Fosheim Jon A 4

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.