Four Corners (NYSE: FCPT) director credited 112 dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Four Corners Property Trust director Douglas B. Hansen reported an "other" transaction on July 15, 2026 involving 112 dividend equivalent rights that accrued on a restricted stock unit award through its dividend reinvestment feature. Each right is economically equivalent to one common share and is settled in stock, bringing his direct holdings to 86,294 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HANSEN DOUGLAS B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 112 | -- | -- |
Holdings After Transaction:
Common Stock — 86,294 shares (Direct)
Footnotes (1)
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Key Figures
Dividend equivalent rights: 112
Shares held after transaction: 86,294
Restructuring shares classified as other: 112
3 metrics
Dividend equivalent rights
112
Rights accrued on a restricted stock unit award through the dividend reinvestment feature
Shares held after transaction
86,294
Direct holdings of Four Corners Property Trust common stock following the reported transaction
Restructuring shares classified as other
112
Shares associated with the J-code "other" transaction in the Form 4 summary
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 insider transaction did FCPT director Douglas B. Hansen report?
Douglas B. Hansen reported 112 dividend equivalent rights tied to a restricted stock unit award. These arose through the award’s dividend reinvestment feature and are each economically equivalent to one share of Four Corners Property Trust common stock, settled in stock rather than cash.
What are the 112 dividend equivalent rights reported for FCPT?
The 112 dividend equivalent rights represent amounts that accrued on a restricted stock unit award under its dividend reinvestment feature. Each right is the economic equivalent of one Four Corners Property Trust common share and is settled in common stock, not in cash.
Was the FCPT insider transaction by Douglas B. Hansen an open-market buy or sell?
No, the reported activity was classified as an "other" transaction under code J, reflecting dividend equivalent rights on a restricted stock unit award. It did not involve an open-market purchase or sale of Four Corners Property Trust shares.