Apple Hospitality REIT (APLE) director converts deferred units into common shares
Rhea-AI Filing Summary
Apple Hospitality REIT, Inc. director reported routine equity compensation activity involving deferred stock units and common shares. On 01/01/2026, 11,271 unrestricted common shares were issued as settlement for previously awarded Deferred Stock Units under the company’s Non-Employee Director Deferral Program, increasing the director’s directly held common shares to 22,092.
The filing also shows 47,641.934 common shares held indirectly through a family trust where the director and spouse are co-trustees and beneficiaries. Each Deferred Stock Unit is economically equivalent to one common share, and 74 additional Deferred Stock Units were credited as dividend equivalents. Following these transactions, the director beneficially owns derivative interests in 25,558 Deferred Stock Units, with a referenced per-share value of $12.06 based on the New York Stock Exchange closing price on January 2, 2026.
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FAQ
What insider transaction did Apple Hospitality REIT (APLE) report in this Form 4?
The filing reports that a director of Apple Hospitality REIT, Inc. received 11,271 unrestricted common shares on 01/01/2026 as settlement of previously awarded Deferred Stock Units under the Non-Employee Director Deferral Program.
How many Apple Hospitality REIT (APLE) common shares does the director own after the transaction?
After the reported transaction, the director beneficially owns 22,092 common shares directly and 47,641.934 common shares indirectly through a family trust.
What are Deferred Stock Units in the Apple Hospitality REIT (APLE) director plan?
Each Deferred Stock Unit is stated to be economically equivalent to one share of Common Stock, credited under the company’s Non-Employee Director Deferral Program and generally payable as provided in that plan.
What derivative securities are reported for the Apple Hospitality REIT (APLE) director?
The director reports Deferred Stock Units as derivative securities, including 74 units granted as dividend equivalents and 11,271 units that vested and were settled in unrestricted common shares, leaving 25,558 Deferred Stock Units beneficially owned.
How is the indirect ownership of Apple Hospitality REIT (APLE) shares structured for the director?
The filing notes that the director and spouse are co-trustees and beneficiaries of a family trust that holds 47,641.934 common shares, which are reported as indirectly owned.
What reference price is used for the Apple Hospitality REIT (APLE) equity reported in this Form 4?
The explanation states that the $12.06 per share value is the closing price for the company’s common shares on the New York Stock Exchange on January 2, 2026.