Four Corners (NYSE: FCPT) director now owns 86,332 shares
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. (FCPT) director Douglas B. Hansen reported an acquisition of 38 shares of common stock on August 17, 2026. The shares represent dividend equivalent rights that accrued on a restricted stock unit award under its dividend reinvestment feature and are settled in common stock. Following this accrual, Hansen directly holds 86,332 shares of FCPT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 38 shares
Net Buy
1 txn
Insider
HANSEN DOUGLAS B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 38 | -- | -- |
Holdings After Transaction:
Common Stock — 86,332 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: 38 shares
Shares owned after transaction: 86,332 shares
Restructuring-designated shares: 38 shares
3 metrics
Shares acquired
38 shares
Dividend equivalent rights on restricted stock unit award accrued August 17, 2026
Shares owned after transaction
86,332 shares
Direct ownership of FCPT common stock following the reported acquisition
Restructuring-designated shares
38 shares
Shares classified in summary as restructuring-related for code J transaction
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
"rights that accrued on a restricted stock unit award pursuant to the dividend"
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
What transaction did FCPT director Douglas B. Hansen report on this Form 4?
Douglas B. Hansen reported acquiring 38 shares of Four Corners Property Trust, Inc. (FCPT) common stock. These arose from dividend equivalent rights tied to a restricted stock unit award with a dividend reinvestment feature and were settled in common stock.
Was Douglas B. Hansen’s FCPT transaction a market purchase or sale?
The filing characterizes the transaction as an other acquisition (code J), not a market purchase or sale. It reflects dividend equivalent rights accruing on a restricted stock unit award rather than an open-market trade.
Does this FCPT Form 4 indicate use of a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this transaction. The acquisition results from award-related dividend equivalent rights, not from a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
