FrontView REIT grants 846 LTIP units to director

FrontView REIT director Elizabeth F. Frank was granted LTIP Units that vest after one year of continued service.

Rhea-AI Filing Summary

FrontView REIT, Inc. (symbol: FVR) is the issuer of record for a Form 4 filing submitted to the SEC. FRANK ELIZABETH F reported acquisition or exercise transactions in this Form 4 filing.

FrontView REIT, Inc. (FVR) reported that director Elizabeth F. Frank received an award of 846 LTIP Units in FrontView Operating Partnership LP on September 15, 2026, under the company’s 2024 Omnibus Equity and Incentive Plan. These LTIP Units vest in full on the first anniversary of issuance, subject to continued service.

Insider Trade Summary

Grant/Award: 846 shares

Grant/Award 1 txn

Insider FRANK ELIZABETH F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	LTIP Units F1, F2, F3	846	--	--

Holdings After Transaction: LTIP Units — 846 contracts (Direct)

Footnotes (3)

1. F1. Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to the 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 (the "Partnership Agreement"). LTIP Units have no expiration date.
2. F2. 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 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, or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement.
3. F3. These LTIP Units vest in full on the first anniversary of the date of issuance subject to continued service with the Issuer through the applicable date.

Key Figures

LTIP Units granted: 846 units LTIP Units held after transaction: 846 units Underlying OP Units: 846 units +1 more

4 metrics

LTIP Units granted 846 units Grant to director Elizabeth F. Frank on September 15, 2026

LTIP Units held after transaction 846 units Direct ownership following the reported grant

Underlying OP Units 846 units Each LTIP Unit corresponds to one OP Unit in the operating partnership

Vesting period 1 year LTIP Units vest in full on the first anniversary of issuance

Key Terms

LTIP Units, OP Unit, 2024 Omnibus Equity and Incentive Plan, Amended and Restated Agreement of Limited Partnership, +1 more

5 terms

LTIP Units financial

"Represents units of limited partnership interest designated as "LTIP Units""

LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.

OP Unit financial

"Each LTIP Unit may be converted ... into a common unit ... (an "OP Unit")"

An op unit is shorthand for an operating unit — a distinct part of a company that runs day-to-day activities, such as manufacturing, sales, or a product line, with its own management and performance metrics. Investors care because each unit’s results show which parts of the business are profitable or struggling, much like checking individual rooms in a house to see where energy or costs are leaking, helping assess growth potential and risk.

2024 Omnibus Equity and Incentive Plan financial

"granted pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan"

Amended and Restated Agreement of Limited Partnership financial

"the Amended and Restated Agreement of Limited Partnership of the Operating Partnership"

fair market value financial

"redeemable ... for cash equal to the then fair market value of one Share"

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FrontView REIT (FVR) report for Elizabeth F. Frank?

FrontView REIT reported that director Elizabeth F. Frank received a grant of 846 LTIP Units of FrontView Operating Partnership LP on September 15, 2026 as an equity award under the company’s 2024 Omnibus Equity and Incentive Plan.

How many LTIP Units were granted in this Form 4 for FVR?

The Form 4 reports a grant of 846 LTIP Units, with 846 LTIP Units held directly by the reporting person following the transaction, all relating to underlying 846 OP Units in the operating partnership.

When do the LTIP Units granted to the FrontView REIT director vest?

The filing states that these LTIP Units vest in full on the first anniversary of the date of issuance, subject to continued service with FrontView REIT through that vesting date.

Do the LTIP Units in FVR’s Form 4 have an expiration date?

The footnotes explain that the reported LTIP Units have no expiration date. They are units of limited partnership interest in FrontView Operating Partnership LP granted pursuant to the 2024 Omnibus Equity and Incentive Plan and the partnership agreement.

Can the LTIP Units reported for FVR be converted or redeemed for FrontView REIT shares?

Each LTIP Unit may be converted, if vesting conditions are met, into an OP Unit. Each OP Unit is then redeemable for cash equal to the fair market value of one share or, at FrontView REIT’s election, one share, subject to adjustment under the partnership agreement.

Was this FVR insider grant made under a Rule 10b5-1 trading plan?

The filing shows the Rule 10b5-1 plan affirmation box as not checked, and there is no footnote stating that this LTIP Unit grant was made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 04:32 PM Accepted by SEC EDGAR 09/16/2026 - 04:31 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FRANK ELIZABETH F

(Last) (First) (Middle)

C/O FRONTVIEW REIT, INC.

3131 MCKINNEY AVE., SUITE L10

(Street)

DALLAS TEXAS 75204

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FrontView REIT, Inc. [ FVR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
LTIP Units(1)	(2)	09/15/2026		A		846		(3)	(1)	OP Units	846	(2)	846	D

Explanation of Responses:

1. Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to the 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 (the "Partnership Agreement"). LTIP Units have no expiration date.

2. 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 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, or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement.

3. These LTIP Units vest in full on the first anniversary of the date of issuance subject to continued service with the Issuer through the applicable date.

	/s/ Stephen Preston as Attorney-in-Fact for Elizabeth Frank	09/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)