FrontView REIT grants 5,320 LTIP Units to director

FrontView REIT, Inc. director Fitzgerald Charles received a grant of 5,320 LTIP Units in FrontView Operating Partnership LP as compensation.

Rhea-AI Filing Summary

FrontView REIT, Inc. director Fitzgerald Charles received a grant of 5,320 LTIP Units in FrontView Operating Partnership LP as compensation. The LTIP Units were granted at a price of $0.00 per unit and increase his direct derivative holdings to 5,320 units.

According to the grant terms, each LTIP Unit can convert into one OP Unit once vesting conditions are satisfied. Each OP Unit can then be redeemed for either cash equal to the fair market value of one common share of FrontView REIT or, at the company’s election, one common share. 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 continued service, and they have no expiration date.

Insider Trade Summary

Grant/Award: 5,320 shares

Grant/Award 1 txn

Insider Fitzgerald Charles

Role Director

Type	Security	Shares	Price	Value
Grant/Award	LTIP Units	5,320	$0.00	$0.00

Holdings After Transaction: LTIP Units — 5,320 contracts (Direct)

Footnotes (3)

1. F1. 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. F2. 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. F3. 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: 5,320 LTIP Units Grant price: $0.00 per LTIP Unit Underlying OP Units: 5,320 OP Units +1 more

4 metrics

LTIP Units granted 5,320 LTIP Units Grant to director on 2027-05-27

Grant price $0.00 per LTIP Unit Compensation award under 2024 Omnibus Plan

Underlying OP Units 5,320 OP Units Each LTIP Unit convertible into one OP Unit

Post-transaction LTIP holdings 5,320 LTIP Units Total derivative position after grant

Key Terms

LTIP Units, OP Unit, 2024 Omnibus Equity and Incentive Plan, Amended and Restated Agreement of Limited Partnership, +1 more

5 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

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

vesting conditions financial

"only if the vesting conditions described below are met"

Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FrontView REIT (FVR) director Fitzgerald Charles report on this Form 4?

Fitzgerald Charles reported receiving a grant of 5,320 LTIP Units as compensation. These derivative units were awarded at a price of $0.00 per unit and represent a new equity-based incentive tied to FrontView Operating Partnership LP.

How many LTIP Units did Fitzgerald Charles acquire in FrontView REIT (FVR)?

He acquired 5,320 LTIP Units. Following this grant, his direct holdings in this derivative security total 5,320 LTIP Units, reflecting the full amount awarded in this single compensation transaction reported on the Form 4.

What are LTIP Units in the context of FrontView REIT (FVR)?

LTIP Units are special limited partnership interests in FrontView Operating Partnership LP granted under the 2024 Omnibus Equity and Incentive Plan. They are equity-based awards that can convert into OP Units upon vesting, linking director compensation to the partnership’s value.

When do the FrontView REIT (FVR) LTIP Units granted to Fitzgerald Charles vest?

These LTIP Units vest in full on the earlier of the first anniversary of their issuance or the day before the first annual stockholders’ meeting held at least 50 weeks after issuance, provided he continues serving with the company through the applicable vesting date.

Can the LTIP Units reported by FrontView REIT (FVR) be converted into common shares?

Each LTIP Unit may be converted into one OP Unit once 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, for one common share, subject to partnership agreement adjustments.

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

The LTIP Units have no expiration date. They remain outstanding subject to their vesting conditions and potential conversion into OP Units, as described in the operating partnership’s amended and restated agreement and the company’s 2024 Omnibus Equity and Incentive Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/28/2026 - 09:47 PM EDT Learn about SEC filing dates

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^*

Fitzgerald Charles

(Last) (First) (Middle)

C/O HIGH RISE CAPITAL MANAGEMENT

535 MADISON AVENUE 26TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
LTIP Units(1)	(2)	05/27/2027		A		5,320		(3)	(1)	OP Units	5,320	(2)	5,320	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 Charles Fitzgerald	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)