Form 4: Apple Hospitality REIT Director Glenn W. Bunting Jr. Reports Acquisition of Common Shares

Director Glenn W. Bunting Jr. acquired 1,941 common shares of Apple Hospitality REIT at $14.81 per share on February 28, 2025, as part of his quarterly retainer fee.

Summary

• On February 28, 2025, Glenn W. Bunting Jr., a director of Apple Hospitality REIT, Inc., acquired 1,941 common shares of the company.
• The shares were acquired at a price of $14.81 per share.
• This acquisition was part of the quarterly payment of the equity component of his quarterly retainer fee for serving on the Board of Directors.
• Following the transaction, Bunting directly owns 59,945 common shares and indirectly owns 10,549 shares through his spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction disclosure. The director's acquisition of shares is a slightly positive signal, indicating confidence in the company.

Positives

• The director's acquisition of shares demonstrates confidence in the company's future.

Industry Context

This filing is a routine disclosure of a director's stock ownership change, which is common in publicly traded companies. It provides transparency to investors regarding the alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates