STOCK TITAN

Executive Chairman Knight Glade M Increases Direct APLE Holdings by 5,000 Shares

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

Rhea-AI Filing Summary

Knight Glade M, Executive Chairman and director of Apple Hospitality REIT, Inc. (APLE), reported a purchase of 5,000 common shares on 08/19/2025 at a weighted average price of $12.2902 per share. After the transaction the reporting person beneficially owned 705,344 shares directly. The filing also reports 268,858 shares held indirectly by a spouse and 9,837,031 shares held indirectly in a closely held LLC, with a disclaimer limiting beneficial ownership to the reporting person’s pecuniary interest in excess shares. The Form 4 was signed by an attorney-in-fact on 08/21/2025.

Positive

  • Insider increased direct ownership by purchasing 5,000 shares on 08/19/2025 at a weighted average price of $12.2902

Negative

  • None.

Insights

TL;DR: Small insider purchase increases direct stake slightly; not likely material to valuation but shows insider activity.

The reported acquisition of 5,000 shares at a weighted average price of $12.2902 increases the reporting person’s direct holdings to 705,344 shares. Relative to the indirect holdings disclosed (268,858 by spouse and 9,837,031 in an LLC), the direct purchase is modest. This transaction alone is unlikely to move market perceptions or company valuation given the scale of indirect holdings and the size of the purchase. Disclosure includes a disclaimer limiting beneficial ownership where shares exceed pecuniary interest.

TL;DR: Filing meets Section 16 disclosure requirements; ownership structure shows direct and complex indirect holdings.

The Form 4 properly discloses the reporting person’s role as Executive Chairman and director and reports the purchase details and post-transaction holdings. The inclusion of spouse-held shares and LLC-held shares, together with an express disclaimer, highlights a layered ownership structure that investors and compliance teams should note for clarity on actual voting and economic interests. The filing was executed via attorney-in-fact, consistent with routine practice.

SEC Form 4
FORM 4 UNITED 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*
KNIGHT GLADE M

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

(Street)
RICHMOND VA 23219

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Apple Hospitality REIT, Inc. [ APLE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Shares 08/19/2025 P 5,000 A $12.2902(1) 705,344 D
Common Shares 268,858 I By Spouse
Common Shares 9,837,031(2) I In closely held LLC
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was executed in two trades at prices ranging from $12.2900 to $12.2910; the price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request by the SEC Staff, the issuer, or a security holder of the issuer.
2. The reporting person disclaims beneficial ownership of the reported shares to the extent the shares reported exceed the reporting person's pecuniary interest in such shares.
/s/ Kelly C. Clarke, Attorney-in-fact 08/21/2025
** Signature of Reporting Person Date
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.

FAQ

What transaction did Knight Glade M report on Form 4 for APLE?

The reporting person purchased 5,000 common shares of APLE on 08/19/2025 at a weighted average price of $12.2902 per share.

How many APLE shares does Knight Glade M beneficially own after the reported transaction?

After the reported transaction the reporting person beneficially owned 705,344 shares directly, plus 268,858 shares indirectly by spouse and 9,837,031 shares indirectly in a closely held LLC (with a disclaimer).

What is the reporting person’s relationship to Apple Hospitality REIT (APLE)?

The Form 4 lists the reporting person as an Executive Chairman and a Director of Apple Hospitality REIT, Inc.

When was the Form 4 signed and who signed it?

The Form 4 was signed by Kelly C. Clarke, Attorney-in-fact on 08/21/2025.

Does the filing disclose any limitations on beneficial ownership?

Yes, the reporting person disclaims beneficial ownership to the extent reported shares exceed the reporting person’s pecuniary interest, per the explanatory note.
Apple Hospitality Reit Inc

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7.31%
REIT - Hotel & Motel
Real Estate Investment Trusts
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United States
RICHMOND