[Form 4] FrontView REIT, Inc. Insider Trading Activity

Rhea-AI Filing Summary

FrontView REIT (FVR) disclosed an insider transaction on 10/30/2025. Director Ernesto R. Perez reported the conversion of 14,802 OP Units into 14,802 shares of common stock (transaction code M). The resulting common shares were reported as acquired and held indirectly.

Following the transaction, the filing shows 0 OP Units beneficially owned. According to the notes, each OP Unit is redeemable at the holder’s election for cash equal to the fair market value of one common share, or, at the issuer’s election, for one common share; OP Units have no expiration date. The indirect holdings are listed as held by Ernesto R. Perez & Jamie L. Perez ATBE.

Insights

Insider Transactions Analyst

Neutral administrative conversion of OP Units into common stock.

The filing records a code M transaction on 10/30/2025, where 14,802 OP Units were converted into 14,802 common shares. The derivative position shows 0 OP Units remaining afterward, indicating the derivative balance was eliminated.

Footnotes state OP Units can be redeemed for cash equal to one share’s fair market value or, at the issuer’s election, for one share, with no expiration. This entry documents the chosen share settlement and indirect ownership, without implying broader business changes.

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
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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^*

Perez Ernesto

(Last) (First) (Middle)

C/O FRONTVIEW REIT, INC.

3131 MCKINNEY AVE., 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2025

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
Common Stock	10/30/2025		M		14,802	A	(2)	14,802	I	See Footnote(3)
Common Stock								4,737	D

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
OP Units(1)	(2)	10/30/2025		M			14,802	(2)	(2)	Common Stock	14,802	(2)	0	I	See Footnote(3)

Explanation of Responses:

1. Represents units of limited partnership interest in FrontView Operating Partnership LP (the "Operating Partnership") designated as OP Units ("OP Units") under the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, dated as of October 3, 2024 (the "Partnership Agreement").

2. Each OP Unit is 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 (each, a "Share"), or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement. OP Units have no expiration date.

3. Held by Ernesto R. Perez & Jamie L. Perez ATBE.

	/s/ Stephen Preston as Attorney-in-Fact for Ernesto Perez	11/03/2025
	** 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

What insider transaction did FrontView REIT (FVR) report?

A code M conversion of 14,802 OP Units into 14,802 common shares on 10/30/2025.

Who is the reporting person in the FVR Form 4?

Director Ernesto R. Perez, with indirect holdings listed under Ernesto R. Perez & Jamie L. Perez ATBE.

How many OP Units remain after the transaction?

The filing shows 0 OP Units beneficially owned following the reported transaction.

How many FVR common shares were acquired in the conversion?

14,802 common shares were reported as acquired via the OP Unit conversion.

What are OP Units and how can they be redeemed?

Each OP Unit is redeemable for cash equal to one share’s fair market value or, at the issuer’s election, for one common share; they have no expiration.

Was the ownership reported as direct or indirect?

The common shares were reported as indirectly owned.