Four Corners director adds 166 shares via dividends
Four Corners Property Trust, Inc. (FCPT) reported that director Elizabeth Tennican acquired 166 shares of common stock through a Form 4 transaction coded "J".
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 166 | -- | -- |
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FCPT director Elizabeth Tennican report on this Form 4?
Was the FCPT Form 4 transaction by Elizabeth Tennican an open-market buy or sell?
What are dividend equivalent rights in the context of FCPT’s Form 4 filing?
What does transaction code "J" signify in FCPT director Elizabeth Tennican’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.