Four Corners director gains 34 dividend-equivalent shares

Four Corners Property Trust, Inc. (FCPT) reported that a director, identified as the reporting person, received an automatic stock-based accrual tied to an existing equity award.

Rhea-AI Filing Summary

Four Corners Property Trust, Inc. (FCPT) reported that a director, identified as the reporting person, received an automatic stock-based accrual tied to an existing equity award. On 2026-08-17, the reporting person acquired 34 shares of common stock at $0.00 per share as dividend equivalent rights accruing on a restricted stock unit award under its dividend reinvestment feature. Following this grant, the reporting person directly holds 7,042 shares of FCPT common stock.

Insider Trade Summary

Grant/Award: 34 shares

Grant/Award 1 txn

Insider Friedland Michael Lawrence

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	34	$0.00	$0.00

Holdings After Transaction: Common Stock — 7,042 shares (Direct)

Footnotes (1)

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.

Key Figures

Shares acquired: 34 shares Transaction price per share: $0.00 per share Total shares after transaction: 7,042 shares

3 metrics

Shares acquired 34 shares Dividend equivalent rights settled in common stock on 2026-08-17

Transaction price per share $0.00 per share Grant/award acquisition of dividend equivalent rights

Total shares after transaction 7,042 shares Director’s direct holdings of FCPT common stock following the award

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

"dividend equivalent rights that accrued on a restricted stock unit award"

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction was reported at Four Corners Property Trust, Inc. (FCPT)?

A director received 34 shares of FCPT common stock on 2026-08-17 as dividend equivalent rights on a restricted stock unit award, increasing the director’s direct holdings to 7,042 shares.

Was the FCPT insider transaction a purchase or a sale of stock?

The FCPT insider transaction was an acquisition, coded as a grant or award (code A), not an open-market purchase or sale. It reflects dividend equivalent rights credited in stock rather than cash.

How many FCPT shares does the reporting person hold after this Form 4 transaction?

After the reported transaction, the director directly holds 7,042 shares of Four Corners Property Trust, Inc. common stock. This total includes the newly granted 34 dividend equivalent shares from the August 17, 2026 award adjustment.

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

Dividend equivalent rights are stated as the economic equivalent of one FCPT share each and are settled in common stock. They accrued on a restricted stock unit award pursuant to the award’s dividend reinvestment feature rather than being paid in cash.

Did the FCPT director pay anything for the 34 shares received?

No, the 34 FCPT shares were recorded at a price of $0.00 per share. They represent stock-based dividend equivalents reinvested into common shares under the terms of a restricted stock unit award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/19/2026 - 05:10 PM Accepted by SEC EDGAR 08/19/2026 - 05:10 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Friedland Michael Lawrence

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/17/2026		A		34(1)	A	$0(1)	7,042	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Michael Friedland	08/19/2026
	** Signature of Reporting Person	Date
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)