Form 4: Apple Hospitality REIT Director Receives Equity Compensation, Transfers Shares to Trust

Apple Hospitality REIT, Inc. Director Blythe J. McGarvie received 2,481 common shares as quarterly equity compensation and subsequently transferred them to a trust.

Summary

• Blythe J. McGarvie, a Director of Apple Hospitality REIT, Inc. (APLE), acquired 2,481 common shares on May 30, 2025, as part of her quarterly retainer fee for serving on the Board of Directors.
• The acquired shares were valued at $11.59 per share, based on the closing price on the New York Stock Exchange on May 30, 2025.
• On the same date, May 30, 2025, 2,481 shares were transferred from Ms. McGarvie's direct ownership to a Trust, for which she serves as trustee and beneficiary.
• Following these transactions, Ms. McGarvie's beneficial ownership stands at 15,935 shares held directly and 47,594 shares held indirectly by the Trust, totaling 63,529 shares.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction involving equity compensation and an internal transfer of shares to a trust, which is a neutral to slightly positive event as it aligns director interests with shareholders.

Positives

• The director received equity compensation, which aligns her interests with those of the company's shareholders.
• The equity payment is part of a regular quarterly retainer fee, indicating a structured and predictable compensation plan for board members.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

It is a common practice for directors of publicly traded companies, including REITs, to receive a portion of their compensation in the form of equity. This practice is designed to align the interests of the board members with those of the shareholders. The transfer of shares to a trust is also a common personal asset management or estate planning strategy for individuals.

Related Party Transactions

• The transfer of 2,481 common shares to a Trust where Ms. McGarvie is trustee and beneficiary can be considered a related party transaction, representing an internal change in the form of beneficial ownership.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is a routine compensation and internal transfer of shares. It reinforces alignment of director interests with shareholders through equity ownership.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Key Dates

Keywords

Apple Hospitality REIT, APLE, Form 4, insider transaction, director compensation, equity compensation, beneficial ownership, trust transfer, REIT, real estate