Apple Hospitality (APLE) Director Granted 2,201 Shares as Board Retainer
Rhea-AI Filing Summary
Apple Hospitality REIT director Kristian M. Gathright received 2,201 common shares as the quarterly equity portion of his board retainer on 08/29/2025 at a per-share value of $13.06 (NY Stock Exchange close). After the grant he is reported to beneficially own 996,656 shares directly. The filing notes 70 shares are reported as indirectly owned by his son, which the reporting person disclaims as beneficial ownership. The transaction was reported on Form 4 and signed by an attorney-in-fact on 09/03/2025.
Positive
- Director received equity compensation aligning management and board interests with shareholders
- Post-transaction direct ownership of 996,656 shares indicates continued significant shareholding by the reporting person
Negative
- None.
Insights
TL;DR: Routine director equity compensation; no material change to control or ownership.
The grant of 2,201 shares reflects standard non-cash compensation for board service, using the closing NYSE price to value the payment. The post-transaction direct holding of 996,656 shares is substantial in absolute terms but the filing does not indicate any change in voting control or new related-party transactions. The disclaimer regarding 70 shares held by the reporting person’s son is standard language to clarify indirect holdings.
TL;DR: Small issuance relative to total outstanding shares; immaterial to APLE's capital structure.
The 2,201-share award is a modest, routine issuance tied to compensation policy and valued at $13.06 per share. There is no sale or purchase for cash, and no derivative or option activity disclosed. For investors this is a routine disclosure showing director alignment via equity rather than a signal of material corporate change.