STOCK TITAN

FCPT (NYSE: FCPT) director logs 104 dividend equivalent rights in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Four Corners Property Trust director Douglas B. Hansen reported an internal equity adjustment tied to his restricted stock units. On this Form 4, 104 dividend equivalent rights accrued on an existing restricted stock unit award through a dividend reinvestment feature, each equal in value to one share of common stock and settled in common stock at no stated price. Following this non-market, other-type transaction, Hansen directly holds 78,454 shares of Four Corners Property Trust common stock.

Positive

  • None.

Negative

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Insider HANSEN DOUGLAS B
Role Director
Type Security Shares Price Value
Other Common Stock 104 $0.00 --
Holdings After Transaction: Common Stock — 78,454 shares (Direct)
Footnotes (1)
  1. [object Object]
Dividend equivalent rights accrued 104 rights Accrued on restricted stock unit award via dividend reinvestment
Price per share for this transaction $0.00 per share Dividend equivalent rights settled in common stock at no stated price
Shares held after transaction 78,454 shares Douglas B. Hansen direct common stock ownership following Form 4
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"
common stock financial
"settled in common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
HANSEN DOUGLAS B

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026J104(1)A(1)78,454D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
/s/ James L. Brat as Attorney-in-Fact for Douglas B. Hansen04/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did FCPT director Douglas B. Hansen report?

Douglas B. Hansen reported 104 dividend equivalent rights on an existing restricted stock unit award. These rights accrued under a dividend reinvestment feature and are economically equivalent to common shares, settling in Four Corners Property Trust common stock at no stated purchase price.

Is Douglas B. Hansen buying or selling FCPT stock in this Form 4?

The Form 4 does not show an open-market buy or sell by Douglas B. Hansen. It reports an “other” transaction where 104 dividend equivalent rights accrued on his restricted stock units, a routine compensation-related adjustment rather than a discretionary market trade.

What are dividend equivalent rights in the FCPT Form 4 filing?

Dividend equivalent rights are credits that mirror dividends on restricted stock units. In this case, 104 rights accrued on Douglas B. Hansen’s award under a dividend reinvestment feature, and each right will be settled in one share of Four Corners Property Trust common stock.

How many FCPT shares does Douglas B. Hansen hold after this transaction?

After the reported transaction, Douglas B. Hansen directly holds 78,454 shares of Four Corners Property Trust common stock. This figure includes the impact of the 104 dividend equivalent rights that accrued and are settled in shares under the company’s equity compensation arrangement.

Does the FCPT Form 4 indicate a change in Hansen’s overall ownership strategy?

The Form 4 reflects a small, routine adjustment from 104 dividend equivalent rights on restricted stock units. It does not show open-market buying or selling activity, so it primarily updates Hansen’s recorded holdings rather than signaling a change in ownership strategy.