Four Corners (NYSE: FCPT) CAO gains stock through dividend reinvestment
Rhea-AI Filing Summary
Four Corners Property Trust Chief Accounting Officer Niccole Stewart reported small, stock-based increases in her FCPT holdings. On January 15, 2026, she acquired 171 shares of common stock at $0.00 per share through a transaction coded "J," described as dividend equivalent rights accruing on a restricted stock unit award under a dividend reinvestment feature. After this, she beneficially owned 27,945 common shares directly.
On the same date, she also acquired 108 additional common shares at $0.00 per share, also coded "J," representing dividends that accrued on a restricted stock award through the same reinvestment mechanism. Following this second transaction, her directly held beneficial ownership increased to 28,053 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 171 | $0.00 | -- |
| Other | Common Stock | 108 | $0.00 | -- |
Footnotes (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. Represents dividend that accrued on a restricted stock award pursuant to the dividend reinvestment feature of the award.
FAQ
What insider activity did FCPT Chief Accounting Officer Niccole Stewart report?
Niccole Stewart reported acquiring 171 shares and 108 shares of Four Corners Property Trust (FCPT) common stock on January 15, 2026, both at $0.00 per share, via stock-based awards tied to dividends.
What does transaction code "J" mean in Niccole Stewarts FCPT Form 4?
The transactions are coded "J", which in this case reflect other acquisition events tied to dividend equivalent rights and dividend reinvestment on restricted stock unit and restricted stock awards, not open-market purchases.
What do the FCPT Form 4 footnotes say about these insider transactions?
The footnotes state that 171 shares represent dividend equivalent rights on a restricted stock unit award and 108 shares represent dividends on a restricted stock award, both accruing under a dividend reinvestment feature and settled in common stock.
Does this FCPT Form 4 indicate any change in Niccole Stewarts role or status at the company?
No change in role is indicated. The filing identifies Niccole Stewart as Chief Accounting Officer of Four Corners Property Trust, Inc., with these transactions reflecting routine equity award-related accruals.