Apple Hospitality (APLE) Director Blythe McGarvie Receives Award
$APLE · Apple Hospitality REIT, Inc.Research Summary
AI-generated summary of this SEC filing
Apple Hospitality (APLE) Director Blythe McGarvie Receives Award
What Happened
Blythe J. McGarvie, a director of Apple Hospitality REIT, Inc. (APLE), was granted 2,116 common shares as an equity component of her quarterly board retainer on August 31, 2026. The award is valued at $15.95 per share (the NYSE closing price on Aug 31, 2026), for a total value of approximately $33,750. The shares were transferred to a trust on the grant date; Ms. McGarvie is the trustee and a beneficiary of that trust.
Key Details
- Transaction date: 2026-08-31; Form 4 filed: 2026-09-02 (appears timely; filed within the 2-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares granted/acquired: 2,116 shares at $15.95 per share; total value ≈ $33,750.
- Post-transaction ownership: Not reported in the provided excerpt.
- Footnotes: (F1) equity component of quarterly retainer; (F2) per-share value = NYSE close on 8/31/2026; (F3) shares transferred to a trust where Ms. McGarvie is trustee and beneficiary.
Context
This was a routine director compensation award (not an open-market purchase or sale). Such grants are standard for board service and do not, by themselves, indicate the insider's market view. The transfer to a trust is an administrative/ownership arrangement and is disclosed in the filing.