STOCK TITAN

Four Corners Property Trust (NYSE: FCPT) investors re-elect board and ratify KPMG

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. held its annual stockholder meeting on June 4, 2026. Stockholders re-elected eight directors, each receiving over 96 million votes in favor, with broker non-votes of about 4.7 million on each director item.

Stockholders also ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 101,759,783 votes for and 993,777 against. In addition, they approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 95,046,509 votes for and 2,913,864 against.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Highest director votes for 97,847,522 votes Votes cast for director Michael Friedland
Director broker non-votes 4,712,186 votes Broker non-votes on each director election
Auditor ratification for votes 101,759,783 votes For KPMG LLP as 2026 auditor
Auditor ratification against votes 993,777 votes Against KPMG LLP ratification
Say-on-pay for votes 95,046,509 votes For advisory approval of executive compensation
Say-on-pay against votes 2,913,864 votes Against advisory approval of executive compensation
broker non-votes financial
"Broker Non-Votes 4,712,186"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"appointment of KPMG LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
non-binding advisory basis financial
"approved, on a non-binding advisory basis, the compensation of the Company's named executive officers"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
annual meeting of stockholders financial
"On June 4, 2026, the Company held its annual meeting of stockholders"
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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): June 04, 2026

 

 

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 5.07 Submission of Matters to a Vote of Security Holders.

On June 4, 2026, the Company held its annual meeting of stockholders. At the annual meeting, stockholders voted on the matters disclosed in the Proxy Statement. The final voting results for the matters submitted to a vote of stockholders were as follows:

Proposal One: Election of Directors

 

The Company’s stockholders elected the persons listed below as directors for a one-year term expiring in 2027 and until their respective successors are elected and qualified.

Director

 

Vote Result

 

Votes Cast For

 

 

Votes Cast Against

 

 

Abstentions

 

 

Broker Non-Votes

 

William H. Lenehan

 

Re-elected

 

 

97,252,612

 

 

 

785,062

 

 

 

37,714

 

 

 

4,712,186

 

Michael Friedland

 

Re-elected

 

 

97,847,522

 

 

 

194,650

 

 

 

33,216

 

 

 

4,712,186

 

Douglas B. Hansen

 

Re-elected

 

 

96,250,151

 

 

 

1,790,561

 

 

 

34,676

 

 

 

4,712,186

 

Charles L. Jemley

 

Re-elected

 

 

96,462,329

 

 

 

1,577,264

 

 

 

35,795

 

 

 

4,712,186

 

Barbara Jesuele

 

Re-elected

 

 

96,814,129

 

 

 

1,223,110

 

 

 

38,149

 

 

 

4,712,186

 

Marran H. Ogilvie

 

Re-elected

 

 

96,370,170

 

 

 

1,659,716

 

 

 

45,502

 

 

 

4,712,186

 

Toni Steele

 

Re-elected

 

 

96,784,037

 

 

 

1,255,988

 

 

 

35,368

 

 

 

4,712,186

 

Liz Tennican

 

Re-elected

 

 

97,065,771

 

 

 

959,008

 

 

 

50,609

 

 

 

4,712,186

 

 

Proposal Two: Ratification of the Appointment of Independent Registered Public Accounting Firm

 

The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

Vote Result

 

Votes Cast For

 

 

Votes Cast Against

 

 

Abstentions

 

 

Broker Non-Votes

Approved

 

 

101,759,783

 

 

 

993,777

 

 

 

34,014

 

 

N/A

 

Proposal Three: Approval, on a Non-Binding Advisory Basis, of the Compensation of the Company's Named Executive Officers

 

The Company’s stockholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in the Proxy Statement.

Vote Result

 

Votes Cast For

 

 

Votes Cast Against

 

 

Abstentions

 

 

Broker Non-Votes

 

Approved

 

 

95,046,509

 

 

 

2,913,864

 

 

 

115,015

 

 

 

4,712,186

 

 


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:

June 8, 2026

By:

/s/ JAMES L. BRAT

 

 

 

James L. Brat
Chief Operations Officer, Chief Legal Officer and Secretary

 


FAQ

What did FCPT stockholders decide at the June 2026 annual meeting?

Stockholders re-elected all eight directors, ratified KPMG LLP as auditor, and approved executive compensation on an advisory basis. Each director received over 96 million votes for, and the say-on-pay proposal received about 95 million votes in favor.

Were all Four Corners Property Trust (FCPT) directors re-elected?

Yes, all eight nominated directors were re-elected for one-year terms expiring in 2027. Each nominee received at least about 96.3 million votes for, with relatively low votes against and consistent broker non-votes around 4.7 million shares.

Which auditing firm did FCPT stockholders ratify for fiscal 2026?

Stockholders ratified KPMG LLP as Four Corners Property Trust’s independent registered public accounting firm for the year ending December 31, 2026. The proposal received 101,759,783 votes for, 993,777 against, and 34,014 abstentions, with no broker non-votes reported.

How did FCPT investors vote on executive compensation (say-on-pay)?

Investors approved, on a non-binding advisory basis, the compensation of FCPT’s named executive officers. The say-on-pay resolution garnered 95,046,509 votes for, 2,913,864 against, 115,015 abstentions, and 4,712,186 broker non-votes, indicating broad but not unanimous support.

What was the level of opposition to FCPT director nominees in 2026?

Opposition was relatively modest, with votes against individual directors ranging from about 194,650 to 1,790,561. Support ranged from roughly 96.3 million to 97.8 million votes for, alongside approximately 4.7 million broker non-votes on each director election proposal.

How many broker non-votes occurred on FCPT’s 2026 voting items?

Broker non-votes were about 4,712,186 shares on each director and say-on-pay proposal. There were no broker non-votes on the auditor ratification item, which is typically considered a routine matter allowing brokers to vote without specific instructions.

Filing Exhibits & Attachments

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