Four Corners Property Trust holders back all proposals
Four Corners Property Trust, Inc. held its annual stockholder meeting on June 4, 2026.
Sentiment and the balance of points
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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.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
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.
Key Figures
Highest director votes for: 97,847,522 votes
Director broker non-votes: 4,712,186 votes
Auditor ratification for votes: 101,759,783 votes
+3 more
6 metrics
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
Key Terms
broker non-votes, independent registered public accounting firm, non-binding advisory basis, annual meeting of stockholders
4 terms
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
