Were there any open-market share purchases or sales by the FrontView REIT (FVR) director?

The Form 4 shows no open-market purchases or sales. All reported transactions are equity compensation events: RSUs vesting into 7,895 common shares and a grant of 5,320 LTIP Units, with no indicated market trading activity by the director.

Director at FrontView REIT (FVR) gains shares and new LTIP Units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FrontView REIT, Inc. director Elizabeth F. Frank reported equity compensation-related transactions with no open-market buying or selling. On May 26, 2026, 7,895 restricted stock units vested and were settled into 7,895 shares of common stock under the company’s 2024 Omnibus Equity and Incentive Plan.

Following this RSU settlement, Frank directly held 13,072 shares of common stock. On May 27, 2026, she was also granted 5,320 LTIP Units in FrontView Operating Partnership LP, each currently corresponding to one OP Unit and ultimately linked to the value of one share of FrontView REIT common stock, subject to vesting and conversion conditions.

Insider Trade Summary

7,895 shares exercised/converted

Mixed 3 txns

Insider FRANK ELIZABETH F

Role null

Type	Security	Shares	Price	Value
Grant/Award	LTIP Units	5,320	$0.00	--
Exercise	Restricted Stock Units	7,895	$0.00	--
Exercise	Common Stock	7,895	$0.00	--

Holdings After Transaction: LTIP Units — 5,320 shares (Direct, null); Restricted Stock Units — 0 shares (Direct, null); Common Stock — 13,072 shares (Direct, null)

Footnotes (1)

Restricted stock units ("RSUs") represent a contingent right to receive shares of the Issuer's common stock ("Share") on a one-for-one basis, pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan (the "Equity Plan"). The RSUs vested and were settled on May 26, 2026. This transaction represents the settlement of 7,895 RSUs in Shares following vesting. Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to the Equity 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

RSUs settled: 7,895 shares Common shares held after RSU settlement: 13,072 shares LTIP Units granted: 5,320 LTIP Units +1 more

4 metrics

RSUs settled 7,895 shares RSUs vested and settled into common stock on May 26, 2026

Common shares held after RSU settlement 13,072 shares Direct holdings of Elizabeth F. Frank following RSU conversion

LTIP Units granted 5,320 LTIP Units Grant on May 27, 2026 in FrontView Operating Partnership LP

Derivative exercises 7,895 units Exercise/conversion of RSUs into common stock (code M)

Key Terms

Restricted stock units ("RSUs"), LTIP Units, OP Unit, 2024 Omnibus Equity and Incentive Plan, +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.

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 ... (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

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

Amended and Restated Agreement of Limited Partnership financial

"pursuant to the Equity Plan and the Amended and Restated Agreement of Limited Partnership of the Operating Partnership"

Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 09:49 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^*

FRANK ELIZABETH F

(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)
05/26/2026

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	05/26/2026		M		7,895	A	⁽¹⁾	13,072	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⁾	⁽¹⁾⁽²⁾	05/26/2026		M			7,895	⁽²⁾	⁽²⁾	Common Stock	7,895	$0	0	D
LTIP Units⁽³⁾	⁽⁴⁾	05/27/2026		A		5,320		⁽⁵⁾	⁽³⁾	OP Units	5,320	⁽⁴⁾	5,320	D

Explanation of Responses:

1. Restricted stock units ("RSUs") represent a contingent right to receive shares of the Issuer's common stock ("Share") on a one-for-one basis, pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan (the "Equity Plan").

2. The RSUs vested and were settled on May 26, 2026. This transaction represents the settlement of 7,895 RSUs in Shares following vesting.

3. Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to the Equity 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.

4. 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.

5. 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 Elizabeth Frank	05/28/2026
	** 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 insider transactions did FrontView REIT (FVR) report for Elizabeth F. Frank?

FrontView REIT reported equity compensation transactions for director Elizabeth F. Frank. 7,895 restricted stock units vested into common shares, and she received 5,320 LTIP Units in the operating partnership as a grant under the 2024 Omnibus Equity and Incentive Plan.

How many FrontView REIT (FVR) shares does Elizabeth F. Frank hold after these transactions?

After the reported Form 4 transactions, Elizabeth F. Frank directly holds 13,072 shares of FrontView REIT common stock. This reflects the settlement of 7,895 restricted stock units into shares on May 26, 2026, as part of her director compensation package.

What happened to Elizabeth F. Frank’s restricted stock units at FrontView REIT (FVR)?

Her restricted stock units vested and were settled into common shares. Specifically, 7,895 RSUs converted into 7,895 shares of FrontView REIT common stock on May 26, 2026, under the 2024 Omnibus Equity and Incentive Plan described in the filing footnotes.

What are the LTIP Units granted to the FrontView REIT (FVR) director?

Elizabeth F. Frank received 5,320 LTIP Units in FrontView Operating Partnership LP. These are limited partnership interests that can convert into OP Units, which are then redeemable for cash equal to one share’s fair market value or, at the issuer’s election, one share.

When do the LTIP Units granted at FrontView REIT (FVR) vest for the director?

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