Four Corners (FCPT) CEO gains stock from dividend accruals
Rhea-AI Filing Summary
Four Corners Property Trust President and CEO William H. Lenehan reported small, stock-based increases in his holdings. On January 15, 2026, he acquired 75 shares of Four Corners common stock through dividend equivalent rights tied to a restricted stock unit award, and 1,805 shares from dividends on a restricted stock award, both under the dividend reinvestment features of those awards. The transactions were coded as "J" and carried a per-share price of $0.00, reflecting that they were automatic equity accruals rather than open-market purchases. Following these transactions, Lenehan directly owned 702,143 shares of Four Corners common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 75 | $0.00 | -- |
| Other | Common Stock | 1,805 | $0.00 | -- |
Footnotes (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. Represents dividend that accrued on a restricted stock award pursuant to the dividend reinvestment feature of the award.
FAQ
What insider activity did FCPT report for William H. Lenehan?
Four Corners Property Trust President and CEO William H. Lenehan reported acquiring additional common shares through dividend-related equity awards on January 15, 2026.
What does transaction code "J" indicate in this FCPT Form 4?
In this context, the code "J" is used for transactions that are other than standard purchases or sales, here reflecting dividend-related stock accruals under equity awards.
How are the dividend equivalent rights in the FCPT filing settled?
The footnotes state that each dividend equivalent right is the economic equivalent of one share of common stock and is settled in common stock of Four Corners Property Trust.