Form 4: Apple Hospitality Director Hugh Redd Increases Holdings
Insider Transaction Report
Apple Hospitality REIT, Inc. Director Hugh Redd reported an increase in his beneficial ownership of common shares and deferred stock units, including units from dividend equivalents.
Summary
- Hugh Redd, a Director of Apple Hospitality REIT, Inc. (APLE), reported changes in his beneficial ownership.
- He holds 138,254 direct common shares.
- On November 28, 2025, he acquired 2,418 Deferred Stock Units (DSUs) through the company's Amended and Restated Non-Employee Director Deferral Program, under the 2024 Omnibus Incentive Plan, representing voluntary deferred compensation.
- Also on November 28, 2025, he acquired an additional 614 DSUs pursuant to dividend equivalent rights on previously awarded DSUs.
- Each DSU is economically equivalent to one share of Common Stock, with a conversion price of $11.89 for the reported transactions.
- Following these transactions, Mr. Redd beneficially owns a total of 33,474 Deferred Stock Units directly.
- DSUs are generally payable upon an elected date or event, or upon death, disability, or change in control as defined under the Deferral Plan.
Sentiment
Score: 7
Explanation: The acquisition of additional Deferred Stock Units by a director, including voluntary deferral of compensation and units from dividend equivalents, suggests a positive outlook and confidence in the company's long-term value by an insider.
Positives
- Director Hugh Redd increased his beneficial ownership of the company's equity through the acquisition of 3,032 Deferred Stock Units (2,418 from voluntary deferral and 614 from dividend equivalents).
- The voluntary deferral of compensation into DSUs by a director can signal confidence in the company's future performance.
Future Outlook
NA
Industry Context
This Form 4 filing reports an insider transaction for Apple Hospitality REIT, Inc., a real estate investment trust. Such filings are routine disclosures of changes in beneficial ownership by company insiders and do not typically provide broader industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Plan Reference | Deferred Stock Units were credited under the Apple Hospitality REIT, Inc. Amended and Restated Non-Employee Director Deferral Program, which operates under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan. | 11/28/2025 | This indicates the ongoing use of established compensation plans for non-employee directors, aligning their interests with shareholders through equity-based incentives. No changes to the plans themselves are reported. |
Stakeholder Impact
- Shareholders: Insider acquisition of equity, particularly through voluntary deferral, can be viewed positively as a signal of management's confidence in the company's future performance and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 11/28/2025 | Date of earliest transaction for Deferred Stock Units acquisition. |
| 12/02/2025 | Date the Form 4 was signed by Kelly C. Clarke, Attorney-in-fact. |
Keywords
Apple Hospitality REIT, APLE, Hugh Redd, Form 4, insider transaction, beneficial ownership, director, deferred stock units, DSU, equity compensation, dividend equivalent rights
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