Form 4: Apple Hospitality REIT Director Acquires Shares and Deferred Stock Units

Director Howard E. Woolley acquired common shares and deferred stock units of Apple Hospitality REIT, Inc. on August 30, 2024.

Summary

• On August 30, 2024, Howard E. Woolley, a director of Apple Hospitality REIT, Inc., acquired 1,991 common shares at a price of $14.44 per share.
• Woolley also acquired 327 deferred stock units.
• These deferred stock units are economically equivalent to one share of common stock each.
• The acquisitions were part of a quarterly payment of the equity component of the director's retainer fee and dividend equivalent rights on previously awarded deferred stock units.
• Following the reported transactions, Woolley beneficially owns 18,521.727 common shares and 19,995 deferred stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of insider transactions. The director's purchase could be seen as slightly positive, but it's part of their regular compensation.

Positives

• The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The deferred stock units 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.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency of insider transactions.
• Director compensation packages often include equity components, aligning their interests with shareholders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director's holdings.
• The director's acquisition of shares could be perceived positively by shareholders.

Key Dates