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Apple Hospitality REIT (APLE) SVP reports equity awards and tax share surrender

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

Rhea-AI Filing Summary

Apple Hospitality REIT, Inc. senior vice president and Chief Capital Investment Officer Jeanette Clarke reported equity compensation transactions in company common shares. On March 3, 2026, she received 22,120 unrestricted common shares valued at $12.10 per share as settlement under the company’s 2025 incentive plan. She was also granted 14,010 restricted common shares as additional settlement under the 2025 incentive plan; these shares are restricted and cannot vest until December 11, 2026. To cover tax withholding obligations tied to the unrestricted share issuance, 9,976 common shares were surrendered back to the company. Following these transactions, Clarke directly owned 205,107 common shares of Apple Hospitality REIT.

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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*
Clarke Jeanette

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP Chief Cap. Invest. Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 A 22,120(1) A $12.1(2) 201,073 D
Common Shares 03/03/2026 A 14,010(3) A $0.00 215,083 D
Common Shares 03/03/2026 F 9,976(4) D $12.1(2) 205,107 D
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
Explanation of Responses:
1. Unrestricted common shares issued as settlement for amounts earned under the Company's 2025 incentive plan.
2. Per share value is the average of the high and low trading price for the Company's common shares on the New York Stock Exchange on March 3, 2026.
3. Restricted common shares issued as settlement for amounts earned under the Company's 2025 incentive plan. The shares are restricted and cannot vest until December 11, 2026.
4. Reflects common shares surrendered to the Company to satisfy tax withholding obligations in connection with the issuance of unrestricted common shares.
/s/ Kelly C. Clarke, Attorney-in-fact 03/05/2026
** 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 Apple Hospitality REIT (APLE) insider Jeanette Clarke report on this Form 4?

Jeanette Clarke, a senior vice president at Apple Hospitality REIT, reported equity compensation activity. She received unrestricted and restricted common shares under the 2025 incentive plan and surrendered some shares back to the company to satisfy tax withholding obligations related to the award settlement.

How many Apple Hospitality REIT (APLE) shares did Jeanette Clarke receive as unrestricted awards?

Jeanette Clarke received 22,120 unrestricted common shares of Apple Hospitality REIT. The per-share value for this award was based on an average trading price of $12.10, calculated from the high and low prices on the New York Stock Exchange on March 3, 2026.

What restricted stock did Jeanette Clarke receive from Apple Hospitality REIT (APLE)?

Clarke was issued 14,010 restricted common shares as settlement for amounts earned under Apple Hospitality REIT’s 2025 incentive plan. These restricted shares are subject to vesting conditions and cannot vest until December 11, 2026, according to the disclosed footnote language in the filing.

Why were 9,976 Apple Hospitality REIT (APLE) shares surrendered in this Form 4?

The filing states that 9,976 common shares were surrendered to Apple Hospitality REIT. This surrender satisfied tax withholding obligations arising from the issuance of unrestricted common shares, meaning shares were given back to the company instead of using cash to cover related tax liabilities.

What is Jeanette Clarke’s Apple Hospitality REIT (APLE) share ownership after these transactions?

After the reported Form 4 transactions, Jeanette Clarke directly held 205,107 common shares of Apple Hospitality REIT. This figure reflects the combination of newly issued unrestricted and restricted shares, minus the shares surrendered to the company for tax withholding obligations on March 3, 2026.

Are Jeanette Clarke’s new Apple Hospitality REIT (APLE) restricted shares immediately vested?

The newly granted restricted common shares are not immediately vested. The filing notes that these 14,010 restricted shares cannot vest until December 11, 2026, meaning Clarke must wait until at least that date before the vesting conditions can be satisfied.
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