STOCK TITAN

Board member Jon Fosheim receives Apple Hospitality (NYSE: APLE) equity grants

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

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.

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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
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*
Fosheim Jon A

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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 02/27/2026 A(1) 1,173 A $12.26(2) 23,265 D
Common Shares 47,641.934 I By Family Trust(3)
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
Deferred Stock Units (4) 02/27/2026 A 1,418(5) (6) (6) Common Shares 1,418 $12.26 26,976 D
Deferred Stock Units (4) 02/27/2026 J 500(7) (6) (6) Common Shares 500 $12.26 27,476 D
Explanation of Responses:
1. Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors of Apple Hospitality REIT, Inc.
2. Per share value is the closing price for the Company's common shares on the New York Stock Exchange on February 27, 2026.
3. The reporting person and his spouse are co-trustees and beneficiaries of the Trust.
4. Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
5. 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.
6. 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.
7. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.
/s/ Kelly C. Clarke, Attorney-in-fact 03/03/2026
** 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).
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.

FAQ

What did Jon A. Fosheim report in this Apple Hospitality (APLE) Form 4 filing?

Jon A. Fosheim reported equity awards for his Board service, including 1,418 Deferred Stock Units and 1,173 common shares, valued at $12.26 per share, plus 500 additional Deferred Stock Units credited as dividend equivalents on previously awarded units.

How are the Deferred Stock Units reported by APLE director Jon A. Fosheim structured?

Each Deferred Stock Unit is economically equivalent to one Apple Hospitality common share. Units are credited under the company’s Non-Employee Director Deferral Program within the 2024 Omnibus Incentive Plan and generally become payable based on the form and timing elections allowed under that program.

Why did Jon A. Fosheim receive these Apple Hospitality equity awards?

The filing states the equity represents the quarterly payment of the equity component of Fosheim’s retainer fee for serving on Apple Hospitality’s Board. This compensation takes the form of Deferred Stock Units and common shares rather than cash payments.

At what price were Jon A. Fosheim’s Apple Hospitality awards valued?

The per-share value for the reported grants was $12.26, equal to the closing price of Apple Hospitality’s common shares on the New York Stock Exchange on February 27, 2026, as disclosed in the Form 4 footnotes.

What indirect Apple Hospitality share holdings does Jon A. Fosheim report?

The Form 4 shows 47,641.934 Apple Hospitality common shares held indirectly by a family trust. Fosheim and his spouse are co-trustees and beneficiaries of this trust, giving them an indirect ownership interest in these shares in addition to his directly held positions.

When will Jon A. Fosheim’s Apple Hospitality Deferred Stock Units be paid out?

Deferred Stock Units credited under the Non-Employee Director Deferral Program are generally payable in the form elected under the plan on the earlier of the elected date or event, or upon death, disability, or a change in control as defined in the program.
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