Hugh Redd 4
4 · Apple Hospitality REIT, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Apple Hospitality (APLE) Director Hugh Redd Receives Award
What Happened Hugh Redd, a director of Apple Hospitality REIT, Inc. (APLE), was credited with deferred stock units (DSUs) on May 29, 2026. He received 2,297 DSUs (valued at $33,743) and an additional 442 DSUs from dividend equivalents (valued at $6,493), for a total of 2,739 DSUs valued at $40,236. These are derivative awards under the company's 2024 Omnibus Incentive Plan and Non-Employee Director Deferral Program — not an open-market purchase or sale.
Key Details
- Transaction date: May 29, 2026; Form 4 filed June 2, 2026 (reporting period 2026-05-29).
- Transactions: 2,297 DSUs granted at $14.69 each (code A) = $33,743; 442 DSUs credited via dividend equivalent (code J) at $14.69 each = $6,493.
- Total DSUs received: 2,739 units; total value ≈ $40,236 (valuation based on price shown in filing).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes:
- Each DSU is economically equivalent to one share of common stock (F1).
- DSUs were credited under the director deferral plan (F2) and are payable per the elected timing or upon death, disability, or change in control (F3).
- The 442-unit portion represents dividend equivalent rights on previously awarded DSUs (F4).
Context These entries are derivative awards (deferred compensation) rather than outright purchases or sales of common stock. DSUs typically convert to cash or shares per the deferral plan at a later date, so they are compensation/deferral actions rather than a direct signal of buying or selling interest. The filing appears routine for director compensation; no late-filing indication was provided in the materials you shared.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2][F3]2026-05-29$14.69/sh+2,297$33,743→ 29,366 total→ Common Shares (2,297 underlying) - Other
Deferred Stock Units
[F1][F4][F3]2026-05-29$14.69/sh+442$6,493→ 29,808 total→ Common Shares (442 underlying)
- 147,540
Common Shares
Footnotes (4)
- [F1]Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
- [F2]Deferred Stock Units credited to the reporting person under the Apple Hospitality REIT, Inc. Amended and Restated Non-Employee Director Deferral Program (the "Deferral Plan"), under the Apple Hospitality REIT, Inc. 2024 Omnibus Incentive Plan, which includes voluntary deferred compensation.
- [F3]The Deferred Stock Units credited under the Deferral 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.
- [F4]Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.