Four Corners COO (NYSE: FCPT) adds 234 shares via dividends

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. (FCPT) reported that Chief Operations Officer James L. Brat had two Form 4 transactions on 2026-08-17. He acquired 84 shares of common stock through dividend equivalent rights that accrued on a restricted stock unit award, and 150 shares through dividends that accrued on a restricted stock award, both pursuant to the awards’ dividend reinvestment features. These code J entries are classified as other acquisitions and reflect stock-based compensation mechanics rather than open-market trading.

Insider Trade Summary

Net Buyer: 234 shares

Net Buy 2 txns

Insider Brat James L

Role Chief Operations Officer

Type	Security	Shares	Price	Value
Other	Common Stock F1	84	--	--
Other	Common Stock F2	150	--	--

Holdings After Transaction: Common Stock — 137,686 shares (Direct)

Footnotes (2)

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.
2. F2. Represents dividend that accrued on a restricted stock award pursuant to the dividend reinvestment feature of the award.

Key Figures

Shares acquired via dividend equivalent rights: 84 shares Shares acquired via dividend on restricted stock: 150 shares Total restructuring-related acquisitions: 234 shares

3 metrics

Shares acquired via dividend equivalent rights 84 shares Common Stock acquired on 2026-08-17 through dividend equivalent rights on a restricted stock unit award

Shares acquired via dividend on restricted stock 150 shares Common Stock acquired on 2026-08-17 through dividend reinvestment on a restricted stock award

Total restructuring-related acquisitions 234 shares Total shares in code J restructuring-type transactions on 2026-08-17

Key Terms

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

4 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 financial

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

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

dividend reinvestment feature financial

"pursuant to the dividend reinvestment feature of the award"

restricted stock award financial

"Represents dividend that accrued on a restricted stock award pursuant to the"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

FAQ

What insider transaction did FCPT report for James L. Brat on August 17, 2026?

FCPT reported that James L. Brat acquired 234 shares of common stock on 2026-08-17, all via dividend-related accruals on existing restricted stock and restricted stock unit awards, not through open-market purchases or sales.

How many FCPT shares were acquired through dividend equivalent rights by James L. Brat?

James L. Brat acquired 84 shares of FCPT common stock through dividend equivalent rights on a restricted stock unit award, reflecting the plan’s dividend reinvestment feature and settled in shares of common stock.

How many FCPT shares did James L. Brat receive from dividends on restricted stock?

He received 150 shares of FCPT common stock representing dividends that accrued on a restricted stock award under its dividend reinvestment feature, resulting in additional stock rather than cash dividends.

What does transaction code J mean in James L. Brat’s FCPT Form 4?

Transaction code J indicates an other acquisition or disposition. For FCPT, Brat’s code J entries reflect stock received through dividend equivalent rights and dividend reinvestment on existing equity awards, not traditional market buys or sells.

Were James L. Brat’s FCPT transactions made under a Rule 10b5-1 trading plan?

The Form 4 shows the Rule 10b5-1 checkbox as not checked, and footnotes describe the events as dividend-related accruals on equity awards, not as trades executed under a pre-arranged 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 05:10 PM Accepted by SEC EDGAR 08/19/2026 - 05:10 PM Learn about SEC filing dates

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^*

Brat James L

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/17/2026		J		84(1)	A	(1)	137,536	D
Common Stock	08/17/2026		J		150(2)	A	(2)	137,686	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

2. Represents dividend that accrued on a restricted stock award pursuant to the dividend reinvestment feature of the award.

	/s/ James L. Brat	08/19/2026
	** 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)