FrontView REIT (FVR) CFO awarded 36,081 LTIP Units with 4-year vesting
Rhea-AI Filing Summary
FrontView REIT, Inc. reported an equity award for its Chief Financial Officer, Revol Pierre. On January 15, 2026, he was granted 36,081 LTIP Units of limited partnership interest in FrontView Operating Partnership LP at an exercise price of $0, under the company’s 2024 Omnibus Equity and Incentive Plan and the Operating Partnership’s Partnership Agreement.
The LTIP Units have no expiration date and may, if vesting and other Partnership Agreement conditions are met, be converted into OP Units. Each OP Unit can then be redeemed, at the holder’s election, for cash equal to the fair market value of one share of FrontView REIT common stock or, at the issuer’s election, for one share of common stock. These LTIP Units vest in four equal annual installments of one-quarter each on January 15, 2027, 2028, 2029, and 2030, generally subject to continued service with the company through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units | 36,081 | $0.00 | -- |
Footnotes (1)
- Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to Issuer's 2024 Omnibus Equity and Incentive Plan and the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, dated as of October 3, 2024 (as amended, the "Partnership Agreement"). LTIP Units have no expiration date. Each LTIP Unit may be converted at the election of the Issuer or the holder, into a common unit of limited partnership interest in the Operating Partnership (an "OP Unit") only if the vesting conditions described below and other conditions set forth in the Partnership Agreement are met. Each OP Unit is thereafter redeemable at the election of the holder for cash equal to the then fair market value of one share of the Issuer's common stock (a "Share"), or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement. These LTIP Units vest in equal annual installments as to 1/4 of such LTIP Units on each of January 15, 2027, 2028, 2029, and 2030, subject, generally, to continued service with the Issuer through the applicable date.
FAQ
What insider transaction did FrontView REIT (FVR) disclose in this Form 4?
Who is the reporting person in FrontView REIT (FVR)'s latest Form 4?
How do the LTIP Units reported by FrontView REIT (FVR) vest?
Can the LTIP Units in FrontView REIT (FVR)'s filing be converted into common equity?
Do the LTIP Units granted to the CFO of FrontView REIT (FVR) have an expiration date?
How many LTIP Units does the FrontView REIT (FVR) CFO hold after this transaction?