FVR director discloses 944,064 common shares and $30M preferred
Rhea-AI Filing Summary
FrontView REIT, Inc. (FVR) reported initial insider holdings for a director and 10% owner as of 11/13/2025. The reporting person indirectly holds 944,064 shares of common stock through Maewyn FVR LP, over which Mr. Charles P. Fitzgerald has voting and dispositive control, while disclaiming beneficial ownership beyond any pecuniary interest. In addition, the reporting persons have an obligation to purchase 300,000 shares of Series A Convertible Preferred Stock at $100.00 per share, for an aggregate purchase price of $30,000,000, in one or more issuances that must start within 90 days and can continue until November 12, 2026. This preferred stock is convertible into 1,764,705 shares of common stock based on a 5.88235 conversion ratio, with conversion at the election of the reporting persons or, in certain circumstances, at the election of the issuer, and is subject to specified issuer redemption rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | SERIES A CONVERTIBLE PREFERRED STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (1)
- Mr. Fitzgerald has voting and dispositive control over these securities, but disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein. Represents the obligation of the reporting persons to acquire 300,000 shares of Series A Convertible Preferred Stock ("Preferred Stock") at a per share price of $100.00 per share and an aggregate purchase price of $30,000,000, in one or more series of issuances that must commence within 90 days and can continue until November 12, 2026. The Preferred Stock is convertible into common stock, based on a conversion ratio of 5.88235 resulting in 1,764,705 shares of common stock issuable upon conversion of the Preferred Stock (subject to specified anti-dilution adjustments), which conversion can occur at the election of the reporting persons at any time or in certain specified circumstances at the election of the Issuer. The Preferred Stock does not have an expiration date, but is subject to certain specified redemption rights of the Issuer.
