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FrontView REIT (FVR) grants COO 20,394 LTIP units in partnership

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

Rhea-AI Filing Summary

FrontView REIT, Inc. reported an equity award to its Chief Operating Officer, Drew Ireland. The filing shows a grant of 20,394 LTIP Units in FrontView Operating Partnership LP under the company’s 2024 Omnibus Equity and Incentive Plan, at a price of $0 per unit.

Each LTIP Unit has no expiration date and can be converted, if vesting and other conditions are met, into an OP Unit, which can then be redeemed for either cash equal to the fair market value of one common share or one share of FrontView REIT common stock, at the issuer’s election. These LTIP Units vest in four equal annual installments, each covering one quarter of the grant, on January 15 of 2027, 2028, 2029, and 2030, generally contingent on continued service with the company.

Positive

  • None.

Negative

  • None.
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*
Ireland Drew

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026
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
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
LTIP Units(1) (2) 01/15/2025 A 20,394 (3) (1) OP Units 20,394 $0 20,394 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 (as amended, 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 and other conditions set forth in the Partnership Agreement 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 vest in equal annual installments as to 1/4 of such LTIP Units on each of January 15, 2027, 2028, 2029, and 2030, subject, generally, to continued service with the Issuer through the applicable date.
/s/ Stephen Preston as Attorney-in-Fact for Drew Ireland 01/20/2026
** 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.

FAQ

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

The filing reports that Chief Operating Officer Drew Ireland received an equity award of 20,394 LTIP Units in FrontView Operating Partnership LP at a price of $0 per unit.

Who is the insider involved in this FrontView REIT (FVR) Form 4?

The reporting person is Drew Ireland, who serves as Chief Operating Officer of FrontView REIT, Inc.

What are LTIP Units in the FrontView Operating Partnership?

LTIP Units are units of limited partnership interest in FrontView Operating Partnership LP granted under the 2024 Omnibus Equity and Incentive Plan. They have no expiration date and may be converted into OP Units if vesting and other conditions in the Partnership Agreement are satisfied.

How many LTIP Units were granted to Drew Ireland and at what price?

Drew Ireland was granted 20,394 LTIP Units, with a stated price of $0 per unit. After this grant, he beneficially owns 20,394 derivative securities directly.

What is the vesting schedule for Drew Ireland’s LTIP Units at FrontView REIT (FVR)?

The 20,394 LTIP Units vest in four equal annual installments, each covering one quarter of the units, on January 15, 2027, January 15, 2028, January 15, 2029, and January 15, 2030, generally subject to continued service with the issuer.

How can these LTIP Units ultimately relate to FrontView REIT common stock?

Each LTIP Unit may be converted, once vested and subject to the Partnership Agreement conditions, into an OP Unit. Each OP Unit is redeemable at the holder’s election for cash equal to the fair market value of one share of FrontView REIT common stock, or, at the issuer’s election, for one share of common stock, subject to adjustment provisions.

FrontView REIT, Inc.

NYSE:FVR

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2.27%
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