STOCK TITAN

Four Corners (NYSE: FCPT) director gets 245 dividend-equivalent shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. director Barbara Angelica Faylona reported an internal equity adjustment involving 245 shares of common stock on a Form 4. These shares reflect dividend equivalent rights that accrued on a restricted stock unit award under a dividend reinvestment feature and are settled in common stock, making this a compensation-related, non-market transaction. Following this adjustment, Faylona directly holds 17,027 shares of common stock.

Positive

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Insider Jesuele Barbara Angelica Faylona
Role Director
Type Security Shares Price Value
Other Common Stock 245 $0.00 --
Holdings After Transaction: Common Stock — 17,027 shares (Direct)
Footnotes (1)
  1. [object Object]
Dividend equivalent shares 245 shares Shares from dividend equivalent rights on RSU award
Shares after transaction 17,027 shares Director’s direct common stock holdings following Form 4 event
Reported restructuring shares 245 shares Classified as restructuringShares in transaction summary
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
"Represents dividend equivalent rights that accrued on a restricted stock unit award..."
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
"...accrued on a restricted stock unit award pursuant to the dividend reinvestment feature of the award."
Form 4 regulatory
"Director Barbara Angelica Faylona reported an internal equity adjustment on a Form 4."
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.
SEC Form 4
FORM 4UNITED 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*
Jesuele Barbara Angelica Faylona

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026J245(1)A(1)17,027D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
/s/ James L. Brat as Attorney-In-Fact for Barbara Jesuele04/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did FCPT director Barbara Angelica Faylona report?

Director Barbara Angelica Faylona reported an internal equity adjustment involving 245 shares of Four Corners Property Trust common stock. These shares arose from dividend equivalent rights on a restricted stock unit award, tied to a dividend reinvestment feature and settled in common stock as compensation.

How many Four Corners Property Trust (FCPT) shares does the director hold after this Form 4?

After the reported transaction, director Barbara Angelica Faylona directly holds 17,027 shares of Four Corners Property Trust common stock. This total includes the 245 shares issued from dividend equivalent rights linked to her restricted stock unit award under the dividend reinvestment feature.

What are dividend equivalent rights in the FCPT Form 4 filing?

Dividend equivalent rights in this FCPT filing are amounts that accrue on a restricted stock unit award when dividends are paid. Each right is economically equal to one share of common stock and is settled in common stock, mirroring the value of regular dividends for the award holder.

Was the FCPT insider transaction a market purchase or sale of shares?

The FCPT insider transaction was not a market purchase or sale. It reflects 245 shares issued as dividend equivalent rights on a restricted stock unit award, credited through a dividend reinvestment feature and settled in common stock as part of the director’s equity compensation.

What does transaction code J mean in Barbara Faylona’s FCPT Form 4?

Transaction code J in Barbara Faylona’s FCPT Form 4 indicates an “other acquisition or disposition” event. Here, it represents 245 shares created from dividend equivalent rights on a restricted stock unit award, an internal equity adjustment rather than an open-market trade in the company’s stock.