Fosheim Jon A 4
Research Summary
AI-generated summary
Apple Hospitality (APLE) Director Jon Fosheim Receives Stock Award
What Happened
- Jon A. Fosheim, a director of Apple Hospitality REIT, Inc. (APLE), was credited with awards and deferred stock units on February 27, 2026. He acquired 1,173 shares (cash/equity component) at $12.26 each ($14,381), 1,418 derivative units at $12.26 each ($17,385), and 500 derivative units at $12.26 each ($6,130), for a total of 3,091 shares/units valued at approximately $37,896. These were awards and deferred-compensation credits (not open-market purchases or sales).
Key Details
- Transaction date: 2026-02-27. Per-share valuation used: $12.26 (closing NYSE price on 2/27/2026).
- Items acquired: 1,173 shares (A), 1,418 derivative units (A), and 500 derivative derivative units (J) — total 3,091 shares/units; aggregate value ≈ $37,896.
- Nature of awards: Deferred Stock Units (DSUs) and equity component of director retainer (quarterly director compensation), plus DSUs credited as dividend equivalents.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: Form 4 filed 2026-03-03. The filing does not indicate a late-filing notation in the provided data.
Context
- These entries reflect routine director compensation and deferred awards under the company’s Non-Employee Director Deferral Plan and 2024 Omnibus Incentive Plan. Deferred Stock Units are economically equivalent to one share and are payable as elected or upon death, disability, or certain events (including change in control). Dividend-equivalent DSUs were also credited per the footnotes. Such compensation is standard for non-employee directors and is not an open‑market purchase or sale.