Apple Hospitality REIT, Inc.·4

Mar 3, 4:30 PM ET

Woolley Howard E. 4

Research Summary

AI-generated summary

Updated

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.