Apple Hospitality (APLE) Director Reports Large Share Sale and Deferred Stock Units

Rhea-AI Filing Summary

Hugh Redd, a director of Apple Hospitality REIT, Inc. (APLE), reported transactions on Form 4. On 08/29/2025 he disposed of 137,254 common shares. Following that transaction, the filing shows beneficial ownership counts related to deferred units.

Also on 08/29/2025 the reporting person was credited with 2,201 Deferred Stock Units under the company's Non-Employee Director Deferral Program and 510 Deferred Stock Units representing dividend equivalents. Each deferred unit is economically equivalent to one common share and the deferred units are valued at $13.06 in the filing. The deferred units are payable as elected or upon death, disability, or change in control. The form was signed by an attorney-in-fact on 09/03/2025.

Positive

• Director received Deferred Stock Units (2,201 units) under the Non-Employee Director Deferral Program, aligning compensation with company equity
• Additional 510 Deferred Stock Units credited as dividend equivalents, increasing deferred equity holdings

Negative

• Disposition of 137,254 common shares reported on 08/29/2025, a large sale that may affect perceptions of insider holding changes
• Form does not disclose sale price or whether the sale was pursuant to an insider trading plan, limiting context for the disposition

Insights

Corporate Governance Expert

TL;DR: Routine director compensation and a significant open-market sale; no corporate governance red flags in the filing.

The filing documents a standard director equity deferral under the company's Non-Employee Director Deferral Program and dividend-equivalent credits, which is a common method to defer compensation into stock-linked units. The disposal of 137,254 shares is recorded separately and appears as a personal sale rather than a corporate action. No insider trading plan (Rule 10b5-1) box is checked on the face of the form. From a governance perspective, disclosures are complete for the reported events.

Securities Analyst

TL;DR: Material share sale size is notable; deferred units modestly increase equity alignment.

The report shows a sizeable disposition of 137,254 common shares and contemporaneous crediting of 2,201 deferred units plus 510 dividend-equivalent units. Deferred units are recorded at $13.06 per unit in the filing and are economically equivalent to common shares. The combination of a large sale and new deferred units is informational for share supply and insider alignment but the filing does not state proceeds, sale price, or motive, limiting quantitative impact assessment.

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^*

Hugh Redd

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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								137,254	D

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
Deferred Stock Units	(1)	08/29/2025		A		2,201(2)		(3)	(3)	Common Shares	2,201	$13.06	29,932	D
Deferred Stock Units	(1)	08/29/2025		J		510(4)		(3)	(3)	Common Shares	510	$13.06	30,442	D

Explanation of Responses:

1. Each Deferred Stock Unit is economically equivalent to one share of Common Stock.

2. 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.

3. 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.

4. Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.

	/s/ Kelly C. Clarke, Attorney-in-fact	09/03/2025
	** 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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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did APLE director Hugh Redd report on Form 4?

The filing reports a disposition of 137,254 common shares on 08/29/2025 and credits of 2,201 Deferred Stock Units plus 510 dividend-equivalent units on the same date.

How many deferred stock units did Hugh Redd receive and what are they worth?

He was credited with 2,201 Deferred Stock Units and 510 dividend-equivalent units; the filing shows a unit value of $13.06.

What is the nature of the deferred stock units in the APLE Form 4?

Each Deferred Stock Unit is economically equivalent to one common share and is payable under the Deferral Plan upon the elected date or upon death, disability, or change in control.

When were the transactions and when was the Form 4 signed?

Transactions are dated 08/29/2025, and the form was signed by an attorney-in-fact on 09/03/2025.

Does the Form 4 indicate the sale was made under a Rule 10b5-1 trading plan?

The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1 trading plan.