Four Corners director acquires 118 shares via dividends
FCPT director increased her direct holdings via dividend-equivalent rights credited on existing RSUs, not through an open-market trade.
Rhea-AI Filing Summary
Four Corners Property Trust, Inc. (FCPT) director Barbara Angelica Faylona Jesuele reported an acquisition of 118 shares of common stock equivalents on September 15, 2026. These arose as dividend equivalent rights accruing on a restricted stock unit award through its dividend reinvestment feature, bringing her direct holdings to 22,800 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 118 shares
Other
1 txn
Insider
Jesuele Barbara Angelica Faylona
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 118 | -- | -- |
Holdings After Transaction:
Common Stock — 22,800 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: 118 shares
Total direct holdings after transaction: 22,800 shares
Economic equivalence of dividend equivalent rights: 1 share per right
+1 more
4 metrics
Shares acquired
118 shares
Dividend equivalent rights credited on September 15, 2026
Total direct holdings after transaction
22,800 shares
Common stock directly owned by the director after the Form 4 transaction
Economic equivalence of dividend equivalent rights
1 share per right
Each dividend equivalent right is the economic equivalent of one share of common stock
Transaction date
September 15, 2026
Date dividend equivalent rights accrued on the restricted stock unit award
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 Barbara Angelica Faylona Jesuele report?
She reported an acquisition of 118 shares of Four Corners Property Trust common stock equivalents on September 15, 2026, arising from dividend equivalent rights on a restricted stock unit award.
Was the FCPT insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the transaction is not reported as occurring under a Rule 10b5-1 trading plan.
What are dividend equivalent rights in the context of FCPT’s Form 4?
Dividend equivalent rights are described as the economic equivalent of one share of FCPT common stock for each right, accruing on a restricted stock unit award and settled in common stock through a dividend reinvestment feature.
AI-generated analysis. How Rhea-AI works. Not financial advice.