Form 4: Apple Hospitality REIT Director Acquires Shares

Apple Hospitality REIT, Inc. reports a transaction where Executive Chairman Glade M. Knight acquired 5,000 common shares.

Summary

• Glade M. Knight, Executive Chairman and Director of Apple Hospitality REIT, Inc., acquired 5,000 common shares on May 11, 2026.
• The acquisition was made at a price of $13.965 per share.
• Following this transaction, Mr. Knight beneficially owns 747,191 shares directly.
• Additionally, he has indirect beneficial ownership of 268,858 shares held by his spouse and 9,837,031 shares held in a closely held LLC.
• The filing also notes 1,174 shares acquired under the Employee Stock Purchase Plan on March 31, 2026.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive filing due to the insider acquisition of shares, indicating confidence from a key executive.

Positives

• Director and Executive Chairman Glade M. Knight has increased his direct beneficial ownership of Apple Hospitality REIT, Inc. common shares.
• The acquisition of 5,000 shares at $13.965 per share indicates confidence in the company's value.

Future Outlook

This filing is a statement of changes in beneficial ownership and does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider share acquisitions by directors and executive officers can signal positive sentiment towards the company's future prospects within the REIT sector.

Stakeholder Impact

• Shareholders may view the acquisition positively, interpreting it as a sign of confidence from the Executive Chairman.
• Employees may be encouraged by the participation in the Employee Stock Purchase Plan, as noted in the filing.

Key Dates

Keywords

Apple Hospitality REIT, APLE, Form 4, Insider Transaction, Share Acquisition, Glade M. Knight, Executive Chairman, Director, Beneficial Ownership