FrontView COO exercises 5,592 RSUs into shares
FrontView REIT, Inc. Chief Operating Officer Ireland Drew exercised restricted stock units into common shares as part of her compensation.
Rhea-AI Filing Summary
FrontView REIT, Inc. Chief Operating Officer Ireland Drew exercised restricted stock units into common shares as part of her compensation. She converted 5,592 restricted stock units into 5,592 shares of common stock on March 31, 2026. To cover tax obligations, 1,362 of these shares were withheld at a price of $15.47 per share rather than sold in the open market. After these transactions, she directly holds 19,941 shares of FrontView REIT common stock. The RSUs come from a 22,371-unit grant made on March 31, 2025 that vests in four equal annual installments through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,592 shares exercised/converted
Exercise
3 txns
Insider
Ireland Drew
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,592 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,592 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,362 | $15.47 | $21K |
Holdings After Transaction:
Restricted Stock Units — 16,779 contracts (Direct);
Common Stock — 19,941 shares (Direct)
Footnotes (3)
- F1. Restricted stock units ("RSUs") represent a contingent right to receive shares of the Issuer's common stock ("Shares") on a one-for-one basis, pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan.
- F2. On March 31, 2025, the Reporting Person was granted 22,371 RSUs, vesting in equal annual installments as to 1/4 of the RSUs on each of March 31, 2026, 2027, 2028 and 2029, subject to continued service with the Issuer through the applicable date.
- F3. Due to administrative error, the Form 4 filed by the Reporting Person with the U.S. Securities and Exchange Commission on October 7, 2025 reflected a disposition of 2,654 Shares by the Reporting Person on October 4, 2025, rather than the 2,564 Shares actually disposed of by the Reporting Person on such date (i.e., a difference of 90 Shares). This total number includes such Shares, which are still held by the Reporting Person.
Key Figures
RSUs exercised: 5,592 units
Shares received from RSUs: 5,592 shares
Shares withheld for taxes: 1,362 shares
+5 more
8 metrics
RSUs exercised
5,592 units
Restricted stock units converted to common stock on March 31, 2026
Shares received from RSUs
5,592 shares
Common stock issued upon RSU settlement on March 31, 2026
Shares withheld for taxes
1,362 shares
Tax-withholding disposition at $15.47 per share
Tax-withholding price
$15.47 per share
Price applied to 1,362 shares used for tax obligations
Shares held after transactions
19,941 shares
Direct common stock ownership following March 31, 2026 transactions
Original RSU grant
22,371 units
Grant dated March 31, 2025 under 2024 Omnibus Equity and Incentive Plan
RSU vesting schedule
1/4 annually 2026-2029
Equal annual installments on March 31, 2026–2029
Prior reporting difference
90 shares
Difference between 2,654 and 2,564 shares in earlier filing now corrected
Key Terms
Restricted stock units, contingent right, Omnibus Equity and Incentive Plan, tax-withholding disposition, +1 more
5 terms
Restricted stock units financial
"Restricted stock units ("RSUs") represent a contingent right to receive shares..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"RSUs represent a contingent right to receive shares of the Issuer's common stock..."
Omnibus Equity and Incentive Plan financial
"pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan."
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting financial
"vests in equal annual installments as to 1/4 of the RSUs on each of March 31, 2026, 2027, 2028 and 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did FrontView REIT (FVR) COO Ireland Drew report in this Form 4?
Ireland Drew reported exercising 5,592 restricted stock units into common shares. As part of the same event, 1,362 shares were withheld to satisfy tax obligations, and she ended the transactions with 19,941 FrontView REIT common shares held directly.
What are the details of the restricted stock unit grant reported for FrontView REIT (FVR)?
On March 31, 2025, Ireland Drew was granted 22,371 restricted stock units under FrontView REIT’s 2024 Omnibus Equity and Incentive Plan. These units vest in four equal annual installments on March 31 of 2026, 2027, 2028, and 2029, subject to her continued service.
What does the tax-withholding disposition in the FrontView REIT (FVR) filing mean?
The tax-withholding disposition reflects 1,362 shares used to pay taxes owed when restricted stock units vested. These shares were withheld at $15.47 per share, indicating a non-market mechanism to satisfy tax obligations tied to the RSU settlement event.
How are the FrontView REIT (FVR) COO’s RSUs structured over time?
The 22,371 restricted stock units granted on March 31, 2025 vest in four equal annual tranches. One-quarter vests on each March 31 from 2026 through 2029, conditioned on Ireland Drew’s continued service with FrontView REIT through each applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
