Director Barbara Jesuele of FCPT (NYSE: FCPT) gains 243 shares via dividend rights
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. director Barbara Jesuele reported an automatic increase in her shareholdings through dividend equivalents. On 01/15/2026, she acquired 243 shares of common stock at no cash cost, labeled as a code "J" transaction. According to the footnote, these shares represent dividend equivalent rights that accrued on a restricted stock unit award under a dividend reinvestment feature, with each right economically equivalent to one share and settled in common stock. Following this transaction, Jesuele directly beneficially owned 16,782 shares of Four Corners Property Trust common stock.
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FAQ
What insider transaction did FCPT director Barbara Jesuele report?
Director Barbara Jesuele reported acquiring 243 shares of Four Corners Property Trust, Inc. common stock on 01/15/2026 in a Form 4 filing.
How did Barbara Jesuele acquire the 243 FCPT shares reported on Form 4?
The 243 shares represent dividend equivalent rights that accrued on a restricted stock unit award under a dividend reinvestment feature and are settled in common stock.
What does transaction code "J" mean in Barbara Jesuele’s FCPT Form 4?
Transaction code "J" indicates other acquisition of securities; here it reflects automatic accrual of dividend equivalent rights tied to a restricted stock unit award.
How many Four Corners Property Trust (FCPT) shares does Barbara Jesuele own after this transaction?
After the reported transaction, Barbara Jesuele beneficially owned 16,782 shares of Four Corners Property Trust, Inc. common stock directly.
Did Barbara Jesuele pay cash for the 243 FCPT shares reported?
No cash was paid; the 243 shares arose from dividend equivalent rights linked to an existing restricted stock unit award, with a reported price per share of $0.0000.
Is the FCPT Form 4 transaction a direct or indirect holding for Barbara Jesuele?
The Form 4 shows the holdings as direct ownership, with 16,782 shares of common stock held directly after the transaction.