[8-K] Four Corners Property Trust, Inc. Reports Material Event

Rhea-AI Filing Summary

Streeterville Capital LLC, Streeterville Management LLC and John M. Fife filed Amendment No. 1 to Schedule 13G regarding Garden Stage Ltd (Nasdaq: GSIW).

The amendment, dated 29 July 2025, states the reporting persons now hold 0 ordinary shares, equal to 0.0 % of the outstanding class. Their current powers are:

• Sole voting power: 0
• Shared voting power: 0
• Sole dispositive power: 0
• Shared dispositive power: 0

The filing confirms the group’s ownership has fallen below the 5 % threshold that triggers a Schedule 13G, signalling a complete exit from a previously reportable stake. The signatories certify the shares were not acquired or held to influence control of the issuer.

Issuer address: 201, 2/F, China Insurance Group Building, 141 Des Voeux Road Central, Hong Kong. CUSIP: G3730L107.

No financial results or transactional details accompany this disclosure.

Positive

• None.

Negative

• Streeterville Capital, Streeterville Management and John M. Fife disclose their ownership has dropped to 0 %, eliminating a former >5 % holder of Garden Stage.

Insights

Securities Analyst

TL;DR: Streeterville’s 13G/A shows its ownership in GSIW fell to 0 %, removing a prior 5 %+ holder; impact appears neutral-to-slightly negative.

The amendment is principally an exit notice—Streeterville Capital, its manager and principal John Fife now report no voting or dispositive power over any Garden Stage shares. While the change eliminates a potential overhang of insider influence, it also signals that a sophisticated investor no longer sees value in holding the position. Because no price, transaction size or rationale is provided, the market impact will depend on whether the divestiture was previously known. Given the small-cap nature of GSIW, the absence of a strategic holder could modestly increase share-price volatility, but the filing itself carries limited immediate financial implications.

Corporate Governance Expert

TL;DR: Filing removes Streeterville as a significant stakeholder, simplifying ownership structure without changing control dynamics—overall governance impact is minimal.

Schedule 13G filers are passive investors; thus Streeterville’s move to 0 % does not alter board composition or control rights. However, it reduces concentrated ownership risk and may broaden the free float, which proxy advisers often view positively. The certification that the position was never intended to influence control further supports a neutral governance assessment. Absent other activists, Garden Stage’s governance profile remains unchanged.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 29, 2025

Four Corners Property Trust, Inc.

(Exact name of Registrant as Specified in Its Charter)

Maryland			001-37538	47-4456296
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
591 Redwood Highway Suite 3215
Mill Valley, California				94941
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (415) 965-8030

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.0001 par value per share		FCPT		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On July 29, 2025, Four Corners Property Trust, Inc. (the “Company”) announced its financial results for the quarter ended June 30, 2025. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and a copy of the Company’s Supplemental Financial & Operating Information for the quarter ended June 30, 2025 is attached hereto as Exhibit 99.2.

The information in this Item 2.02 and Exhibits 99.1 and 99.2 to this Form 8-K is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall they be deemed to be incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set forth by specific reference in such a filing.

Item 7.01 Regulation FD Disclosure.

Members of management of the Company will present an overview of the Company during upcoming investor presentations. A copy of the presentation is attached as Exhibit 99.3 and incorporated by reference herein.

The information in this Item 7.01 and Exhibit 99.3 to this Form 8-K is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall they be deemed to be incorporated by reference in any filing under the Exchange Act or the Securities Act except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Exhibit Description
99.1		Press Release Dated July 29, 2025
99.2		Supplemental Financial & Operating Information For Quarter Ended June 30, 2025
99.3		Investor Presentation of Four Corners Property Trust, Inc.
104		Cover Page Interactive Data File (embedded within Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			FOUR CORNERS PROPERTY TRUST, INC.
Date:	July 29, 2025	By:	/s/ JAMES L. BRAT
			James L. Brat Chief Operations Officer, General Counsel and Secretary

FAQ

What did Streeterville Capital report in the GSIW Schedule 13G/A?

The firm reported ownership of 0 ordinary shares (0.0 %), indicating a complete exit.

Why was the Schedule 13G/A filed on July 29, 2025?

The filing reflects an event on 07/29/2025 that reduced the group’s holdings below the 5 % reporting threshold.

Does the filing indicate any voting or dispositive power for Streeterville?

No. It lists 0 shares for both sole/shared voting and dispositive power.

What class of securities is covered in this 13G/A?

Garden Stage’s ordinary shares, par value $0.0001, CUSIP G3730L107.

Does the filing include Garden Stage’s financial results or transactions?

No. The document only addresses ownership disclosure; no earnings or transaction data are provided.