Four Corners director acquires 41 dividend shares
FCPT director Douglas B. Hansen received 41 additional shares through dividend equivalent rights tied to an existing restricted stock unit award.
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. (FCPT) director Douglas B. Hansen reported an acquisition of 41 shares of common stock on September 15, 2026. The shares represent dividend equivalent rights that accrued on a restricted stock unit award and were settled in common stock, bringing his direct holdings to 86,373 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 41 shares
Other
1 txn
Insider
HANSEN DOUGLAS B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 41 | -- | -- |
Holdings After Transaction:
Common Stock — 86,373 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: 41 shares
Shares owned after transaction: 86,373 shares
Restructuring-related shares: 41 shares
3 metrics
Shares acquired
41 shares
Dividend equivalent rights settled in common stock on September 15, 2026
Shares owned after transaction
86,373 shares
Direct holdings of Douglas B. Hansen following the September 15, 2026 acquisition
Restructuring-related shares
41 shares
Shares tied to an “other” code J acquisition from dividend equivalent rights
Key Terms
dividend equivalent rights, restricted stock unit, 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 financial
"accrued on a restricted stock unit award pursuant to the dividend reinvestment feature"
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FCPT director Douglas B. Hansen report?
Douglas B. Hansen reported an acquisition of 41 shares of Four Corners Property Trust common stock on September 15, 2026, arising from dividend equivalent rights on a restricted stock unit award.
Was a Rule 10b5-1 trading plan involved in this FCPT Form 4 filing?
No. The filing indicates that no Rule 10b5-1 trading plan was affirmed for this transaction; the related checkbox is not marked as being under such a plan.
What transaction code was used for the FCPT insider transaction?
The transaction used code J, described as an “other acquisition or disposition,” reflecting that the 41 shares came from dividend equivalent rights tied to a restricted stock unit award rather than an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.