FrontView REIT Insider Filing: CFO Pierre Revol Receives Equity Grant

Rhea-AI Filing Summary

FrontView REIT (FVR) Form 4: CFO Pierre Revol received a grant of 95,199 restricted stock units (RSUs) on 21 Jul 2025 under the 2024 Omnibus Equity & Incentive Plan. Each RSU converts into one common share and vests 25 % annually on 21 Jul 2026, 2027, 2028 and 2029, conditioned on continued employment. The filing shows no open-market buying or selling; transaction price is $0, confirming the award is compensation, not investment. After the transaction Revol beneficially owns 95,199 derivative securities, all held directly. The disclosure is routine executive equity compensation, signaling incentive alignment but introducing a modest potential dilution for existing shareholders.

Positive

• Incentive alignment: Long-term RSU vesting links CFO compensation directly to FrontView REIT share performance.
• Retention benefit: Four-year vesting schedule encourages executive stability during the REIT’s growth phase.

Negative

• Dilution risk: 95,199 new shares may be issued, marginally diluting existing shareholders.
• No cash purchase: Grant lacks the confidence signal typically associated with insider buying on the open market.

Insights

Securities Analyst

TL;DR: Routine RSU grant to CFO; aligns incentives, negligible dilution, neutral market impact.

The grant of 95,199 RSUs—vesting equally over four years—ties the CFO’s rewards to share performance and encourages retention. Because the award is stock-settled at no cost, it slightly enlarges the future share count, yet the size is immaterial relative to typical REIT float. Absence of cash purchases means no additional confidence signal. Overall, the filing is standard compensation disclosure with limited valuation effect; investors should monitor cumulative equity issuance but need not adjust models materially.

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).

1. Name and Address of Reporting Person^*

Revol Pierre

(Last) (First) (Middle)

C/O FRONTVIEW REIT, INC.

3131 MCKINNEY AVENUE, SUITE L10

(Street)

DALLAS TX 75204

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025

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

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

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

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
Restricted Stock Units(1)	(1)	07/21/2025		A		95,199		(1)	(1)	Common Stock	95,199	$0	95,199	D

Explanation of Responses:

1. Represents a grant of time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of the Issuer's common stock on a one-for-one basis, pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan. The RSUs generally vest in equal annual installments as to 1/4 of the RSUs on each of July 21, 2026, 2027, 2028, and 2029, subject to continued service with the Issuer through the applicable date.

	/s/ Pierre Revol	07/23/2025
	** 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.

FAQ

How many RSUs did FVR's CFO receive?

Pierre Revol was granted 95,199 restricted stock units on 21 Jul 2025.

When will the RSUs granted to FVR's CFO vest?

They vest in four equal installments on July 21 of 2026, 2027, 2028 and 2029.

Did the CFO of FrontView REIT buy or sell shares for cash?

No. The Form 4 shows a compensation grant at $0 price; no open-market transactions occurred.

What is the impact of the RSU grant on FVR share count?

If fully settled in stock, the grant could add 95,199 new shares, causing minor dilution.

What is the CFO's total beneficial ownership after this filing?

Following the transaction, Revol reports beneficial ownership of 95,199 derivative securities (RSUs) held directly.