Four Corners director adds 245 shares via dividends
FCPT director Charles Jemley added 245 shares via dividend equivalents tied to a restricted stock unit award, bringing his direct holdings to 48,714 shares.
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. (FCPT) director Charles Jemley reported an acquisition of 245 shares of common stock on September 15, 2026, through dividend equivalent rights accruing on a restricted stock unit award. After this transaction, he directly holds 48,714 shares of FCPT common stock. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 245 shares
Other
1 txn
Insider
Jemley Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 245 | -- | -- |
Holdings After Transaction:
Common Stock — 48,714 shares (Direct)
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
Shares acquired: 245 shares
Shares owned after transaction: 48,714 shares
Transaction type: Other acquisition or disposition (code J)
+2 more
5 metrics
Shares acquired
245 shares
Dividend equivalent rights credited on September 15, 2026
Shares owned after transaction
48,714 shares
Direct ownership by Charles Jemley following the reported Form 4 transaction
Transaction type
Other acquisition or disposition (code J)
Non-derivative common stock transaction classified as restructuring-related
Security title
Common Stock
Underlying security for the dividend equivalent rights credited
Dividend equivalent rights credited
245 rights
Each right economically equivalent to one FCPT common share and settled in stock
Key Terms
dividend equivalent rights, restricted stock unit, dividend reinvestment feature
3 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 financial
"accrued on a restricted stock unit award pursuant to the dividend reinvestment"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FCPT director Charles Jemley report?
He reported acquiring 245 shares of Four Corners Property Trust, Inc. (FCPT) common stock on September 15, 2026, through dividend equivalent rights attached to a restricted stock unit award.
Was the FCPT Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this transaction.
Is the FCPT Form 4 transaction a market purchase or sale?
No market purchase or sale is reported. The Form 4 describes an other type of acquisition, specifically dividend equivalent rights accruing on a restricted stock unit award, settled in FCPT common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.