STOCK TITAN

Four Corners (NYSE: FCPT) director now holds 34,281 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. (FCPT) reported that director Elizabeth Tennican acquired 166 shares of common stock through a Form 4 transaction coded "J". According to the footnote, these represent dividend equivalent rights that accrued on a restricted stock unit award and are settled in common stock, rather than an open-market purchase. Following this accrual, Tennican directly holds 34,281 shares of FCPT common stock.

Positive

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Insider Tennican Elizabeth
Role Director
Type Security Shares Price Value
Other Common Stock F1 166 -- --
Holdings After Transaction: Common Stock — 34,281 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.
Shares acquired 166 shares Dividend equivalent rights accrued on an RSU award on 2026-08-17
Shares owned after transaction 34,281 shares Direct FCPT common stock holdings by Elizabeth Tennican following the Form 4 transaction
Restructuring-related shares 166 shares Shares classified in transaction summary as restructuringShares for code J
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"

FAQ

What insider transaction did FCPT director Elizabeth Tennican report on this Form 4?

Elizabeth Tennican reported acquiring 166 shares of Four Corners Property Trust (FCPT) common stock. These shares arose from dividend equivalent rights on a restricted stock unit award, reflecting dividends reinvested into stock rather than a market purchase.

How many FCPT shares does Elizabeth Tennican own after the latest Form 4 transaction?

After the reported transaction, Elizabeth Tennican directly holds 34,281 shares of FCPT common stock. This total includes the 166 shares received as dividend equivalent rights tied to an existing restricted stock unit award.

Was the FCPT Form 4 transaction by Elizabeth Tennican an open-market buy or sell?

The Form 4 for FCPT does not report an open-market buy or sell by Elizabeth Tennican. Instead, it records 166 shares acquired as dividend equivalent rights on a restricted stock unit award, settled in common stock.

What are dividend equivalent rights in the context of FCPT’s Form 4 filing?

In this FCPT filing, dividend equivalent rights are rights that accrue dividends on a restricted stock unit award. Each right is the economic equivalent of one share of common stock and is settled in FCPT common shares.

What does transaction code "J" signify in FCPT director Elizabeth Tennican’s Form 4?

Transaction code "J" in this FCPT Form 4 is described as an "other acquisition or disposition." Here, it reflects an internal equity event: 166 shares credited as dividend equivalent rights on a restricted stock unit award, not a market trade.

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

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Learn about SEC filing dates
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*
Tennican Elizabeth

(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)
08/17/2026
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 Stock08/17/2026J166(1)A(1)34,281D
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 Elizabeth Tennican08/19/2026
** 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)