Four Corners Property Trust (NYSE: FCPT) director reports 672 dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. director Charles Jemley reported an "other" equity transaction on July 15, 2026. The change reflects 672 dividend equivalent rights that accrued on a restricted stock unit award pursuant to its dividend reinvestment feature, with each right economically equivalent to one share of common stock and settled in common stock. Following this adjustment, Jemley directly holds 48,240 shares of Four Corners common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jemley Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 672 | -- | -- |
Holdings After Transaction:
Common Stock — 48,240 shares (Direct)
Footnotes (1)
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Key Figures
Dividend equivalent rights reported: 672
Shares held after transaction: 48,240 shares
2 metrics
Dividend equivalent rights reported
672
Dividend equivalent rights accrued on a restricted stock unit award pursuant to a dividend reinvestment feature
Shares held after transaction
48,240 shares
Direct holdings of Four Corners Property Trust common stock following the July 15, 2026 event
Key Terms
dividend equivalent rights, restricted stock unit award, 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 award financial
"accrued on a restricted stock unit award pursuant to the dividend reinvestment feature"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
dividend reinvestment feature financial
"pursuant to the dividend reinvestment feature of the award"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Charles Jemley report at Four Corners Property Trust (FCPT) on July 15, 2026?
Director Charles Jemley reported an "other" equity transaction on July 15, 2026. It reflects 672 dividend equivalent rights accrued on a restricted stock unit award through a dividend reinvestment feature, settled in Four Corners common stock rather than an open-market trade.
How many dividend equivalent rights were involved in Charles Jemley’s FCPT transaction?
The event involved 672 dividend equivalent rights, each economically equivalent to one share of Four Corners common stock. These rights accrued on a restricted stock unit award through a dividend reinvestment feature and are settled directly in common stock rather than cash.
What are dividend equivalent rights in the context of FCPT’s restricted stock unit awards?
Dividend equivalent rights are amounts that accrue on a restricted stock unit award under a dividend reinvestment feature. At Four Corners, each such right is the economic equivalent of one share of common stock and is settled in common stock to mirror dividend value.
Did Charles Jemley buy or sell FCPT stock in this reported event?
The event is categorized as an "other" transaction with a neutral net buy/sell effect, not an open-market purchase or sale. It represents dividend equivalent rights credited on a restricted stock unit award and settled in common stock, adjusting his recorded holdings.