Apple Hospitality Director Acquires 2,565 Deferred Stock Units
On August 31, 2026, Hugh Redd, a director of Apple Hospitality REIT (NYSE: APLE), received 2,565 Deferred Stock Units. These units include a grant of 2,116 units and an additional 449 units credited as dividend equivalents, both valued at $15.95 per unit under the company's Amended and Restated Non-Employee Director Deferral Program.
The units are economically equivalent to one common share each, and will be payable at Redd's elected time or upon certain events such as death, disability, or a change in control of the company. The deferred stock units are part of the 2024 Omnibus Incentive Plan, which includes voluntary deferred compensation.
Following these transactions, Redd directly held 147,540 common shares of Apple Hospitality REIT.