What are the 178 FCPT shares reported in this Form 4 related to?

The 178 shares represent dividend equivalent rights that accrued on a restricted stock unit award under its dividend reinvestment feature. Each dividend equivalent right is the economic equivalent of one share of FCPT common stock and is settled in common stock.

Four Corners director acquires 178 dividend shares

Q: What insider transaction did FCPT director Elizabeth Tennican report?

She reported acquiring 178 shares of Four Corners Property Trust, Inc. common stock on September 15, 2026, through dividend equivalent rights accruing on a restricted stock unit award under its dividend reinvestment feature.

Q: What transaction code is used in Elizabeth Tennican’s FCPT Form 4 filing and what does it mean?

The transaction uses code J, described as an “Other acquisition or disposition”. In this case it reflects the automatic accrual of dividend equivalent rights on a restricted stock unit award that are settled in FCPT common stock.

FCPT director Elizabeth Tennican added 178 dividend-equivalent shares tied to RSUs, increasing her direct holdings to 34,459 shares.

Available on EDGAR 09/16/2026 - 05:00 PM EDT Accepted by SEC EDGAR 09/16/2026 - 05:00 PM EDT

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Form Type

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. (FCPT) director Elizabeth Tennican reported an acquisition of 178 shares of common stock on September 15, 2026. These represent dividend equivalent rights that accrued on a restricted stock unit award under its dividend reinvestment feature and are settled in common stock, bringing her directly held stake to 34,459 shares. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Other: 178 shares

Other 1 txn

Insider Tennican Elizabeth

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock ^F1	178	--	--

Holdings After Transaction: Common Stock — 34,459 shares (Direct)

Holdings Before and After: Common Stock, 34,281 to 34,459 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: 178 shares Shares owned after transaction: 34,459 shares Transaction date: September 15, 2026

3 metrics

Shares acquired 178 shares Dividend equivalent rights accrued on RSUs on September 15, 2026

Shares owned after transaction 34,459 shares Direct holdings of FCPT common stock following the September 15, 2026 transaction

Transaction date September 15, 2026 Date the 178 dividend equivalent rights were acquired and reported

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 feature"

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 Elizabeth Tennican report?

She reported acquiring 178 shares of Four Corners Property Trust, Inc. common stock on September 15, 2026, through dividend equivalent rights accruing on a restricted stock unit award under its dividend reinvestment feature.

How many FCPT shares does Elizabeth Tennican hold after this Form 4 transaction?

After the reported transaction, Elizabeth Tennican directly holds 34,459 shares of Four Corners Property Trust, Inc. common stock, reflecting the addition of 178 shares tied to dividend equivalent rights on an existing restricted stock unit award.

Was a Rule 10b5-1 trading plan used for this FCPT insider transaction?

No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so there is no Rule 10b5-1 trading plan reported in connection with this acquisition of dividend equivalent rights by director Elizabeth Tennican.

What transaction code is used in Elizabeth Tennican’s FCPT Form 4 filing and what does it mean?

The transaction uses code J, described as an “Other acquisition or disposition”. In this case it reflects the automatic accrual of dividend equivalent rights on a restricted stock unit award that are settled in FCPT common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Tennican Elizabeth

(Last)

(First)

(Middle)

C/O FOUR CORNERS PROPERTY TRUST, INC.

591 REDWOOD HIGHWAY, SUITE 3215

(Street)

MILL VALLEY

CALIFORNIA

94941

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/15/2026		J		178⁽¹⁾	A	⁽¹⁾	34,459	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

	/s/ James L. Brat as Attorney-in-Fact for Elizabeth Tennican	09/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR