STOCK TITAN

Apple Hospitality (NYSE: APLE) director receives share grant and Deferred Stock Units

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

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.

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  • None.
Insider Woolley Howard E.
Role null
Type Security Shares Price Value
Other Deferred Stock Units 365 $14.69 $5K
Grant/Award Common Shares 2,297 $14.69 $34K
Holdings After Transaction: Deferred Stock Units — 22,734 shares (Direct, null); Common Shares — 37,989.727 shares (Direct, null)
Footnotes (1)
  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.
Common shares granted 2,297 shares Quarterly equity component of director retainer at $14.69 per share
Reference share price $14.69 per share Closing price on NYSE on May 29, 2026
Common shares after grant 37,989.727 shares Direct holdings of Howard E. Woolley following reported grant
Deferred Stock Units credited 365 units Dividend-equivalent rights on previously awarded Deferred Stock Units
Deferred Stock Units after credit 22,734 units Balance of Deferred Stock Units following this Form 4 transaction
Deferred Stock Units financial
"Represents Deferred Stock Units granted pursuant to dividend equivalent rights"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalent rights financial
"Represents Deferred Stock Units granted pursuant to dividend equivalent rights"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Non-Employee Director Deferral Program financial
"credited under the Amended and Restated Non-Employee Director Deferral Program"
change in control financial
"upon death, disability or change in control as defined under the Deferral Plan"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Omnibus Incentive Plan financial
"under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
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SEC Form 4
FORM 4UNITED 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*
Woolley Howard E.

(Last)(First)(Middle)
814 EAST MAIN STREET

(Street)
RICHMOND VIRGINIA 23219

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Apple Hospitality REIT, Inc. [ APLE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares05/29/2026A(1)2,297A$14.69(2)37,989.727D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(3)05/29/2026J365(4) (5) (5)Common Shares365$14.6922,734D
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 May 29, 2026.
3. Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
4. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.
5. 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.
/s/ Kelly C. Clarke, Attorney-in-fact06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What equity did Howard E. Woolley receive from Apple Hospitality REIT (APLE)?

Howard E. Woolley received 2,297 common shares and 365 Deferred Stock Units from Apple Hospitality REIT. The common shares are part of his quarterly board retainer, while the Deferred Stock Units are credited as dividend-equivalent rights on earlier unit awards.

Was the APLE Form 4 transaction an open-market stock purchase or sale?

The APLE Form 4 does not show an open-market purchase or sale. It reports a grant of common shares as director compensation and additional Deferred Stock Units tied to dividend-equivalent rights on prior awards, rather than discretionary trading in the market.

What is the reference price used for Howard Woolley’s Apple Hospitality share grant?

The reference price for the 2,297-share grant is $14.69 per share. Footnotes state this value equals the closing price of Apple Hospitality’s common shares on the New York Stock Exchange on May 29, 2026, the date of the transaction.

How many Apple Hospitality shares does Howard Woolley hold after this Form 4?

After the reported grant, Howard Woolley directly holds 37,989.727 Apple Hospitality common shares. In addition, he holds 22,734 Deferred Stock Units, which are economically equivalent to the same number of common shares under the company’s director deferral program.

What are Deferred Stock Units in the Apple Hospitality (APLE) filing?

Deferred Stock Units are instruments economically equivalent to one common share each. In this case, they accrue under Apple Hospitality’s non-employee director deferral program and are generally payable at an elected time or upon death, disability, or a change in control, as defined in the plan.

Why did Howard Woolley receive additional Deferred Stock Units from Apple Hospitality?

The 365 new Deferred Stock Units represent credits from dividend-equivalent rights on previously granted units. When dividends are paid on Apple Hospitality’s common shares, corresponding value is credited as additional units to maintain economic equivalence for the director’s deferred stock position.