4Filed Sep 1, 8:00 PM ET
Apple Hospitality (APLE) Director Hugh Redd Receives Award
$APLE · Apple Hospitality REIT, Inc.Research Summary
AI-generated summary of this SEC filing
Apple Hospitality (APLE) Director Hugh Redd Receives Award
What Happened
- Hugh Redd, a director of Apple Hospitality REIT, Inc. (APLE), was credited with a total of 2,565 Deferred Stock Units (DSUs) on August 31, 2026: 2,116 DSUs granted at $15.95 each ($33,750) and 449 DSUs acquired at $15.95 each ($7,162), for a combined value of approximately $40,912. These entries are derivative awards/crediting under the company’s director deferral and omnibus incentive plans, not open-market purchases or sales.
Key Details
- Transaction dates/prices: 2026-08-31 — 2,116 DSUs @ $15.95 (Grant, code A); 449 DSUs @ $15.95 (Other acquisition, code J).
- Total credited: 2,565 DSUs; total value ≈ $40,912.
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnotes: F1–F4 indicate (a) each DSU equals one share economically, (b) DSUs were credited under the Non-Employee Director Deferral Program and 2024 Omnibus Incentive Plan, (c) DSUs are payable per the elected schedule or on death/disability/change in control, and (d) part of the credit reflects dividend equivalent rights on previously awarded DSUs.
- Filing timeliness: Report filed 2026-09-02 for transactions on 2026-08-31 (appears timely based on provided dates).
Context
- These are compensation-related derivative awards (DSUs), which are economic equivalents to shares and will convert to cash or stock per the deferral plan rules. Such awards reflect routine director compensation/deferral mechanics rather than an open-market investment decision, so they should not be over-interpreted as a personal buy/sell signal.