Handlon Carolyn B 4

What Happened
Carolyn B. Handlon, a director of Apple Hospitality REIT, Inc. (APLE), received an award of 2,297 deferred stock units (DSUs) on May 29, 2026. The filing values the award at $14.69 per unit for a total of $33,743. This transaction is recorded as an award/acquisition (derivative) under the company’s director deferral and omnibus incentive plans and is generally part of director compensation rather than an open-market purchase.

Key Details

• Transaction date and terms: 2,297 DSUs granted on 2026-05-29 at $14.69 per unit (total $33,743).
• Transaction type: A (Grant/Award) — derivative (Deferred Stock Units), not an immediate common-stock purchase.
• Shares owned after transaction: Not stated in the Form 4 (aggregate ownership after the grant not reported).
• Plan and mechanics: Award credited under the Apple Hospitality REIT, Inc. Amended and Restated Non-Employee Director Deferral Program and the 2024 Omnibus Incentive Plan (per filing footnotes).
• Footnote highlights:
  • F1: Each DSU is economically equivalent to one share of common stock.
  • F2: DSUs were credited under the director deferral program (includes voluntary deferrals).
  • F3: DSUs are generally payable in the form elected or upon death, disability, or a change in control.
• Filing timeliness: Form 4 was filed 2026-06-02 for a 2026-05-29 grant; this appears to be timely (filed within the usual two business-day window).

Context
Deferred stock units are commonly used to compensate non-employee directors and provide future economic exposure to the company’s common stock. DSUs typically do not result in immediate voting rights or stock sales; they convert to cash or shares under the plan’s payout rules or upon specified events. For retail investors, such awards are routine director compensation and are informational about governance pay practices rather than a direct buy or sell signal.