Four Corners CEO acquires 723 shares via awards

FCPT’s CEO received 723 additional common shares via dividend-related credits on existing equity awards, rather than through open-market purchases or sales.

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. (FCPT) reported that President and CEO William H. Lenehan acquired 723 shares of common stock on September 15, 2026 through award-related features, not open-market trades. The transactions reflect dividend equivalent rights on restricted stock units and dividends on restricted stock credited in stock under dividend reinvestment features.

Insider Trade Summary

Other: 723 shares

Other 2 txns

Insider Lenehan William H

Role President and CEO

Type	Security	Shares	Price	Value
Other	Common Stock F1	36	--	--
Other	Common Stock F2	687	--	--

Holdings After Transaction: Common Stock — 779,074 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 right shares: 36 shares of common stock Dividend on restricted stock shares: 687 shares of common stock Total shares acquired in Form 4: 723 shares of common stock

3 metrics

Dividend equivalent right shares 36 shares of common stock Credited on September 15, 2026 on a restricted stock unit award via dividend reinvestment

Dividend on restricted stock shares 687 shares of common stock Credited on September 15, 2026 on a restricted stock award via dividend reinvestment

Total shares acquired in Form 4 723 shares of common stock Sum of award-related acquisitions on September 15, 2026 classified as other acquisitions

Key Terms

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

4 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"

restricted stock award financial

"Represents dividend that accrued on a restricted stock award"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

FAQ

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

What insider transaction did FCPT report for CEO William H. Lenehan?

FCPT reported that CEO William H. Lenehan acquired 723 shares of common stock on September 15, 2026. These arose from dividend equivalent rights on restricted stock units and dividends on restricted stock under dividend reinvestment features, not from open-market buying or selling.

How many FCPT shares were related to dividend equivalent rights on RSUs?

A total of 36 shares of FCPT common stock were credited as dividend equivalent rights on a restricted stock unit award. Each dividend equivalent right is the economic equivalent of one share and is settled in common stock under the award’s dividend reinvestment feature.

How many FCPT shares did dividends on restricted stock generate for the CEO?

Dividends accruing on a restricted stock award generated 687 shares of FCPT common stock. These shares were credited pursuant to the dividend reinvestment feature of that restricted stock award, increasing the CEO’s equity position without a market transaction.

Were the FCPT insider transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 trading plan was affirmed for these transactions. The reported acquisitions were classified as other acquisitions tied to dividend and award mechanics, not pre-arranged trading under Rule 10b5-1.

Did the FCPT CEO sell any shares in this Form 4 filing?

No. The Form 4 shows no sales of FCPT common stock. It reports only two acquisition-type transactions totaling 723 shares, both classified as other acquisitions linked to dividends and dividend equivalent rights on existing equity awards.

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

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Available on EDGAR 09/16/2026 - 05:00 PM Accepted by SEC EDGAR 09/16/2026 - 05:00 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^*

Lenehan William H

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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	09/15/2026		J		36(1)	A	(1)	778,387	D
Common Stock	09/15/2026		J		687(2)	A	(2)	779,074	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 William H. Lenehan	09/16/2026
	** 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)