STOCK TITAN

FrontView REIT (FVR) CAO nets 17,292 shares after RSU vest

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

Rhea-AI Filing Summary

FrontView REIT, Inc.’s Chief Accounting Officer, Sean Fukumura, exercised restricted stock units that vested and converted into 19,723 shares of common stock on March 31, 2026, under the company’s 2024 Omnibus Equity and Incentive Plan.

To cover tax obligations, 10,558 shares were withheld at $15.47 per share. After these compensation-related transactions, Fukumura holds 17,292 common shares directly and 500 shares indirectly through a Canadian Registered Retirement Savings Plan (RRSP).

Positive

  • None.

Negative

  • None.
Insider Fukumura Sean
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 3,356 $0.00 --
Exercise Restricted Stock Units 16,367 $0.00 --
Exercise Common Stock 3,356 $0.00 --
Exercise Common Stock 16,367 $0.00 --
Tax Withholding Common Stock 10,558 $15.47 $163K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 11,483 shares (Direct); Common Stock — 500 shares (Indirect, By RRSP)
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. These RSUs vested in full on March 31, 2026. These Shares are held in trust by a third-party administrator in a Registered Retirement Savings Plan (RRSP) in Canada.
RSUs exercised 19,723 shares Total RSUs converted to common stock on March 31, 2026
Tax-withholding shares 10,558 shares Common shares withheld to cover taxes at $15.47 per share
Tax-withholding price $15.47 per share Price applied to 10,558 shares for tax withholding
Direct holdings after transactions 17,292 shares Common stock held directly by CAO after March 31, 2026
Indirect RRSP holdings 500 shares Common stock held indirectly in a Canadian RRSP
RSU grant components 3,356 and 16,367 RSUs Two RSU blocks that vested and converted one-for-one into shares
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.
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.
Registered Retirement Savings Plan (RRSP) financial
"Shares are held in trust by a third-party administrator in a Registered Retirement Savings Plan (RRSP)"
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
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*
Fukumura Sean

(Last)(First)(Middle)
C/O FRONTVIEW REIT, INC.,
3131 MCKINNEY AVENUE, STE 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 Accounting 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 Stock03/31/2026M3,356A(1)11,483D
Common Stock03/31/2026M16,367A(1)27,850D
Common Stock03/31/2026F10,558D$15.4717,292D
Common Stock500IBy RRSP(3)
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)03/31/2026M3,356 (2) (2)Common Stock3,356(1)0D
Restricted Stock Units(1)03/31/2026M16,367 (3) (3)Common Stock16,367(1)0D
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. These RSUs vested in full on March 31, 2026.
3. These Shares are held in trust by a third-party administrator in a Registered Retirement Savings Plan (RRSP) in Canada.
/s/ Stephen Preston as Attorney-in-Fact for Sean Fukumura04/02/2026
** 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)

FAQ

What insider transactions did FrontView REIT (FVR) report for Sean Fukumura?

FrontView REIT reported that Chief Accounting Officer Sean Fukumura exercised restricted stock units into 19,723 common shares. On the same date, 10,558 of those shares were withheld at $15.47 per share to satisfy tax obligations related to the vesting, a non-market transaction.

How many FrontView REIT (FVR) RSUs vested and converted for the CAO?

A total of 19,723 restricted stock units vested and converted into FrontView REIT common stock for the CAO. These came from RSU awards of 3,356 units and 16,367 units, which represent a one-for-one right to receive common shares under the 2024 Omnibus Equity and Incentive Plan.

Were any of Sean Fukumura’s FrontView REIT (FVR) shares sold on the open market?

No open-market sales are shown. The only share reduction is a Form F transaction, where 10,558 common shares were withheld at $15.47 per share to pay tax liabilities upon RSU vesting, which is a tax-withholding disposition rather than a discretionary market sale.

What are Sean Fukumura’s FrontView REIT (FVR) holdings after these transactions?

After the March 31, 2026 transactions, Sean Fukumura holds 17,292 FrontView REIT common shares directly. In addition, 500 common shares are held indirectly in a Canadian Registered Retirement Savings Plan (RRSP) administered by a third-party trustee, according to the reported ownership details.

How are FVR restricted stock units (RSUs) structured for this FrontView REIT grant?

The RSUs represent a contingent right to receive FrontView REIT common shares on a one-for-one basis under the 2024 Omnibus Equity and Incentive Plan. For this filing, the RSUs vested in full on March 31, 2026, triggering the automatic delivery of common shares and related tax withholding.