4Accepted Sep 2, 4:30 PM ET
Apple Hospitality (APLE) Director Jon A. Fosheim Receives Award
Accepted (ET)
4:30 PM
Sep 2, 2026
Filed
Sep 2, 2026
Documents
1
Size
10.9 KB
Summary
Apple Hospitality (APLE) Director Jon A. Fosheim Receives Award
What Happened
Jon A. Fosheim, a director of Apple Hospitality REIT, Inc. (APLE), received equity compensation on August 31, 2026. The filing shows three acquisitions: 1,904 shares granted as regular equity ($15.95/share; $30,369), 212 derivative units granted as awards ($15.95/share; $3,381), and 424 derivative units acquired as another acquisition ($15.95/share; $6,763). Total awarded/equivalent shares = 2,540; total value ≈ $40,513. These awards were issued as the quarterly equity component of the board retainer (routine director compensation), not an open-market purchase.
Key Details
- Transaction date: August 31, 2026; Form 4 filed September 2, 2026 (filed two days after the transaction).
- Prices used: $15.95 per share (closing price on NYSE on Aug 31, 2026).
- Grants: Code A (award/grant) for 1,904 shares and 212 derivative units; Code J (other acquisition) for 424 derivative units.
- Derivatives: The 212 and 424 units are Deferred Stock Units (DSUs) or derivative equivalents; each DSU is economically equivalent to one share and may be payable per the Deferral Plan upon elected dates or triggering events. Dividend-equivalent DSUs are included.
- Purpose: Footnote indicates these are the quarterly equity retainer for service on the Board (routine compensation).
- Shares owned after transaction: Not specified in this filing.
Context
- These transactions are director compensation (routine awards), which are common and do not indicate an open-market bullish or bearish trade by the insider.
- Deferred Stock Units are not immediate common-share transfers; they represent future economic rights to shares (or value) payable under the company’s deferral plan, typically on a date chosen by the director or upon certain events (death, disability, change in control).