FCPT adopts director indemnification agreements on Nov 5, 2025
Four Corners Property Trust (FCPT) entered into indemnification agreements with each of its independent directors, effective November 5, 2025.
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Rhea-AI Filing Summary
Four Corners Property Trust (FCPT) entered into indemnification agreements with each of its independent directors, effective November 5, 2025. The agreements commit FCPT to indemnify these directors to the maximum extent permitted under Maryland law and the company’s charter, and to advance expenses in covered proceedings upon receipt of required affirmations and undertakings.
The filing notes that indemnification for liabilities arising under the Securities Act of 1933 is, in the SEC’s view, against public policy and unenforceable. FCPT filed the form of the Indemnification Agreement as Exhibit 10.1.
8-K Event Classification
FAQ
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What did FCPT (NYSE: FCPT) disclose in this 8-K?
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Does FCPT advance legal expenses for directors?
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