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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Deferred Stock Units | 74 | $12.06 | $892.44 |
| Exercise | Deferred Stock Units | 11,271 | $0.00 | -- |
| Exercise | Common Shares | 11,271 | $0.00 | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- Represents unrestricted common shares issued as settlement for previously awarded Deferred Stock Units credited to the reporting person under the Apple Hospitality REIT, Inc. Non- Employee Director Deferral Program (the "Deferral Plan"), under the Apple Hospitality REIT, Inc. 2014 Omnibus Incentive Plan and based on a voluntary elected payment date. Each Deferred Stock Unit is economically equivalent to one share of Common Stock. The reporting person and his spouse are co-trustees and beneficiaries of the Trust. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units. 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. Per share value is the closing price for the Company's common shares on the New York Stock Exchange on January 2, 2026. Represents the vesting of Deferred Stock Units previously credited to the reporting person under the Deferral Plan based on a voluntary elected payment date and settled in the form of unrestricted common shares.
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.
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.
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.