Director at FrontView REIT (NYSE: FVR) awarded 850 LTIP units

Q: What did FrontView REIT (FVR) report in this Form 4 filing?

FrontView REIT reported that director Fitzgerald Charles received a grant of 850 LTIP Units in its operating partnership. The grant is equity compensation under the 2024 Omnibus Equity and Incentive Plan , with no cash paid by the director for the award.

Q: How many LTIP Units were granted to the FrontView REIT (FVR) director?

The director received 850 LTIP Units of limited partnership interest. Each LTIP Unit is tied to an underlying OP Unit , so the award currently corresponds to 850 OP Units , subject to vesting conditions and potential future conversion and redemption mechanics.

Q: When do the granted LTIP Units at FrontView REIT (FVR) vest?

The LTIP Units generally vest in full on the earlier of the first anniversary of issuance or the day before FrontView REIT’s first annual stockholders’ meeting held at least 50 weeks after issuance, assuming the director continues service through the applicable vesting date.

Q: What are LTIP Units and OP Units in the FrontView REIT (FVR) structure?

LTIP Units are special limited partnership units in the operating partnership that can, once vested, be converted into OP Units . Each OP Unit can then be redeemed for cash equal to one common share’s fair market value or, at the issuer’s election, one share.

Q: How can the FrontView REIT (FVR) director realize value from these LTIP Units?

After vesting, each LTIP Unit may be converted into an OP Unit . Each OP Unit is redeemable for cash equal to the fair market value of one common share or, at FrontView REIT’s election, one share, providing equity-linked economic exposure.

Q: Does this Form 4 show any open-market buying or selling by FrontView REIT (FVR) insiders?

No open-market trades are reported. The Form 4 shows a grant/award acquisition of 850 LTIP Units to a director at no cash cost, reflecting compensation rather than discretionary buying or selling in the market.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FrontView REIT, Inc. director Fitzgerald Charles received a grant of 850 LTIP Units in FrontView Operating Partnership LP as equity compensation. The award was granted at no cash cost under the 2024 Omnibus Equity and Incentive Plan.

These LTIP Units generally vest in full on the earlier of the first anniversary of issuance or the day before the first annual stockholders' meeting held at least 50 weeks after issuance, subject to continued service. Each vested LTIP Unit may be converted into one OP Unit and then redeemed for cash equal to the fair market value of one common share, or, at the issuer’s election, one share. Following this grant, Charles holds 850 LTIP Units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fitzgerald Charles

Role Director

Type	Security	Shares	Price	Value
Grant/Award	LTIP Units	850	$0.00	--

Holdings After Transaction: LTIP Units — 850 shares (Direct)

Footnotes (1)

Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to 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. 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 of the Issuer's common stock (a "Share"), or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement These LTIP Units generally vest in full on the earlier of (i) the first anniversary of the date of issuance and (ii) the day before the Issuer's first annual stockholders' meeting that is held at least 50 weeks following the date of issuance, in either case, subject to continued service with the Issuer through the applicable date.

Key Figures

LTIP Units granted: 850 LTIP Units Underlying OP Units: 850 OP Units Vesting anniversary reference: First anniversary +1 more

4 metrics

LTIP Units granted 850 LTIP Units Grant of LTIP Units on March 31, 2026

Underlying OP Units 850 OP Units Each LTIP Unit corresponds to one OP Unit

Vesting anniversary reference First anniversary Units vest on the first anniversary of issuance if service continues

Alternative vesting timing 50 weeks Earlier vesting if first stockholders’ meeting is held at least 50 weeks after 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" in FrontView Operating Partnership LP"

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 of limited partnership interest in the Operating Partnership (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 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, dated as of October 3, 2024"

redeemable financial

"Each OP Unit is thereafter redeemable at the election of the holder for cash equal to the then fair market value of one share"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 09:14 PM

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^*

Fitzgerald Charles

(Last)

(First)

(Middle)

C/O FRONTVIEW REIT, INC.,

3131 MCKINNEY AVENUE, 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)
03/31/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
LTIP Units⁽¹⁾	⁽²⁾	03/31/2026		A		850		⁽³⁾	⁽¹⁾	OP Units	850	⁽²⁾	850	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 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 of the Issuer's common stock (a "Share"), or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement

3. These LTIP Units generally vest in full on the earlier of (i) the first anniversary of the date of issuance and (ii) the day before the Issuer's first annual stockholders' meeting that is held at least 50 weeks following the date of issuance, in either case, subject to continued service with the Issuer through the applicable date.

	/s/ Stephen Preston as Attorney-in-Fact for Charles Fitzgerald	04/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did FrontView REIT (FVR) report in this Form 4 filing?

FrontView REIT reported that director Fitzgerald Charles received a grant of 850 LTIP Units in its operating partnership. The grant is equity compensation under the 2024 Omnibus Equity and Incentive Plan, with no cash paid by the director for the award.

How many LTIP Units were granted to the FrontView REIT (FVR) director?

The director received 850 LTIP Units of limited partnership interest. Each LTIP Unit is tied to an underlying OP Unit, so the award currently corresponds to 850 OP Units, subject to vesting conditions and potential future conversion and redemption mechanics.

When do the granted LTIP Units at FrontView REIT (FVR) vest?

The LTIP Units generally vest in full on the earlier of the first anniversary of issuance or the day before FrontView REIT’s first annual stockholders’ meeting held at least 50 weeks after issuance, assuming the director continues service through the applicable vesting date.

What are LTIP Units and OP Units in the FrontView REIT (FVR) structure?

LTIP Units are special limited partnership units in the operating partnership that can, once vested, be converted into OP Units. Each OP Unit can then be redeemed for cash equal to one common share’s fair market value or, at the issuer’s election, one share.

How can the FrontView REIT (FVR) director realize value from these LTIP Units?

After vesting, each LTIP Unit may be converted into an OP Unit. Each OP Unit is redeemable for cash equal to the fair market value of one common share or, at FrontView REIT’s election, one share, providing equity-linked economic exposure.

Does this Form 4 show any open-market buying or selling by FrontView REIT (FVR) insiders?

No open-market trades are reported. The Form 4 shows a grant/award acquisition of 850 LTIP Units to a director at no cash cost, reflecting compensation rather than discretionary buying or selling in the market.