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Apple Hospitality (APLE) Director Granted 2,201 Shares as Board Retainer

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

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.

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*
GATHRIGHT KRISTIAN M

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
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 08/29/2025 A(1) 2,201 A $13.06(2) 996,656 D
Common Shares 70(3) I By Son
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. Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors of Apple Hospitality REIT, Inc.
2. Per share value is the closing price for the Company's common shares on the New York Stock Exchange on August 29, 2025.
3. The reporting person disclaims beneficial ownership of the reported shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose.
/s/ Kelly C. Clarke, Attorney-in-fact 09/03/2025
** 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 transaction did APLE director Kristian M. Gathright report on Form 4?

He reported receiving 2,201 common shares as the quarterly equity retainer on 08/29/2025 valued at $13.06 per share.

How many APLE shares does Kristian M. Gathright beneficially own after the transaction?

The filing reports 996,656 shares beneficially owned following the reported transaction.

Does the Form 4 show any sales or option exercises by the reporting person for APLE?

No. The Form 4 shows an acquisition of shares as compensation and discloses no sales or derivative activity.

What is the significance of the 70 shares reported as indirect ownership?

The filing states the 70 shares are held by his son and the reporting person disclaims beneficial ownership of those shares.

When was the Form 4 signed and filed for this APLE transaction?

The signature by attorney-in-fact is dated 09/03/2025.
Apple Hospitality Reit Inc

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2.90B
216.74M
7.08%
87.89%
7.31%
REIT - Hotel & Motel
Real Estate Investment Trusts
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United States
RICHMOND