FrontView REIT (FVR) director receives grant of 673 LTIP incentive units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Swanstrom Daniel E II reported acquisition or exercise transactions in this Form 4 filing.

FrontView REIT, Inc. director Daniel E. Swanstrom II received a grant of 673 LTIP Units in FrontView Operating Partnership LP as equity compensation. The LTIP Units have no expiration date and are convertible into OP Units if vesting conditions are met. Each OP Unit is redeemable for cash equal to the fair market value of one share or, at the issuer’s election, one share. These LTIP Units vest in full on the earlier of the first anniversary of issuance or the day before the first annual stockholders’ meeting held at least 50 weeks after issuance, subject to continued service, giving him 673 LTIP Units outstanding after the award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Swanstrom Daniel E II

Role null

Type	Security	Shares	Price	Value
Grant/Award	LTIP Units	673	$0.00	--

Holdings After Transaction: LTIP Units — 673 shares (Direct, null)

Footnotes (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.

Key Figures

LTIP Units granted: 673 LTIP Units Price per LTIP Unit: $0.0000 per unit LTIP Units held after grant: 673 LTIP Units +1 more

4 metrics

LTIP Units granted 673 LTIP Units Grant to director on 2026-06-15

Price per LTIP Unit $0.0000 per unit Grant/award acquisition price

LTIP Units held after grant 673 LTIP Units Total derivative holdings following transaction

Underlying OP Units 673 OP Units Underlying security tied to LTIP Units

Key Terms

LTIP Units, OP Unit, 2024 Omnibus Equity and Incentive Plan, Amended and Restated Agreement of Limited Partnership

4 terms

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

"and the Amended and Restated Agreement of Limited Partnership of the Operating Partnership"

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 05:12 PM

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^*

Swanstrom Daniel E II

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
LTIP Units⁽¹⁾	⁽²⁾	06/15/2026		A		673		⁽³⁾	⁽¹⁾	OP Units	673	⁽²⁾	673	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 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 Daniel E. Swanstrom II	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did FrontView REIT (FVR) director Daniel Swanstrom receive in this Form 4?

Daniel E. Swanstrom II received a grant of 673 LTIP Units as equity compensation. These units are issued by FrontView Operating Partnership LP and relate to the issuer’s 2024 Omnibus Equity and Incentive Plan and the partnership agreement.

How many LTIP Units were granted to the FrontView REIT (FVR) director?

The director was granted 673 LTIP Units. Following the transaction, his total reported holdings of this derivative security are 673 LTIP Units, reflecting the full amount of the new award reported in this filing.

Do the LTIP Units granted to the FrontView REIT (FVR) director have an expiration date?

The LTIP Units have no expiration date. They remain outstanding subject to vesting and conversion terms defined in the 2024 Omnibus Equity and Incentive Plan and the Amended and Restated Agreement of Limited Partnership.

When do the FrontView REIT (FVR) LTIP Units granted in this Form 4 vest?

The LTIP Units vest in full on the earlier of the first anniversary of issuance or the day before the first annual stockholders’ meeting held at least 50 weeks after issuance, subject to the director’s continued service with the issuer.

What can the FrontView REIT (FVR) LTIP Units be converted or redeemed into?

Each LTIP Unit may be converted into one OP Unit if vesting conditions are met. Each OP Unit is then redeemable for cash equal to the fair market value of one share or, at the issuer’s election, one share, as outlined in the partnership agreement.