Form 4: Apple Hospitality REIT Director Kristian M. Gathright Reports Share Disposition

Director Kristian M. Gathright of Apple Hospitality REIT reported the disposition of 369 common shares, while also noting indirect ownership of 70 shares through a son.

Summary

• Kristian M. Gathright, a director at Apple Hospitality REIT, reported a transaction involving the company's common shares.
• On December 12, 2024, Mr. Gathright disposed of 369 common shares.
• The disposition was a gift, with a price of $0 per share.
• Following the transaction, Mr. Gathright directly owns 990,033 common shares.
• Mr. Gathright also indirectly owns 70 common shares through his son.
• The reporting person disclaims beneficial ownership of the reported shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding a director's share disposition. It does not indicate any positive or negative sentiment about the company's performance or future prospects.

Management Comments

• The reporting person disclaims beneficial ownership of the reported shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It is a routine part of corporate governance and transparency.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The reporting of insider transactions is a common practice to ensure transparency and prevent insider trading.
• The level of detail provided in this filing is consistent with other similar filings from other companies.

Stakeholder Impact

• This transaction is unlikely to have a significant impact on stakeholders as it is a routine disclosure of a director's share disposition.

Key Dates

Keywords

Apple Hospitality REIT, APLE, Director, Kristian M. Gathright, Share Disposition, Beneficial Ownership, SEC Form 4, Insider Trading