FCPT director granted 104 dividend equivalents
Four Corners Property Trust director Douglas B. Hansen reported an internal equity adjustment tied to his restricted stock units.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 104 | $0.00 | $0.00 |
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
Key Terms
dividend equivalent rights financial
restricted stock unit financial
dividend reinvestment feature financial
common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FCPT director Douglas B. Hansen report?
Is Douglas B. Hansen buying or selling FCPT stock in this Form 4?
What are dividend equivalent rights in the FCPT Form 4 filing?
Does the FCPT Form 4 indicate a change in Hansen’s overall ownership strategy?
AI-generated analysis. How Rhea-AI works. Not financial advice.