Board member Jon Fosheim receives Apple Hospitality (NYSE: APLE) equity grants
Rhea-AI Filing Summary
Apple Hospitality REIT, Inc. director Jon A. Fosheim reported equity awards tied to his Board service. He acquired 1,418 Deferred Stock Units and 1,173 common shares as a grant or award on the basis of a per-share value of $12.26, which was the closing price on February 27, 2026.
An additional 500 Deferred Stock Units were credited pursuant to dividend equivalent rights on previously awarded units. Each Deferred Stock Unit is economically equivalent to one common share and is credited under the company’s Non-Employee Director Deferral Program within the 2024 Omnibus Incentive Plan.
Following these transactions, Fosheim holds Deferred Stock Units and common shares directly, and also has indirect ownership of 47,641.934 common shares held by a family trust for which he and his spouse serve as co-trustees and beneficiaries.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,418 | $12.26 | $17K |
| Other | Deferred Stock Units | 500 | $12.26 | $6K |
| Grant/Award | Common Shares | 1,173 | $12.26 | $14K |
| holding | Common Shares | -- | -- | -- |
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. 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.