Four Corners Property Trust (FCPT) director reports 406 dividend share units
Rhea-AI Filing Summary
Four Corners Property Trust director Elizabeth Tennican reported an acquisition of additional equity-linked compensation. On January 15, 2026, she acquired 406 shares of common stock at a reported price of $0.00 per share, coded as transaction type "J".
According to the footnote, these shares represent dividend equivalent rights that accrued on a restricted stock unit award through a dividend reinvestment feature, with each right economically equivalent to one share of common stock and settled in stock. Following this transaction, Tennican directly beneficially owns 27,995 shares of Four Corners Property Trust common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tennican Elizabeth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 406 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 27,995 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.
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FAQ
What insider activity did FCPT director Elizabeth Tennican report?
Director Elizabeth Tennican reported acquiring 406 shares of Four Corners Property Trust common stock on January 15, 2026, recorded as a non-derivative transaction coded "J".
Is the FCPT Form 4 transaction reported as direct or indirect ownership?
The Form 4 reports direct ownership ("D") for the 27,995 shares of Four Corners Property Trust common stock held by Elizabeth Tennican after the transaction.
What does transaction code "J" mean in this FCPT Form 4?
In this filing, code "J" is used for a non-derivative transaction where dividend equivalent rights accrued on a restricted stock unit award and were settled in common stock.