Director at Apple Hospitality (NYSE: APLE) adds deferred stock units
Rhea-AI Filing Summary
Hugh Redd reported acquisition or exercise transactions in this Form 4 filing.
Apple Hospitality REIT, Inc. director Hugh Redd reported new deferred stock unit activity. He received a grant or award of 2,345 Deferred Stock Units at a reference price of $12.26 per unit, each economically equivalent to one share of common stock. An additional 475 Deferred Stock Units were credited pursuant to dividend equivalent rights on previously awarded units. After these transactions, Redd directly holds 27,069 Deferred Stock Units and 147,540 common shares, with the deferred units credited under the company’s Amended and Restated Non-Employee Director Deferral Program and generally payable at the time and form provided under the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 2,345 | $12.26 | $29K |
| Other | Deferred Stock Units | 475 | $12.26 | $6K |
| holding | Common Shares | -- | -- | -- |
Footnotes (4)
- F1. Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
- F2. Deferred Stock Units credited to the reporting person under the Apple Hospitality REIT, Inc. Amended and Restated Non-Employee Director Deferral Program (the "Deferral Plan"), under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan, which includes voluntary deferred compensation.
- F3. 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.
- F4. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.
AI-generated analysis. How Rhea-AI works. Not financial advice.