Four Corners (NYSE: FCPT) director adds shares from dividend rights
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. (FCPT) reported that director Ogilvie Marran H. acquired 288 shares of common stock on August 17, 2026. The acquisition reflects dividend equivalent rights accruing on a restricted stock unit award under a dividend reinvestment feature and settled in common stock, bringing direct holdings to 66,646 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 288 shares
Net Buy
1 txn
Insider
Ogilvie Marran H.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 288 | -- | -- |
Holdings After Transaction:
Common Stock — 66,646 shares (Direct)
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
Shares acquired: 288 shares
Shares owned after transaction: 66,646 shares
Transaction code: J
3 metrics
Shares acquired
288 shares
Dividend equivalent rights on restricted stock unit award on August 17, 2026
Shares owned after transaction
66,646 shares
Direct holdings of FCPT common stock following the reported transaction
Transaction code
J
Classified as other acquisition or disposition of non-derivative common stock
Key Terms
dividend equivalent rights, restricted stock unit, 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 financial
"accrued on a restricted stock unit award pursuant to the dividend reinvestment"
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"
FAQ
What insider transaction did FCPT disclose for Ogilvie Marran H.?
FCPT disclosed that director Ogilvie Marran H. acquired 288 shares of common stock on August 17, 2026. The shares arose from dividend equivalent rights on a restricted stock unit award and were settled in common stock.
Was the FCPT insider transaction a market purchase or sale?
The filing classifies the event as an “other acquisition or disposition” (code J), not a market purchase or sale. The 288 shares were issued as dividend equivalent rights tied to a restricted stock unit award, then settled in common stock.
Does the Form 4 indicate any 10b5-1 trading plan for the FCPT transaction?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, indicating the transaction was not identified as made under a Rule 10b5-1 trading plan. The filing instead links the shares to dividend equivalent rights on an RSU award.
AI-generated analysis. How Rhea-AI works. Not financial advice.