Apple Hospitality (NYSE: APLE) director receives share grant and Deferred Stock Units
Rhea-AI Filing Summary
Woolley Howard E. reported acquisition or exercise transactions in this Form 4 filing.
Apple Hospitality REIT director Howard E. Woolley received equity-based compensation rather than buying shares on the market. He was granted 2,297 common shares at a reference value of $14.69 per share as part of his quarterly retainer for serving on the Board of Directors, bringing his directly held common shares to 37,989.727.
He also received 365 Deferred Stock Units, each economically equivalent to one common share, credited under the company’s non-employee director deferral program as dividend-equivalent rights on previously awarded units, increasing his deferred stock unit balance to 22,734. These deferred units are generally payable under the deferral plan at an elected date or upon death, disability, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Deferred Stock Units | 365 | $14.69 | $5K |
| Grant/Award | Common Shares | 2,297 | $14.69 | $34K |
Footnotes (1)
- Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors of Apple Hospitality REIT, Inc. Per share value is the closing price for the Company's common shares on the New York Stock Exchange on May 29, 2026. Each Deferred Stock Unit is economically equivalent to one share of Common Stock. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units. The Deferred Stock Units credited under the Amended and Restated Non-Employee Director Deferral Program (the "Deferral Plan"), under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive 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.