FrontView REIT (FVR) CEO converts 37,285 RSUs; 9,485 shares withheld for taxes

Q: What did FrontView REIT (FVR) CEO Preston Stephen report in this Form 4?

Preston Stephen exercised 37,285 RSUs into common shares and had 9,485 shares withheld for taxes. These actions reflect routine equity compensation activity under FrontView REIT’s 2024 Omnibus Equity and Incentive Plan , rather than open-market stock purchases or sales.

Q: What is the origin of the RSUs exercised by the FrontView REIT (FVR) CEO?

The RSUs exercised come from a grant of 149,142 RSUs awarded on March 31, 2025 . This grant vests in four equal annual installments on March 31 of 2026, 2027, 2028 and 2029 , conditioned on Preston Stephen’s continued service with FrontView REIT.

Q: How do RSUs work in FrontView REIT’s (FVR) 2024 Omnibus Equity and Incentive Plan?

Under the 2024 Omnibus Equity and Incentive Plan , RSUs represent a contingent right to receive common shares on a one-for-one basis. As RSUs vest, they typically convert into an equal number of common shares, with some shares often withheld to cover applicable tax obligations.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FrontView REIT, Inc. Chairman, CEO and President Preston Stephen exercised 37,285 restricted stock units (RSUs) into the same number of common shares on March 31, 2026 under the company’s 2024 Omnibus Equity and Incentive Plan. These RSUs convert to common stock on a one-for-one basis.

To cover tax obligations, 9,485 common shares were withheld at $15.47 per share as a tax-withholding disposition, not an open-market sale. After these transactions, Stephen directly holds 97,471 common shares. The RSUs stem from a prior grant of 149,142 RSUs made on March 31, 2025, vesting in four equal annual installments through 2029, contingent on continued service.

Insider Trade Summary

37,285 shares exercised/converted

Mixed 3 txns

Insider Preston Stephen

Role Chairman, CEO and President

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	37,285	$0.00	--
Exercise	Common Stock	37,285	$0.00	--
Tax Withholding	Common Stock	9,485	$15.47	$147K

Holdings After Transaction: Restricted Stock Units — 111,857 shares (Direct); Common Stock — 106,956 shares (Direct)

Footnotes (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 149,142 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.

Key Figures

RSUs exercised: 37,285 units Shares withheld for taxes: 9,485 shares Post-transaction holdings: 97,471 shares +3 more

6 metrics

RSUs exercised 37,285 units RSUs converted to common stock on March 31, 2026

Shares withheld for taxes 9,485 shares Tax-withholding disposition at $15.47 per share

Post-transaction holdings 97,471 shares Common stock directly held after transactions

RSU grant size 149,142 RSUs Granted on March 31, 2025 under 2024 plan

Vesting schedule 1/4 annually 2026–2029 RSU grant vests in four equal annual installments

Tax-withholding price $15.47 per share Price used for 9,485-share tax disposition

Key Terms

Restricted stock units ("RSUs"), 2024 Omnibus Equity and Incentive Plan, tax-withholding disposition, Exercise or conversion of derivative security, +1 more

5 terms

Restricted stock units ("RSUs") financial

"Restricted stock units ("RSUs") represent a contingent right to receive shares of the Issuer's common stock"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

2024 Omnibus Equity and Incentive Plan financial

"pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan."

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

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.

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

contingent right financial

"RSUs represent a contingent right to receive shares of the Issuer's common stock"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 09:19 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^*

Preston Stephen

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman, CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
Common Stock	03/31/2026		M		37,285	A	⁽¹⁾	106,956	D
Common Stock	03/31/2026		F		9,485	D	$15.47	97,471	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)
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)
Restricted Stock Units	⁽¹⁾	03/31/2026		M			37,285	⁽²⁾	⁽²⁾	Common Stock	37,285	⁽¹⁾	111,857	D

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 149,142 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.

	/s/ Stephen Preston	04/02/2026
	** 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) CEO Preston Stephen report in this Form 4?

Preston Stephen exercised 37,285 RSUs into common shares and had 9,485 shares withheld for taxes. These actions reflect routine equity compensation activity under FrontView REIT’s 2024 Omnibus Equity and Incentive Plan, rather than open-market stock purchases or sales.

How many FrontView REIT (FVR) shares does the CEO hold after this Form 4?

Following the reported transactions, Preston Stephen directly holds 97,471 shares of FrontView REIT common stock. This figure reflects the shares received from RSU conversion, net of the 9,485 shares withheld to satisfy tax obligations on March 31, 2026.

Were any of the FrontView REIT (FVR) CEO’s transactions open-market sales or buys?

No open-market buys or sales are reported. The Form 4 shows an RSU exercise (code M) converting 37,285 RSUs into common shares and a related tax-withholding disposition (code F) of 9,485 shares at $15.47 per share to satisfy tax liabilities.

What is the origin of the RSUs exercised by the FrontView REIT (FVR) CEO?

The RSUs exercised come from a grant of 149,142 RSUs awarded on March 31, 2025. This grant vests in four equal annual installments on March 31 of 2026, 2027, 2028 and 2029, conditioned on Preston Stephen’s continued service with FrontView REIT.

How do RSUs work in FrontView REIT’s (FVR) 2024 Omnibus Equity and Incentive Plan?

Under the 2024 Omnibus Equity and Incentive Plan, RSUs represent a contingent right to receive common shares on a one-for-one basis. As RSUs vest, they typically convert into an equal number of common shares, with some shares often withheld to cover applicable tax obligations.