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FrontView REIT (FVR) COO vests 5,592 RSUs; 1,362 shares withheld

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

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 Ireland Drew
Role Chief Operating Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 5,592 $0.00 --
Exercise Common Stock 5,592 $0.00 --
Tax Withholding Common Stock 1,362 $15.47 $21K
Holdings After Transaction: Restricted Stock Units — 16,779 shares (Direct); Common Stock — 21,213 shares (Direct)
Footnotes (1)
  1. 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. 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. 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.
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
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.
Form 4 Insider Transactions: What Each Field Means →
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*
Ireland Drew
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		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
Common Stock03/31/2026M5,592A(1)21,213D
Common Stock03/31/2026F1,362D$15.4719,941(3)D
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
Restricted Stock Units(1)03/31/2026M5,592 (2) (2)Common Stock5,592(1)16,779D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
/s/ Stephen Preston as Attorney-in-Fact for Drew Ireland04/02/2026
** 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)

Source: View Original Filing on SEC EDGAR

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.

How many FrontView REIT (FVR) shares does the COO hold after these transactions?

After the reported transactions, Ireland Drew directly holds 19,941 FrontView REIT common shares. This reflects receipt of 5,592 shares from vested restricted stock units, minus 1,362 shares withheld to cover taxes associated with the vesting and settlement of those units.

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.

Were any of the FrontView REIT (FVR) shares in this Form 4 sold on the open market?

No open-market sales were reported. Instead, 1,362 shares of common stock were disposed of through tax withholding at $15.47 per share, meaning they were used to pay tax liabilities rather than sold in market transactions.

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.