Form 4: Apple Hospitality REIT Director Increases Stake Through Equity Compensation and Dividend Equivalents

Apple Hospitality REIT, Inc. Director Jon A. Fosheim acquired 1,240 common shares and 2,132 deferred stock units on May 30, 2025, as part of his director compensation and dividend equivalents.

Summary

• Jon A. Fosheim, a Director of Apple Hospitality REIT, Inc. (APLE), acquired common shares and deferred stock units on May 30, 2025.
• Mr. Fosheim acquired 1,240 common shares at a price of $11.59 per share, representing the quarterly payment of the equity component of his retainer fee for serving on the Board of Directors.
• He also acquired 1,500 Deferred Stock Units (DSUs) at $11.59 per unit, credited under the company's Non-Employee Director Deferral Program for voluntary deferred compensation.
• An additional 632 DSUs were acquired at $11.59 per unit, granted pursuant to dividend equivalent rights on previously awarded DSUs.
• Following these transactions, Mr. Fosheim directly owns 14,578 common shares and 32,666 Deferred Stock Units.
• He also indirectly owns 41,574.934 common shares through a Family Trust, where he and his spouse serve as co-trustees and beneficiaries.
• Each DSU is economically equivalent to one share of Common Stock and is generally payable upon an elected date/event or upon death, disability, or change in control as defined under the Deferral Plan.

Sentiment

Score: 7

Explanation: The acquisition of shares and deferred stock units by a director, even as part of compensation, generally indicates a positive alignment of interests and confidence in the company's future. While not a discretionary open-market purchase, it still adds to the director's stake.

Positives

• A director acquiring additional shares and deferred stock units, even as part of compensation, can be viewed as a positive signal of confidence in the company's future performance and alignment with shareholder interests.
• The acquisition of shares and DSUs at a per-unit value of $11.59 provides a clear valuation point for the transaction.

Future Outlook

NA

Industry Context

This Form 4 filing details an insider transaction for Apple Hospitality REIT, Inc., a real estate investment trust. Such transactions are common within the REIT sector as part of executive and director compensation structures, often involving equity components to align management interests with shareholder value. The acquisition of shares and deferred stock units by a director is a routine disclosure for publicly traded companies, reflecting compensation practices rather than a specific market trend.

Related Party Transactions

• The indirect beneficial ownership of 41,574.934 common shares through a Family Trust, where the reporting person and his spouse are co-trustees and beneficiaries, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The increase in director ownership, even through compensation, can be seen as a positive signal, aligning management interests with shareholder value. It demonstrates continued commitment from a key insider.

Key Dates

Recommendation

Keywords

Apple Hospitality REIT, APLE, Jon A Fosheim, Director, Insider Trading, Form 4, Stock Acquisition, Deferred Stock Units, Equity Compensation, REIT, Real Estate Investment Trust