Apple Hospitality (APLE) Director Granted 2,201 Shares as Quarterly Retainer
Rhea-AI Filing Summary
Carolyn B. Handlon, a director of Apple Hospitality REIT, Inc. (APLE), received 2,201 common shares on 08/29/2025 as the equity component of her quarterly board retainer. The shares were recorded at a per-share value of $13.06, which the filer identifies as the NYSE closing price on 08/29/2025, bringing her total beneficial ownership to 27,045 common shares following the transaction.
The Form 4 was filed as a single reporting person filing and signed on the filing as /s/ Kelly C. Clarke, Attorney-in-fact on 09/03/2025. The disclosure lists the transaction code and explains the shares were issued as director compensation; no derivative transactions or other dispositions are reported.
Positive
- Director received equity compensation, aligning management incentives with shareholders through issuance of 2,201 common shares
- Disclosure is specific: transaction date (08/29/2025), per-share value ($13.06), and post-transaction beneficial ownership (27,045 shares) are provided
- Filing indicates compliance with Section 16 reporting requirements and shows the transaction code and explanation for the issuance
Negative
- None.
Insights
TL;DR: Small director equity award increases insider ownership modestly and reflects routine compensation policy.
The Form 4 documents a non-derivative acquisition of 2,201 common shares by Director Carolyn B. Handlon on 08/29/2025 at a per-share value reported as $13.06, consistent with a quarterly equity retainer. This is a compensation issuance rather than a market purchase or sale, so it does not signal trading intent. The incremental increase to 27,045 shares is explicitly stated and should be viewed as alignment-based compensation rather than a material ownership change.
TL;DR: Routine Form 4 filing confirms equity-based director compensation and timely disclosure under Section 16.
The disclosure clearly attributes the shares to the quarterly equity component of the board retainer. The filing indicates compliance with disclosure requirements: reporter identity, transaction date, number of shares issued, valuation method, and beneficial ownership after the grant. There are no derivative positions or joint filers noted. The filing meets standard governance transparency for director compensation.