Apple Hospitality REIT (APLE) director awarded new 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 updates to his equity holdings. On May 29, 2026, he received a grant of 2,297 Deferred Stock Units at $14.69 per unit as a compensation-related award tied to the company’s 2024 Omnibus Incentive Plan and Non-Employee Director Deferral Program. An additional 442 Deferred Stock Units were credited based on dividend equivalent rights on previously awarded units.
Each Deferred Stock Unit is economically equivalent to one share of common stock and is generally payable at the time elected under the deferral plan or upon death, disability, or a change in control. Following these transactions, Redd holds 29,808 Deferred Stock Units and 147,540 common shares directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 2,297 | $14.69 | $34K |
| Other | Deferred Stock Units | 442 | $14.69 | $6K |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- Each Deferred Stock Unit is economically equivalent to one share of Common Stock. 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. 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. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.