FCPT director credited 409 dividend-equivalent shares

Four Corners Property Trust director Elizabeth Tennican reported a small, non-market equity adjustment tied to her compensation.

Rhea-AI Filing Summary

Four Corners Property Trust director Elizabeth Tennican reported a small, non-market equity adjustment tied to her compensation. On the reported date, 409 shares of common stock were credited to her through dividend equivalent rights attached to a restricted stock unit award, at a stated price of $0.0000 per share. These dividend equivalents mirror cash dividends by delivering additional shares instead of cash. Following this transaction, she directly holds 28,404 shares of Four Corners Property Trust common stock.

Insider Trade Summary

Other: 409 shares

Other 1 txn

Insider Tennican Elizabeth

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	409	$0.00	$0.00

Holdings After Transaction: Common Stock — 28,404 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 in transaction: 409 shares Transaction price per share: $0.0000 per share Shares held after transaction: 28,404 shares +1 more

4 metrics

Shares in transaction 409 shares Dividend equivalent rights credited on restricted stock unit award

Transaction price per share $0.0000 per share Stated price for credited dividend equivalent shares

Shares held after transaction 28,404 shares Total direct holdings following 409-share adjustment

Transaction date 2026-04-15 Date of the reported Form 4 transaction

Key Terms

dividend equivalent rights, restricted stock unit, dividend reinvestment feature, economic equivalent

4 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 financial

"accrued on a restricted stock unit award pursuant to the dividend reinvestment"

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

"pursuant to the dividend reinvestment feature of the award"

economic equivalent financial

"Each dividend equivalent right is the economic equivalent of one share"

FAQ

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

What did FCPT director Elizabeth Tennican report in this Form 4?

Elizabeth Tennican reported an "other" transaction involving 409 shares of Four Corners Property Trust common stock. These shares came from dividend equivalent rights linked to a restricted stock unit award, rather than from open-market buying or selling activity.

How many FCPT shares were involved in Tennican's latest insider transaction?

The filing shows 409 shares of Four Corners Property Trust common stock affected by the transaction. These shares represent dividend equivalent rights credited under a restricted stock unit award, reflecting reinvested dividends instead of cash payments.

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

Dividend equivalent rights in this filing are credits that accrue on a restricted stock unit award when Four Corners Property Trust pays dividends. Each right equals one share of common stock and is settled in stock instead of cash, effectively reinvesting dividends.

Did Tennican buy or sell FCPT shares on the open market in this Form 4?

No open-market purchase or sale is reported. The Form 4 lists an "other" transaction where 409 shares were credited as dividend equivalent rights on a restricted stock unit award, rather than through discretionary trading in Four Corners Property Trust shares.

How many FCPT shares does Elizabeth Tennican hold after this transaction?

After the reported transaction, Tennican directly holds 28,404 shares of Four Corners Property Trust common stock. This total reflects the addition of 409 shares credited as dividend equivalent rights tied to a restricted stock unit compensation award.

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

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Accepted by SEC EDGAR 04/17/2026 - 04:30 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^*

Tennican Elizabeth

(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)
04/15/2026

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	04/15/2026		J		409(1)	A	(1)	28,404	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 Elizabeth Tennican	04/17/2026
	** 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)