 common shares at a per‑share value of $12.26, increasing his directly held common shares to 35,692.727. He also was credited with 429 Deferred Stock Units, each economically equivalent to one common share, at the same reference price, bringing his directly held Deferred Stock Units to 22,369. Footnotes explain that the common share grant represents the equity component of his quarterly retainer fee and the Deferred Stock Units include credits from dividend-equivalent rights under the company’s non‑employee director deferral program.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Deferred Stock Units | 429 | $12.26 | $5K |
| Grant/Award | Common Shares | 2,345 | $12.26 | $29K |
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 February 27, 2026. Each Deferred Stock Unit is economically equivalent to one share of Common Stock. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units. 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.