Apple Hospitality REIT (APLE) officer withholds shares to cover taxes
Rhea-AI Filing Summary
Apple Hospitality REIT, Inc. reported that its senior vice president and chief legal officer surrendered 8,940 common shares on 12/12/2025 at $12.12 per share back to the company to satisfy tax withholding obligations related to the vesting of restricted common shares. Following this withholding transaction, the officer directly beneficially owns 238,443 common shares.
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FAQ
What insider transaction did Apple Hospitality REIT (APLE) disclose in this filing?
The company disclosed that its senior vice president and chief legal officer surrendered 8,940 common shares to Apple Hospitality REIT, Inc. on 12/12/2025.
At what price were the Apple Hospitality REIT (APLE) shares surrendered?
The 8,940 common shares were valued at a price of $12.12 per share for this reported transaction.
Why were the Apple Hospitality REIT (APLE) shares surrendered by the officer?
The filing explains that the surrendered shares reflect common shares given back to the company to satisfy tax withholding obligations in connection with the vesting of restricted common shares.
How many Apple Hospitality REIT (APLE) shares does the officer own after the transaction?
After the reported withholding transaction, the senior vice president and chief legal officer directly beneficially owns 238,443 common shares of Apple Hospitality REIT, Inc.
What is the reporting person’s relationship to Apple Hospitality REIT (APLE)?
The reporting person is an officer of Apple Hospitality REIT, Inc., serving as SVP & Chief Legal Officer.
Was this Apple Hospitality REIT (APLE) insider transaction an open-market sale?
No. The explanation states that the shares were surrendered to the company to cover tax withholding upon vesting of restricted common shares, rather than sold in an open-market trade.