Dividend equivalents add 834 and 304 shares to FCPT CFO holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Four Corners Property Trust (FCPT) reported insider activity by CFO Patrick L. Wernig on 10/15/2025 via a Form 4. The filing shows acquisitions of common stock tied to dividends: 834 shares from dividend-equivalent rights accruing on RSUs and 304 shares from dividends on a restricted stock award (transaction code J for both). After these entries, Wernig beneficially owns 134,765 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wernig Patrick L.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 834 | $0.00 | -- |
| Other | Common Stock | 304 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 134,461 shares (Direct)
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 did FCPT (FCPT) disclose in this Form 4?
The CFO, Patrick L. Wernig, reported acquisitions of common stock from dividend-related accruals on 10/15/2025.
What is the CFO’s total beneficial ownership after the transactions?
Following the reported transactions, direct beneficial ownership is 134,765 shares.
What was the transaction code used in the Form 4?
Both entries used transaction code J, which indicates “other” acquisition types consistent with dividend-related accruals.
Did the Form 4 include any derivative securities activity?
Table II showed no derivative security transactions in this filing.
What is the transaction date for these acquisitions?
The reported transaction date is 10/15/2025.