Four Corners (NYSE: FCPT) CFO boosts stake with dividend stock awards

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. (FCPT) reported that its Chief Financial Officer, Patrick L. Wernig, acquired additional common stock through dividend-related adjustments on existing equity awards. On August 17, 2026, he received 296 shares as dividend equivalent rights on a restricted stock unit award and 133 shares from dividends on a restricted stock award, all settled in common stock.

Insider Trade Summary

Net Buyer: 429 shares

Net Buy 2 txns

Insider Wernig Patrick L.

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Other	Common Stock F1	296	--	--
Other	Common Stock F2	133	--	--

Holdings After Transaction: Common Stock — 149,983 shares (Direct)

Footnotes (2)

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.
2. F2. Represents dividend that accrued on a restricted stock award pursuant to the dividend reinvestment feature of the award.

Key Figures

Dividend equivalent rights shares: 296 shares Dividend reinvestment on restricted stock: 133 shares Total shares from restructuring-type transactions: 429 shares

3 metrics

Dividend equivalent rights shares 296 shares Dividend equivalent rights on restricted stock unit award acquired August 17, 2026

Dividend reinvestment on restricted stock 133 shares Dividend accrued on restricted stock award under dividend reinvestment feature on August 17, 2026

Total shares from restructuring-type transactions 429 shares Aggregate shares from two code J other acquisition transactions

Key Terms

dividend equivalent rights, restricted stock unit award, dividend reinvestment feature

3 terms

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 award financial

"accrued on a restricted stock unit award pursuant to the dividend reinvestment"

A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.

dividend reinvestment feature financial

"pursuant to the dividend reinvestment feature of the award"

FAQ

What insider transaction did FCPT CFO Patrick L. Wernig report on August 17, 2026?

Patrick L. Wernig reported acquiring 429 FCPT common shares tied to existing equity awards. These consisted of dividend equivalent rights on restricted stock units and dividends on restricted stock, both credited under a dividend reinvestment feature and settled in additional common stock.

How many FCPT shares did Patrick L. Wernig receive as dividend equivalent rights?

Patrick L. Wernig received 296 FCPT shares as dividend equivalent rights on a restricted stock unit award. Each right is economically equivalent to one share of common stock and is settled in common stock under the award’s dividend reinvestment feature.

How many FCPT shares did Patrick L. Wernig receive from dividends on restricted stock?

He received 133 FCPT shares from dividends accruing on a restricted stock award. These shares were credited pursuant to the award’s dividend reinvestment feature, effectively reinvesting cash dividends into additional common stock issued to him.

Were Patrick L. Wernig’s reported FCPT transactions market purchases or sales?

They were not market purchases or sales but coded as “J” other acquisitions. The shares arose from dividend equivalent rights and dividends on existing restricted awards under a dividend reinvestment feature, increasing his equity position without open-market trading.

How are FCPT dividend equivalent rights on restricted stock units settled for Patrick L. Wernig?

Each dividend equivalent right is economically equivalent to one FCPT share and is settled in common stock. When dividends accrue on his restricted stock unit award, additional shares of Four Corners Property Trust common stock are issued in respect of these rights.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 05:10 PM Accepted by SEC EDGAR 08/19/2026 - 05:10 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^*

Wernig Patrick L.

(Last) (First) (Middle)

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/17/2026		J		296(1)	A	(1)	149,850	D
Common Stock	08/17/2026		J		133(2)	A	(2)	149,983	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.

2. Represents dividend that accrued on a restricted stock award pursuant to the dividend reinvestment feature of the award.

	/s/ James L. Brat as Attorney-in-Fact for Patrick L. Wernig	08/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)