Apple Hospitality chair buys 5,000 shares
Apple Hospitality REIT Executive Chairman Glade M. Knight bought additional stock in the company.
Rhea-AI Filing Summary
Apple Hospitality REIT Executive Chairman Glade M. Knight bought additional stock in the company. On May 11, 2026, he completed an open‑market purchase of 5,000 common shares at a price of $13.965 per share.
After this transaction, Knight directly holds 747,191 common shares. The filing also reports indirect holdings of 9,837,031 shares in a closely held LLC and 268,858 shares held by his spouse. A footnote states that 1,174 of the directly held shares were acquired under the company’s Employee Stock Purchase Plan on March 31, 2026, and that Knight disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
3 txns
Insider
KNIGHT GLADE M
Role
Executive Chairman
Bought
5,000 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 5,000 | $13.965 | $70K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 747,191 shares (Direct);
Common Shares — 268,858 shares (Indirect, By Spouse);
Common Shares — 9,837,031 shares (Indirect, In closely held LLC)
Footnotes (2)
- F1. Includes 1,174 shares acquired under the Apple Hospitality REIT, Inc. Employee Stock Purchase Plan on March 31, 2026.
- F2. 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.
Key Figures
Shares purchased: 5,000 shares
Purchase price: $13.965 per share
Direct holdings after transaction: 747,191 shares
+3 more
6 metrics
Shares purchased
5,000 shares
Open-market purchase on May 11, 2026
Purchase price
$13.965 per share
Open-market transaction
Direct holdings after transaction
747,191 shares
Common shares held directly by Knight
Indirect LLC holdings
9,837,031 shares
Held in closely held LLC
Spouse’s holdings
268,858 shares
Common shares held by spouse
ESPP-acquired shares
1,174 shares
Acquired under Employee Stock Purchase Plan on March 31, 2026
Key Terms
open market or private transaction, Employee Stock Purchase Plan, beneficial ownership, pecuniary interest, +1 more
5 terms
open market or private transaction financial
"Purchase in open market or private transaction"
Employee Stock Purchase Plan financial
"Includes 1,174 shares acquired under the Apple Hospitality REIT, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the reported shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"to the extent the shares reported exceed the reporting person's pecuniary interest in such shares"
indirect ownership financial
"ownership_type": "indirect", "ownership_code": "I""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did APLE Executive Chairman Glade M. Knight report?
Glade M. Knight reported an open-market purchase of 5,000 Apple Hospitality REIT common shares. The transaction occurred on May 11, 2026, and was coded as a purchase, indicating he actively bought additional shares rather than receiving them as compensation or through option exercises.
What indirect Apple Hospitality (APLE) holdings are associated with Glade M. Knight?
The filing shows 9,837,031 common shares held indirectly in a closely held LLC and 268,858 shares held by Knight’s spouse. These are reported as indirect ownership interests, reflecting shares associated with him through related entities and family holdings rather than his direct personal account.
What does the Employee Stock Purchase Plan note mean in this APLE Form 4?
A footnote explains that 1,174 of Knight’s directly held shares were acquired under the Apple Hospitality REIT Employee Stock Purchase Plan on March 31, 2026. This indicates a portion of his holdings came from a company-sponsored plan allowing employees to buy stock, often via payroll contributions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
