Four Corners director gets 329 FCPT shares via RSUs

Four Corners Property Trust, Inc. director Toni Steele reported an increase in her direct ownership of the company’s common stock.

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. director Toni Steele reported an increase in her direct ownership of the company’s common stock. On January 15, 2026, she acquired 329 shares at a price of $0.00 per share. These shares represent dividend equivalent rights that accrued on a restricted stock unit award under a dividend reinvestment feature, meaning cash dividends were effectively converted into additional stock-based units and settled in common stock. Following this transaction, Steele beneficially owns 26,158 shares of Four Corners Property Trust common stock directly.

Insider Trade Summary

Other: 329 shares

Other 1 txn

Insider Steele Toni S

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	329	$0.00	$0.00

Holdings After Transaction: Common Stock — 26,158 shares (Direct)

Footnotes (1)

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FCPT director Toni Steele report?

Director Toni Steele reported acquiring 329 shares of Four Corners Property Trust, Inc. common stock on January 15, 2026, increasing her direct holdings.

How many FCPT shares does Toni Steele own after this Form 4 transaction?

After the reported transaction, Toni Steele beneficially owns 26,158 shares of Four Corners Property Trust, Inc. common stock directly.

What was the price paid per share in Toni Steele’s FCPT transaction?

The 329 shares of Four Corners Property Trust, Inc. common stock were acquired at a price of $0.00 per share, reflecting settlement of dividend equivalent rights.

What are the 329 FCPT shares reported by Toni Steele in this filing?

The 329 shares represent dividend equivalent rights that accrued on a restricted stock unit award under a dividend reinvestment feature and were settled in common stock.

Is this FCPT Form 4 transaction a direct or indirect holding for Toni Steele?

The filing shows the 26,158 shares of Four Corners Property Trust, Inc. common stock, including the newly acquired 329 shares, as held under direct ownership.

What does transaction code "J" mean in this FCPT Form 4?

Transaction code "J" in this context reflects an other acquisition of non-derivative securities, here tied to dividend equivalent rights on a restricted stock unit award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/20/2026 - 04:30 PM Learn about SEC filing dates

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^*

Steele Toni S

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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	01/15/2026		J		329(1)	A	(1)	26,158	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. 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 Toni Steele	01/20/2026
	** 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.