FCPT director logs 765-share RSU dividend adjustment
Four Corners Property Trust director reports routine equity adjustment tied to RSUs.
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Rhea-AI Filing Summary
Four Corners Property Trust director reports routine equity adjustment tied to RSUs. Director Marran H. Ogilvie recorded an "other" transaction involving 765 shares of common stock on April 15, 2026 at a price of $0.00 per share. A footnote explains these represent dividend equivalent rights that accrued on a restricted stock unit award under its dividend reinvestment feature, with each right economically equal to one share and settled in common stock. Following this adjustment, the director directly holds 60,289 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 765 | $0.00 | $0.00 |
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
Key Terms
dividend equivalent rights financial
restricted stock unit award financial
dividend reinvestment feature financial
FAQ
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What insider transaction did FCPT director Marran H. Ogilvie report?
What are dividend equivalent rights mentioned in the FCPT Form 4?
What does transaction code "J" mean in the FCPT Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.