Apple Hospitality (APLE) Director Reports Deferred Units and Share Purchase
Rhea-AI Filing Summary
Apple Hospitality REIT director Jon A. Fosheim reported acquisitions and deferred stock unit credits on 08/29/2025. He acquired 1,101 common shares at a per-share value of $13.06, bringing his directly held common shares to 15,679. He also holds 41,574.934 shares indirectly through a family trust. The filing shows grants of 1,330 deferred stock units under the company’s Non-Employee Director Deferral Program and 600 deferred stock units credited as dividend equivalent rights; each unit is economically equivalent to one common share and is valued at $13.06 per share. The transactions reflect regular quarterly equity compensation for board service and voluntary deferrals with customary payout conditions.
Positive
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Negative
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Insights
TL;DR: Routine director compensation transactions; small direct purchase and deferred units, no material change to ownership control.
The Form 4 shows a director-level acquisition of 1,101 common shares at $13.06 and credits of deferred stock units totaling 1,930 units (1,330 regular credits and 600 dividend equivalents). Post-transaction direct beneficial ownership is reported at 15,679 shares while indirect ownership via a family trust is 41,574.934 shares. These amounts do not indicate a significant ownership shift or dilution event; they are consistent with periodic board compensation and deferral program mechanics.
TL;DR: Disclosure aligns with standard Section 16 reporting for director compensation and trust holdings; no governance concerns evident.
The filing discloses that the reporting person and spouse serve as co-trustees and beneficiaries of the family trust, explaining the indirect holdings. Deferred Stock Units are payable under elected plan terms and include change-in-control and death/disability provisions. All material elements required by Form 4 appear reported: transaction codes, amounts, pricing reference, and the nature of indirect ownership, indicating compliance with reporting obligations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,330 | $13.06 | $17K |
| Other | Deferred Stock Units | 600 | $13.06 | $8K |
| Grant/Award | Common Shares | 1,101 | $13.06 | $14K |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors of Apple Hospitality REIT, Inc. Per share value is the closing price for the Company's common shares on the New York Stock Exchange on August 29, 2025. The reporting person and his spouse are co-trustees and beneficiaries of the Trust. 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.
