Four Corners director acquires 309 dividend shares
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. (FCPT) director Marran H. Ogilvie reported an acquisition of 309 shares of common stock on September 15, 2026, from dividend equivalent rights that accrued on a restricted stock unit award under its dividend reinvestment feature. After this transaction, Ogilvie directly holds 66,955 shares of FCPT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 309 shares
Other
1 txn
Insider
Ogilvie Marran H.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 309 | -- | -- |
Holdings After Transaction:
Common Stock — 66,955 shares (Direct)
Footnotes (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: 309 shares
Shares held after transaction: 66,955 shares
Transaction date: September 15, 2026
3 metrics
Shares acquired
309 shares
Dividend equivalent rights on restricted stock unit award, September 15, 2026
Shares held after transaction
66,955 shares
Direct holdings of Marran H. Ogilvie after Form 4 transaction
Transaction date
September 15, 2026
Date dividend equivalent rights were credited as common stock
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"
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 did FCPT director Marran H. Ogilvie report?
Marran H. Ogilvie reported acquiring 309 shares of Four Corners Property Trust common stock on September 15, 2026. The shares came from dividend equivalent rights that accrued on a restricted stock unit award and are settled in common stock.
Was the FCPT insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked as affirming a trading plan, and there is no footnote stating that the September 15, 2026 transaction was made under such a plan.
What transaction code was used for Marran H. Ogilvie’s FCPT filing?
The transaction used code J, described as “Other acquisition or disposition.” In this case, it reflects the acquisition of shares through dividend equivalent rights tied to a restricted stock unit award.
AI-generated analysis. How Rhea-AI works. Not financial advice.