STOCK TITAN

Four Corners (NYSE: FCPT) COO logs stock award and tax share surrender

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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 Brat James L
Role Chief Operations Officer
Type Security Shares Price Value
Grant/Award Common Stock 3,263 $0.00 --
Tax Withholding Common Stock 8,847 $24.28 $215K
Holdings After Transaction: Common Stock — 128,970 shares (Direct)
Footnotes (1)
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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 CA 94941

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/22/2026 A 3,263 A $0 128,970 D
Common Stock 01/22/2026 F 8,847(1) D $24.28 120,123 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. Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the issuance of vested common shares.
/s/ James L. Brat 01/26/2026
** 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.

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.

How many FCPT shares does the COO own after these transactions?

After the reported transactions on January 22, 2026, Chief Operations Officer James L. Brat directly held 120,123 shares of Four Corners Property Trust common stock.

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.