Apple Hospitality (NYSE: APLE) CEO granted stock, surrenders shares for taxes

Rhea-AI Filing Summary

Apple Hospitality REIT, Inc. reported that CEO Justin G. Knight received equity awards tied to the Company’s 2025 incentive plan on March 3, 2026. He acquired 94,465 unrestricted common shares at a per share value of $12.10, based on the average high and low NYSE trading price that day.

Knight was also issued 59,831 restricted common shares as settlement for 2025 incentive amounts; these shares are restricted and cannot vest until December 11, 2026. To cover tax withholding on the unrestricted shares, 42,603 common shares were surrendered back to the Company. After these transactions, he held 2,046,292 common shares directly, as of March 3, 2026.

Additional common shares are held indirectly through a limited partnership, a closely held LLC, and an irrevocable trust, and Knight disclaims beneficial ownership to the extent indirect holdings exceed his pecuniary interest.

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

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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 JUSTIN G

(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)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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	03/03/2026		A		94,465(1)	A	$12.1(2)	2,029,064	D
Common Shares	03/03/2026		A		59,831(3)	A	$0.00	2,088,895	D
Common Shares	03/03/2026		F		42,603(4)	D	$12.1(2)	2,046,292	D
Common Shares								32,807	I	By J. Knight Generation Skipping Irrevocable Trust
Common Shares								304,504(5)	I	By JAMN Limited Partnership, LLP
Common Shares								9,837,031(5)	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. Unrestricted common shares issued as settlement for amounts earned under the Company's 2025 incentive plan.

2. Per share value is the average of the high and low trading price for the Company's common shares on the New York Stock Exchange on March 3, 2026.

3. Restricted common shares issued as settlement for amounts earned under the Company's 2025 incentive plan. The shares are restricted and cannot vest until December 11, 2026.

4. Reflects common shares surrendered to the Company to satisfy tax withholding obligations in connection with the issuance of unrestricted common shares.

5. 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	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What stock awards did APLE CEO Justin G. Knight receive on March 3, 2026?

Justin G. Knight received equity awards tied to Apple Hospitality REIT’s 2025 incentive plan, including 94,465 unrestricted common shares valued at $12.10 per share and 59,831 restricted common shares that cannot vest until December 11, 2026, increasing his direct share holdings.

How many Apple Hospitality (APLE) shares did the CEO surrender for taxes?

In connection with the equity awards, 42,603 Apple Hospitality common shares were surrendered to the company to satisfy tax withholding obligations related to the issuance of unrestricted common shares, as described in the filing’s footnotes, reducing the CEO’s post-award direct share balance accordingly.

What is Justin G. Knight’s direct APLE share ownership after these transactions?

After the March 3, 2026 transactions, Justin G. Knight held 2,046,292 Apple Hospitality common shares directly. This figure reflects the combination of new share awards granted under the 2025 incentive plan and shares surrendered back to the company for associated tax withholding obligations.

What restricted stock did the APLE CEO receive and when can it vest?

The CEO received 59,831 restricted Apple Hospitality common shares as settlement for amounts earned under the 2025 incentive plan. These restricted shares are subject to transfer limitations and cannot vest until December 11, 2026, according to the details disclosed in the filing’s footnotes.

How is the $12.10 per share value for APLE’s CEO stock award determined?

The $12.10 per share value used for the unrestricted share award equals the average of the high and low trading prices of Apple Hospitality’s common shares on the New York Stock Exchange on March 3, 2026, as explicitly described in a footnote to the reported transactions.

What indirect APLE share holdings are associated with Justin G. Knight?

Indirect Apple Hospitality holdings associated with Justin G. Knight include shares held by JAMN Limited Partnership, a closely held LLC, and the J. Knight Generation Skipping Irrevocable Trust. He disclaims beneficial ownership of reported indirect shares beyond his pecuniary interest in those entities’ holdings.