Form 4: Apple Hospitality REIT Director McGarvie Acquires and Disposes of Shares
SEC Form 4 Filing
Director Blythe J McGarvie reports acquisition of 1,991 shares and disposal of shares of Apple Hospitality REIT, Inc.
Summary
- Blythe J McGarvie, a director of Apple Hospitality REIT, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On August 30, 2024, McGarvie acquired 1,991 common shares at $14.44 per share as a quarterly payment for serving on the Board of Directors.
- On the same day, 1,991 shares were transferred to a Trust where Ms. McGarvie is the trustee and beneficiary.
- Following these transactions, McGarvie directly owns 15,935 shares and indirectly owns 41,387 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the REIT industry.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: Acquisition of 1,991 shares and transfer of 1,991 shares to a trust. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
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