Fosheim Jon A 4
4 · Apple Hospitality REIT, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Apple Hospitality (APLE) Director Jon Fosheim Receives Awards
What Happened
Jon A. Fosheim, a director of Apple Hospitality REIT, Inc. (APLE), received equity awards and deferred stock units as part of his non-employee director compensation on May 29, 2026. The Form 4 reports: a grant of 2,068 shares (award code A) at $14.69/share valued at $30,379; an award of 229 derivative units at $14.69/share valued at $3,364; and an additional acquisition of 449 derivative units (code J) at $14.69/share valued at $6,596. Total economic value reported is about $40,339. These were compensation-related acquisitions (not open-market purchases).
Key Details
- Transaction date: May 29, 2026. Per-share value used: $14.69 (NYSE closing price on 5/29/2026).
- Reported amounts: 2,068 shares (A) = $30,379; 229 derivative units (A) = $3,364; 449 derivative units (J) = $6,596.
- Shares owned after the transaction: not disclosed in the filing.
- Footnotes indicate these are the quarterly equity component of the director retainer (F1) and include Deferred Stock Units (DSUs) under the Director Deferral Plan and 2024 Omnibus Incentive Plan (F4–F6). Dividend-equivalent DSUs were also credited (F7).
- Filing timeliness: Filed 2026-06-02 for a 2026-05-29 transaction; this is within the two-business-day Section 16 filing window (timely).
Context
These transactions are routine equity compensation for a non-employee director (quarterly retainer paid in stock/DSUs), not a purchase or sale in the open market. Deferred Stock Units are economically equivalent to shares but are generally payable at a later date or on specified events (e.g., elected payout date, death, disability, or change in control). Such awards are standard director compensation and should be viewed as compensation-related rather than a direct signal of buying or selling sentiment.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-05-29$14.69/sh+2,068$30,379→ 11,680 total - Award
Deferred Stock Units
[F4][F5][F6]2026-05-29$14.69/sh+229$3,364→ 27,705 total→ Common Shares (229 underlying) - Other
Deferred Stock Units
[F4][F7][F6]2026-05-29$14.69/sh+449$6,596→ 28,154 total→ Common Shares (449 underlying)
- 61,294.934(indirect: By Trust)
Common Shares
[F3]
Footnotes (7)
- [F1]Quarterly payment of equity component of quarterly retainer fee for serving on the Board of Directors of Apple Hospitality REIT, Inc.
- [F2]Per share value is the closing price for the Company's common shares on the New York Stock Exchange on May 29, 2026.
- [F3]The reporting person and his spouse are co-trustees and beneficiaries of the Trust.
- [F4]Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
- [F5]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.
- [F6]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.
- [F7]Represents Deferred Stock Units granted pursuant to dividend equivalent rights on previously awarded Deferred Stock Units.