Four Corners (NYSE: FCPT) COO logs stock award and tax share surrender
Rhea-AI Filing Summary
Four Corners Property Trust Chief Operations Officer James L. Brat reported routine equity-related transactions in company stock. On January 22, 2026, he acquired 3,263 shares of common stock at a reported price of $0, which typically reflects the vesting or issuance of share-based awards rather than an open-market purchase. On the same date, he surrendered 8,847 common shares at $24.28 per share to Four Corners Property Trust to cover tax withholding obligations tied to the issuance of vested shares, as described in the footnote. After these transactions, he directly held 120,123 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,263 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,847 | $24.28 | $215K |
Footnotes (1)
- [object Object]
FAQ
What insider activity did FCPTs Chief Operations Officer report?
Chief Operations Officer James L. Brat reported two transactions in Four Corners Property Trust (FCPT) common stock dated January 22, 2026: an acquisition of 3,263 shares and a surrender of 8,847 shares to the company to satisfy tax withholding obligations related to vested shares.
Were the FCPT insider transactions open-market buys or sells?
The filing shows an acquisition of 3,263 shares at $0, which indicates an award or vesting rather than a market purchase, and a separate transaction where 8,847 shares were surrendered to the company at $24.28 per share to cover tax withholding on vested common shares.
What does the tax withholding transaction in the FCPT Form 4 mean?
The footnote explains that the 8,847 common shares were surrendered back to Four Corners Property Trust to satisfy tax withholding obligations arising from the issuance of vested common shares, which is a common method for covering taxes on equity compensation.
Does the FCPT COOs Form 4 indicate any change in control or large stake sale?
The Form 4 records routine equity award activity and tax-related share surrender by the Chief Operations Officer. It does not indicate any large open-market sale or change in control; after the transactions he still directly owns 120,123 common shares.