FrontView REIT grants 705 incentive units to director
A FrontView REIT director received 705 LTIP Units that can later convert into OP Units redeemable for cash or common shares.
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Rhea-AI Filing Summary
FrontView REIT, Inc. (FVR) reported that director Fitzgerald Charles received a grant of 705 LTIP Units in FrontView Operating Partnership LP on September 15, 2026 under the 2024 Omnibus Equity and Incentive Plan. These LTIP Units vest in full on the first anniversary of issuance, subject to continued service, and may convert into an equal number of OP Units, which are then redeemable for cash or, at the issuer’s election, common shares. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units F1, F2, F3 | 705 | -- | -- |
Footnotes (3)
- 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.
- 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.
- 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
Key Terms
LTIP Units financial
OP Unit financial
2024 Omnibus Equity and Incentive Plan financial
Amended and Restated Agreement of Limited Partnership financial
fair market value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did FrontView REIT (FVR) grant to director Fitzgerald Charles?
How do the LTIP Units granted by FVR to the director work?
When do the FVR director’s 705 LTIP Units vest?
Do the LTIP Units granted by FrontView REIT have an expiration date?
Was the FVR director’s LTIP Unit award made under a Rule 10b5-1 plan?
What underlying interest do the 705 LTIP Units in FVR represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.