Hugh Redd 4

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.