FCPT (NYSE: FCPT) COO James Brat gains stock through dividend equivalents

Rhea-AI Filing Summary

Four Corners Property Trust Chief Operations Officer James L. Brat reported automatic share accruals tied to existing equity awards. On January 15, 2026, he acquired 242 shares of common stock at $0.00 per share from dividend equivalent rights on a restricted stock unit award and 396 shares of common stock at $0.00 per share from dividends on a restricted stock award, both through the awards’ dividend reinvestment features. Following these transactions, he directly beneficially owned 125,707 shares of Four Corners Property Trust common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Brat James L

Role Chief Operations Officer

Type	Security	Shares	Price	Value
Other	Common Stock	242	$0.00	--
Other	Common Stock	396	$0.00	--

Holdings After Transaction: Common Stock — 125,311 shares (Direct)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Brat James L

(Last) (First) (Middle)

C/O FOUR CORNERS PROPERTY TRUST, INC.

591 REDWOOD HIGHWAY, SUITE 3215

(Street)

MILL VALLEY CA 94941

(City) (State) (Zip)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operations Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/15/2026		J		242(1)	A	(1)	125,311	D
Common Stock	01/15/2026		J		396(2)	A	(2)	125,707	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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.

2. Represents dividend that accrued on a restricted stock award pursuant to the dividend reinvestment feature of the award.

	/s/ James L. Brat	01/20/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did FCPT Chief Operations Officer James L. Brat report?

On January 15, 2026, James L. Brat reported acquiring 242 shares and 396 shares of Four Corners Property Trust common stock, both at $0.00 per share, through equity award dividend features.

Why was the price per share $0.00 in James L. Brats FCPT Form 4 filing?

The $0.00 price reflects that the 242 and 396 FCPT shares were credited via dividend equivalent rights on a restricted stock unit award and dividends on a restricted stock award under dividend reinvestment features, not open-market purchases.

How many FCPT shares does James L. Brat own after these reported transactions?

After the reported transactions, James L. Brat directly beneficially owned 125,707 shares of Four Corners Property Trust common stock.

What does transaction code J mean in this FCPT Form 4 for James L. Brat?

Transaction code J in this Form 4 indicates other types of acquisitions; here, it covers dividend equivalent rights on a restricted stock unit award and dividends on a restricted stock award that were reinvested in FCPT common stock.

Were the FCPT shares in this Form 4 held directly or indirectly by James L. Brat?

The Form 4 shows the 242 and 396 FCPT common shares and the 125,707-share balance as held with direct (D) beneficial ownership by James L. Brat.

Are these FCPT insider transactions related to stock options or other derivative securities?

No derivative securities are listed in Table II. The reported FCPT transactions in Table I involve common stock from dividend equivalent rights on a restricted stock unit award and dividends on a restricted stock award.