Apple Hospitality REIT director acquires 2,565 deferred units
A director of Apple Hospitality REIT received deferred stock units and now directly holds 147,540 common shares, outside any Rule 10b5-1 plan.
Rhea-AI Filing Summary
Apple Hospitality REIT, Inc. (APLE) director Hugh Redd reported acquiring 2,565 Deferred Stock Units on August 31, 2026, consisting of a 2,116-unit grant and 449 units credited as dividend equivalents, each economically equivalent to one common share at a reference price of $15.95 per unit. These Deferred Stock Units were credited under the company’s Amended and Restated Non-Employee Director Deferral Program within the 2024 Omnibus Incentive Plan, which includes voluntary deferred compensation, and are generally payable at the elected time or upon death, disability or change in control as defined in the plan. Following these transactions, Redd held 147,540 common shares directly, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hugh Redd
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2, F3 | 2,116 | $15.95 | $34K |
| Other | Deferred Stock Units F1, F4, F3 | 449 | $15.95 | $7K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 32,373 contracts (Direct);
Common Shares — 147,540 shares (Direct)
Footnotes (4)
- F1. Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
- F2. 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.
- F3. 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.
- F4. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.
Key Figures
Deferred Stock Units granted: 2,116 units
Dividend-equivalent Deferred Stock Units: 449 units
Total Deferred Stock Units acquired: 2,565 units
+2 more
5 metrics
Deferred Stock Units granted
2,116 units
Deferred Stock Units awarded on August 31, 2026
Dividend-equivalent Deferred Stock Units
449 units
Deferred Stock Units credited as dividend equivalents on August 31, 2026
Total Deferred Stock Units acquired
2,565 units
Sum of grant and dividend-equivalent Deferred Stock Units on August 31, 2026
Reference price per Deferred Stock Unit
$15.95 per unit
Price field for Deferred Stock Unit transactions on August 31, 2026
Common shares held after transactions
147,540 shares
Direct common share holdings as of August 31, 2026
Key Terms
Deferred Stock Units, dividend equivalent rights, voluntary deferred compensation, change in control
4 terms
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.
dividend equivalent rights financial
"Represents Deferred Stock Units granted pursuant to dividend equivalent rights"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
voluntary deferred compensation financial
"which includes voluntary deferred compensation"
change in control financial
"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.
FAQ
What insider transactions did APLE director Hugh Redd report on August 31, 2026?
He reported acquiring 2,565 Deferred Stock Units, including a 2,116-unit grant and 449 units credited as dividend equivalents, each economically equivalent to one common share, at a reference price of $15.95 per unit under the company’s director deferral program.
What are the key terms of the Deferred Stock Units reported by APLE director Hugh Redd?
Each Deferred Stock Unit is economically equivalent to one common share. Units were credited under the non-employee director Deferral Plan and 2024 Omnibus Incentive Plan and are generally payable at the elected time or upon death, disability or change in control as defined in the plan.
Were Hugh Redd’s APLE Deferred Stock Unit transactions made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is affirmed for these reported transactions, meaning they are not identified as pre-arranged trades under such a plan.
Why did Hugh Redd receive 449 additional Deferred Stock Units in APLE?
The 449 Deferred Stock Units represent units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units, effectively crediting additional units in lieu of cash dividends on earlier awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
