MCGARVIE BLYTHE J 4
Research Summary
AI-generated summary
Apple Hospitality (APLE) Director Blythe McGarvie Receives 2,345 Shares
What Happened
Blythe J. McGarvie, a director of Apple Hospitality REIT, Inc. (APLE), was granted 2,345 shares on February 27, 2026 as the equity component of her quarterly board retainer. The shares were valued at $12.26 each (NYSE close price), for a total value of $28,750. The shares were transferred into a trust for which Ms. McGarvie is both trustee and beneficiary.
Key Details
- Transaction type: Award/Grant (code A) — equity retainer payment.
- Date of transaction: February 27, 2026.
- Shares granted: 2,345 at $12.26 per share; total value $28,750 (per NYSE close on 2/27/2026).
- Transfer: On 2/27/2026 the 2,345 shares were transferred to a trust; insider is trustee and beneficiary.
- Filing date: March 3, 2026 — the Form 4 was filed within the standard two-business-day window (timely).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
Context
This was a routine compensation grant (quarterly equity retainer) to a board member and not an open-market purchase or sale. Transfers to a personal trust where the insider is trustee/beneficiary are common for holding purposes and do not by themselves indicate a change in beneficial interest or market view.