Four Corners (NYSE: FCPT) director gets 592 dividend-equivalent stock rights

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

1 transaction reported

Mixed 1 txn

Insider Jemley Charles

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	592	$0.00	--

Holdings After Transaction: Common Stock — 42,346 shares (Direct)

Footnotes (1)

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Key Figures

Dividend equivalent rights: 592 rights Shares held after transaction: 42,346 shares Recorded transaction price: $0.0000 per share

3 metrics

Dividend equivalent rights 592 rights Accrued on restricted stock unit award via dividend reinvestment

Shares held after transaction 42,346 shares Common stock directly held by Charles Jemley after adjustment

Recorded transaction price $0.0000 per share Price per share for this non-market, compensation-related entry

Key Terms

dividend equivalent rights, restricted stock unit award, dividend reinvestment feature

3 terms

dividend equivalent rights financial

"Represents dividend equivalent rights that accrued on a restricted stock unit award"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

restricted stock unit award financial

"that accrued on a restricted stock unit award pursuant to the dividend reinvestment feature"

A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.

dividend reinvestment feature financial

"pursuant to the dividend reinvestment feature of the award"

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 04:30 PM

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jemley Charles

(Last)

(First)

(Middle)

C/O FOUR CORNERS PROPERTY TRUST, INC.

591 REDWOOD HIGHWAY, SUITE 3215

(Street)

MILL VALLEY

CALIFORNIA

94941

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Four Corners Property Trust, Inc. [ FCPT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/15/2026		J		592⁽¹⁾	A	⁽¹⁾	42,346	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	/s/ James L. Brat as Attorney-in-Fact for Charles Jemley	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did FCPT director Charles Jemley report in this Form 4 filing?

Director Charles Jemley reported an internal equity adjustment, not a market trade. 592 dividend equivalent rights accrued on a restricted stock unit award through its dividend reinvestment feature, to be settled in common stock, increasing his directly held position to 42,346 shares.

Were any Four Corners Property Trust (FCPT) shares bought or sold on the market?

No open-market buys or sells were reported. The Form 4 shows an "other" transaction where dividend equivalent rights accrued on an existing restricted stock unit award, with a recorded transaction price of $0.0000 per share, indicating a compensation-related adjustment.

How many FCPT dividend equivalent rights did Charles Jemley receive?

He received 592 dividend equivalent rights linked to a restricted stock unit award. Each right is economically equivalent to one share of common stock and is settled in common stock, effectively increasing his equity exposure without an open-market purchase or sale.

What is Charles Jemley’s FCPT common stock holding after this transaction?

After the transaction, Charles Jemley directly holds 42,346 shares of Four Corners Property Trust common stock. This total reflects the addition of 592 dividend equivalent rights tied to a restricted stock unit award, which are settled in common stock under the award’s terms.

What does “dividend equivalent rights” mean in the FCPT Form 4?

Dividend equivalent rights are credits that mirror cash dividends on underlying awards. For FCPT, each dividend equivalent right is economically equal to one share of common stock and is settled in common stock, arising here from the dividend reinvestment feature of a restricted stock unit award.