Form 4: Apple Hospitality REIT Director Acquires Shares as Part of Retainer Fee

Director Carolyn B Handlon acquired 1,941 common shares of Apple Hospitality REIT at $14.81 per share as part of her quarterly retainer fee.

Summary

• On February 28, 2025, Carolyn B Handlon, a director of Apple Hospitality REIT, Inc., acquired 1,941 common shares of the company.
• The shares were acquired as part of the quarterly payment of the equity component of her quarterly retainer fee for serving on the Board of Directors.
• The price per share was $14.81, which was the closing price of the company's common shares on the New York Stock Exchange on that date.
• Following the transaction, Handlon beneficially owns 15,113 common shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, aligning interests with shareholders. It's a routine transaction.

Positives

• The director's acquisition of shares demonstrates alignment with shareholder interests.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It reflects a director's ongoing investment in the company.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it demonstrates the director's confidence in the company.

Key Dates

Keywords

Apple Hospitality REIT, Director, Share Acquisition, Form 4, Retainer Fee, Beneficial Ownership, APLE