Four Corners (NYSE: FCPT) credits 38 new shares to its accounting chief
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. (FCPT) reported that Chief Accounting Officer Niccole Stewart acquired additional common shares through an internal equity feature. On 2026-08-17, 38 shares of common stock were credited as a dividend that accrued on an existing restricted stock award under its dividend reinvestment feature. Following this non-market transaction, Stewart directly holds 22,831 common shares of Four Corners Property Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 38 shares
Net Buy
1 txn
Insider
Stewart Niccole
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 38 | -- | -- |
Holdings After Transaction:
Common Stock — 22,831 shares (Direct)
Footnotes (1)
- F1. Represents dividend that accrued on a restricted stock award pursuant to the dividend reinvestment feature of the award.
Key Figures
Shares acquired: 38 shares
Shares owned after transaction: 22,831 shares
Restructuring shares: 38 shares
3 metrics
Shares acquired
38 shares
Dividend accrued on a restricted stock award on 2026-08-17
Shares owned after transaction
22,831 shares
Direct ownership by Niccole Stewart following the 2026-08-17 transaction
Restructuring shares
38 shares
Classified in the transaction summary as restructuring shares for code J
Key Terms
restricted stock award, dividend reinvestment feature, Form 4
3 terms
restricted stock award financial
"Represents dividend that accrued on a restricted stock award pursuant"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
dividend reinvestment feature financial
"pursuant to the dividend reinvestment feature of the award"
Form 4 regulatory
"The FCPT Form 4 transaction was not an open-market buy"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did FCPT report for Niccole Stewart on this Form 4?
Four Corners Property Trust reported that Chief Accounting Officer Niccole Stewart received 38 shares of common stock on 2026-08-17. The shares reflect dividends accrued on a restricted stock award under its dividend reinvestment feature, not an open-market purchase or sale.
Was the FCPT Form 4 transaction an open-market buy or sell?
No, the Form 4 transaction for FCPT was not an open-market buy or sell. Code J indicates “other” activity, and the footnote explains the 38 shares represent dividends reinvested on a restricted stock award, rather than a market trade.
What does the footnote on the FCPT Form 4 transaction explain?
The footnote explains that the reported 38 shares represent a dividend that accrued on a restricted stock award. These shares were added through the award’s dividend reinvestment feature, clarifying the nature of the acquisition as part of equity compensation.
Who is the reporting person in FCPT’s latest Form 4 and what is their role?
The reporting person is Niccole Stewart, who serves as Chief Accounting Officer of Four Corners Property Trust. The filing reports an acquisition of 38 shares of common stock via dividend reinvestment on an existing restricted stock award.
AI-generated analysis. How Rhea-AI works. Not financial advice.