Form 4: Apple Hospitality REIT Director Executes Share Transactions

Director Blythe J McGarvie of Apple Hospitality REIT acquired 1,785 shares and transferred 15,935 shares to a trust on November 29, 2024.

Summary

• Blythe J McGarvie, a director at Apple Hospitality REIT, acquired 1,785 common shares on November 29, 2024, at a price of $16.11 per share.
• On the same day, Ms. McGarvie transferred 15,935 common shares to a trust where she serves as trustee and beneficiary.
• Following these transactions, Ms. McGarvie directly owns 43,172 shares and indirectly owns shares through the trust.
• The acquisition of 1,785 shares was part of a quarterly payment of the equity component of her retainer fee for serving on the Board of Directors.

Sentiment

Score: 6

Explanation: The document reflects routine transactions related to director compensation and share ownership. It is neither significantly positive nor negative.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to director compensation and share ownership changes, which is common in publicly traded companies.

Comparison to Industry Standards

• Director share transactions are a common occurrence in publicly listed REITs such as Host Hotels & Resorts (HST) and Park Hotels & Resorts (PK).
• These transactions are often part of compensation packages or personal investment decisions.
• The size of the transaction is relatively small compared to the overall market capitalization of Apple Hospitality REIT, which is typical for individual director transactions.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects a routine director compensation event.

Key Dates

Keywords

Apple Hospitality REIT, Director Share Transaction, Form 4, Blythe J McGarvie, Share Acquisition, Trust Transfer, Board of Directors, Equity Compensation