STOCK TITAN

807 LTIP units awarded to FrontView REIT (FVR) director Elizabeth Frank

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

Rhea-AI Filing Summary

FrontView REIT, Inc. director Elizabeth F. Frank received a grant of 807 LTIP Units in FrontView Operating Partnership LP. The award was made at a price of $0.00 per unit under the company’s 2024 Omnibus Equity and Incentive Plan and the Operating Partnership’s amended partnership agreement.

The LTIP Units vest in full on the earlier of the first anniversary of the grant date or the day before the company’s first annual stockholders’ meeting held at least 50 weeks after grant, subject to her continued service. Each vested LTIP Unit may be converted into an OP Unit, which can then be redeemed for cash equal to the fair market value of one common share or, at the company’s election, one common share itself. The LTIP Units have no expiration date, and following this grant she holds 807 LTIP Units directly.

Positive

  • None.

Negative

  • None.
Insider FRANK ELIZABETH F
Role null
Type Security Shares Price Value
Grant/Award LTIP Units 807 $0.00 --
Holdings After Transaction: LTIP Units — 807 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 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, 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 807 units Grant of LTIP Units to director on 2026-06-15
Grant price per LTIP Unit $0.00 per unit Award under 2024 Omnibus Equity and Incentive Plan
Underlying OP Units 807 units Each LTIP Unit corresponds to one OP Unit upon conversion
Total LTIP Units after grant 807 units Director’s LTIP Unit holdings following this transaction
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 the 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"
vesting conditions financial
"only if the vesting conditions described below are met"
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
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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*
FRANK ELIZABETH F

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
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)06/15/2026A807 (3) (1)OP Units807(2)807D
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 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, 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 Elizabeth F. Frank06/17/2026
** 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 did FrontView REIT (FVR) director Elizabeth F. Frank report on this Form 4?

Elizabeth F. Frank reported receiving a grant of 807 LTIP Units in FrontView Operating Partnership LP at a price of $0.00 per unit. The grant was issued under FrontView REIT’s 2024 Omnibus Equity and Incentive Plan as part of her director compensation.

What are the key terms of the 807 LTIP Units granted by FrontView REIT (FVR)?

The 807 LTIP Units are units of limited partnership interest in FrontView Operating Partnership LP with no expiration date. They were granted at $0.00 per unit and are governed by the 2024 Omnibus Equity and Incentive Plan and the Operating Partnership’s amended partnership agreement.

When do Elizabeth F. Frank’s 807 LTIP Units from FrontView REIT (FVR) vest?

The 807 LTIP Units vest in full on the earlier of the first anniversary of the grant date or the day before FrontView REIT’s first annual stockholders’ meeting held at least 50 weeks after issuance, provided she continues to serve the company through the applicable vesting date.

How can the LTIP Units granted by FrontView REIT (FVR) be converted or redeemed?

Each LTIP Unit may be converted, at the election of FrontView REIT or the holder, into one OP Unit after vesting conditions are met. Each OP Unit is redeemable for cash equal to the fair market value of one common share or, at the issuer’s election, one common share.

How many LTIP Units does Elizabeth F. Frank hold in FrontView REIT (FVR) after this transaction?

After this grant, Elizabeth F. Frank holds a total of 807 LTIP Units directly. These represent her reported LTIP Unit holdings following the award described in the Form 4, all subject to the vesting and conversion terms outlined in the governing plan documents.