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

Director Jon A. Fosheim acquired shares and deferred stock units in Apple Hospitality REIT, Inc. on August 30, 2024.

Summary

• On August 30, 2024, Jon A. Fosheim, a director of Apple Hospitality REIT, Inc., acquired 1,991 common shares at a price of $14.44 per share.
• Following this transaction, Fosheim directly owns 50,742 common shares.
• Additionally, Fosheim acquired 482 deferred stock units, each equivalent to one share of common stock, also on August 30, 2024.
• These deferred stock units were granted pursuant to dividend equivalent rights on previously awarded units.
• Fosheim now holds 29,508 deferred stock units.
• These units are payable based on elections under the Deferral Plan or upon certain events like death, disability, or change in control.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of insider transactions. The acquisition of shares by a director can be seen as a mildly positive signal, but it's not a major event.

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 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's sentiment about the company's prospects.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates