STOCK TITAN

FrontView REIT (FVR) director awarded 5,311 LTIP incentive units tied to OP Units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FrontView REIT, Inc. director Timothy McHugh reported a compensation-related equity award. He received 5,311 LTIP Units of limited partnership interest in FrontView Operating Partnership LP at a reported price of $0.00 per unit, bringing his directly held LTIP Units to 5,311.

Each LTIP Unit is designed to convert into one OP Unit if specified vesting conditions are met, and each OP Unit can then be redeemed for cash equal to the fair market value of one common share or, at the issuer’s election, one common share. The LTIP Units have no expiration date and vest in full on the earlier of the first anniversary of issuance or the day before the company’s first annual stockholders’ meeting held at least 50 weeks after issuance, subject to McHugh’s continued service with the company.

Positive

  • None.

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Insider McHugh Timothy
Role null
Type Security Shares Price Value
Grant/Award LTIP Units 5,311 $0.00 --
Holdings After Transaction: LTIP Units — 5,311 shares (Direct, null)
Footnotes (1)
  1. Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to the Equity 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, or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement. These LTIP Units 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.
LTIP Units granted 5,311 units Award of LTIP Units to director on transaction date
Price per LTIP Unit $0.00 per unit Reported transaction price for LTIP Unit grant
LTIP Units held after grant 5,311 units Total LTIP Units directly owned following transaction
Underlying OP Units 5,311 units Each LTIP Unit tied to one OP Unit upon conversion
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 ... (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.
FrontView Operating Partnership LP financial
"LTIP Units ... in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to the Equity Plan"
Equity Plan financial
"granted pursuant to the Equity Plan and the Amended and Restated Agreement of Limited Partnership"
An equity plan is a company program that gives employees, executives or directors a stake in the business through stock, stock options or similar ownership awards, like handing out slices of a pie to people who help bake it. It matters to investors because these grants can motivate key personnel and align their interests with shareholders, but they also increase the number of shares over time and can dilute existing ownership and affect reported earnings.
Partnership Agreement financial
"subject to adjustment as set forth in the Partnership Agreement"
A partnership agreement is a written contract that lays out how two or more parties will work together, splitting responsibilities, profits, losses and decision-making. Think of it as a detailed roadmap or house rulebook for a joint project; it matters to investors because the terms determine how much revenue and risk a company will take on, how quickly it can act, and whether the partnership could dilute control or boost growth potential.
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SEC Form 4
FORM 4UNITED 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*
McHugh Timothy

(Last)(First)(Middle)
C/O FRONTVIEW REIT, INC.
3131 MCKINNEY AVE., 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
LTIP Units(1)(2)06/01/2026A5,311 (3) (1)OP Units5,311(2)5,311D
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 the Equity 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, or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement.
3. These LTIP Units 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 Timothy McHugh06/01/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did FrontView REIT (FVR) director Timothy McHugh report?

Director Timothy McHugh reported receiving an award of 5,311 LTIP Units in FrontView Operating Partnership LP. These units were granted at a stated price of $0.00 per unit as part of his equity-based compensation arrangement with FrontView REIT.

How many LTIP Units does Timothy McHugh hold after this Form 4 for FVR?

After this transaction, Timothy McHugh holds 5,311 LTIP Units directly. The filing shows this entire amount results from the new grant, indicating these units represent his reported LTIP Unit position following the award on the stated transaction date.

What are LTIP Units reported in the FrontView REIT (FVR) Form 4?

LTIP Units are units of limited partnership interest in FrontView Operating Partnership LP granted under the company’s Equity Plan and partnership agreement. They represent a form of long-term incentive compensation linked to the issuer’s common equity value and partnership structure.

When do Timothy McHugh’s LTIP Units in FrontView REIT (FVR) vest?

The LTIP Units 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, provided McHugh continues to serve the company through that applicable vesting date.

How can the LTIP Units reported for FrontView REIT (FVR) be converted or redeemed?

Each LTIP Unit may convert into one OP Unit once vesting conditions are met. Each OP Unit is then redeemable either for cash equal to the fair market value of one common share or, at FrontView REIT’s election, one common share, as described in the partnership agreement.