Four Corners director credited 592 dividend rights
Four Corners Property Trust director Charles Jemley reported an internal equity adjustment tied to existing awards, not an open‑market trade.
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Rhea-AI Filing Summary
Four Corners Property Trust director Charles Jemley reported an internal equity adjustment tied to existing awards, not an open‑market trade. A total of 592 dividend equivalent rights accrued on a restricted stock unit award through its dividend reinvestment feature and will be settled in common stock. Following this adjustment, Jemley directly holds 42,346 shares of common stock. The transaction carries no stated purchase or sale price and reflects routine compensation-related mechanics rather than a discretionary buy or sell in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 592 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents dividend equivalent rights that accrued on a restricted stock unit award pursuant to the dividend reinvestment feature of the award. Each dividend equivalent right is the economic equivalent of one share of the registrant's common stock and is settled in common stock.
Key Figures
Key Terms
dividend equivalent rights financial
restricted stock unit award financial
dividend reinvestment feature financial
FAQ
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What did FCPT director Charles Jemley report in this Form 4 filing?
How many FCPT dividend equivalent rights did Charles Jemley receive?
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What does “dividend equivalent rights” mean in the FCPT Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.