Form 4: Apple Hospitality REIT Director Equity Award

Apple Hospitality REIT, Inc. reports a director's acquisition of common shares as part of their retainer fee.

Summary

• Blythe J. McGarvie, a Director at Apple Hospitality REIT, Inc., acquired 2,297 common shares on May 29, 2026.
• These shares were received as the equity component of her quarterly retainer fee for serving on the Board of Directors.
• The per-share value was based on the closing price of $14.69 on the transaction date.
• Following this transaction, McGarvie beneficially owns 56,855 common shares, with 15,935 held directly and the remainder indirectly through a trust.
• On the same date, 2,297 shares were transferred to a Trust where Ms. McGarvie serves as trustee and beneficiary.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it details a standard director compensation transaction without significant financial performance indicators or strategic shifts.

Positives

• Director McGarvie received equity as part of her compensation, aligning her interests with shareholders.
• The transaction reflects ongoing compensation for board service, indicating continued engagement.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a director's compensation transaction.

Industry Context

StockSavvy.ai notes that the issuance of equity as part of director compensation is a common practice in the REIT industry to incentivize long-term performance and align executive interests with those of shareholders.

Related Party Transactions

• Blythe J. McGarvie, a Director, received common shares as part of her quarterly retainer fee.
• 2,297 shares were transferred to a Trust where Ms. McGarvie is both the trustee and beneficiary.

Stakeholder Impact

• Shareholders: The issuance of equity to directors aligns their interests with shareholders, potentially promoting long-term value creation.
• Directors: Compensation is received in the form of company stock, reflecting a commitment to the company's performance.

Key Dates

Keywords

Apple Hospitality REIT, APLE, Form 4, Director Compensation, Equity Award, Beneficial Ownership, McGarvie Blythe J, REIT