FVR insider reports 14,802-share acquisition via OP Unit conversion
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.
Positive
- None.
Negative
- None.
Insights
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | OP Units | 14,802 | $0.00 | -- |
| Exercise | Common Stock | 14,802 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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"). 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. Held by Ernesto R. Perez & Jamie L. Perez ATBE.