Form 4: Apple Hospitality REIT Director Jon A. Fosheim Reports Transactions in Company Stock

Director Jon A. Fosheim reports acquisition of common shares and deferred stock units in Apple Hospitality REIT, Inc.

Summary

• On February 28, 2025, Jon A. Fosheim, a director of Apple Hospitality REIT, Inc., acquired 1,941 common shares at $14.81 per share as a quarterly payment for serving on the Board.
• He also received 586 deferred stock units pursuant to dividend equivalent rights.
• Fosheim disposed of 13,338 common shares.
• Following these transactions, Fosheim directly owns 30,534 deferred stock units and indirectly owns 41,574.934 common shares through a family trust.
• The deferred stock units are payable under the Amended and Restated Non-Employee Director Deferral Program upon certain events, such as death, disability, or change in control.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The director is acquiring shares as part of their compensation, but also disposing of shares. This suggests a balanced view of the company's prospects.

Positives

• The acquisition of shares and deferred stock units demonstrates the director's continued investment in the company.

Negatives

• The disposal of 13,338 common shares could be interpreted negatively, although it may be part of a planned diversification strategy.

Future Outlook

The deferred stock units are payable under the Amended and Restated Non-Employee Director Deferral Program upon certain events, such as death, disability, or change in control.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Comparison to Industry Standards

• Comparing Fosheim's transactions to those of other REIT directors would require analyzing similar Form 4 filings within the hospitality REIT sector.
• Companies like Host Hotels & Resorts (HST) and Park Hotels & Resorts (PK) could serve as benchmarks for assessing insider activity.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, depending on how the market interprets the director's actions.

Key Dates