Woolley Howard E. 4
4 · Apple Hospitality REIT, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Apple Hospitality (APLE) Director Howard Woolley Receives Stock Award
What Happened
Howard E. Woolley, a director of Apple Hospitality REIT, Inc. (APLE), received an equity award and related deferred units as part of his board compensation on February 27, 2026. He was granted 2,345 shares at $12.26/share (value ≈ $28,750) and received 429 deferred stock units (derivative) at $12.26/share (value ≈ $5,260), for a combined value of about $34,010. These were awards/deferrals (not open-market purchases or sales).
Key Details
- Transaction dates and prices: 2026-02-27; $12.26 per share (closing NYSE price on 2/27/2026).
- Amounts: 2,345 shares (code A — award/grant) and 429 Deferred Stock Units (code J — derivative acquisition).
- Value: ≈ $28,750 (award) + ≈ $5,260 (deferred/derivative) = ≈ $34,010 total.
- Shares owned after transaction: Not reported in the filing.
- Footnotes:
- Quarterly equity component of board retainer (F1).
- DSUs are economically equivalent to one common share and include dividend-equivalent DSUs (F3–F4).
- DSUs under the Deferral Plan are paid per an elected schedule or upon death, disability, or change in control (F5).
- Filing timeliness: Reported on Form 4 filed 2026-03-03 for a 2026-02-27 transaction — filed within the required two business days.
Context
These entries reflect routine director compensation paid in shares and deferred stock units (including dividend equivalents) under the company’s director deferral plan, not an open-market purchase or sale. Deferred Stock Units represent a right to future payout tied to the company’s common stock and are typically paid out according to the director’s deferral election or certain triggering events.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-02-27$12.26/sh+2,345$28,750→ 35,692.727 total - Other
Deferred Stock Units
[F3][F4][F5]2026-02-27$12.26/sh+429$5,260→ 22,369 total→ Common Shares (429 underlying)
Footnotes (5)
- [F1]Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors of Apple Hospitality REIT, Inc.
- [F2]Per share value is the closing price for the Company's common shares on the New York Stock Exchange on February 27, 2026.
- [F3]Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
- [F4]Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.
- [F5]The Deferred Stock Units credited under the Amended and Restated Non-Employee Director Deferral Program (the "Deferral Plan"), under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan, are generally payable in the form elected or provided under the Deferral Plan on the earlier of (i) the date or event elected by the reporting person, or (ii) upon death, disability or change in control as defined under the Deferral Plan.