Fitzgerald Charles 4
4 · FrontView REIT, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
FrontView REIT (FVR) Director Charles Fitzgerald Receives Award
What Happened
- Charles Fitzgerald, a director of FrontView REIT (ticker: FVR), received an award of 850 LTIP Units (derivative interest) on March 31, 2026. The grant is reported as an award/acquisition (code A) and no purchase price or total dollar value is reported (price listed as N/A).
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (timely).
- Transaction type/code: Award of derivative units (A).
- Amount: 850 LTIP Units; price/value: N/A (not reported).
- Shares/units owned after transaction: not specified in the filing.
- Notable footnotes:
- LTIP Units are limited partnership units in FrontView Operating Partnership LP granted under the 2024 Omnibus Equity and Incentive Plan (no expiration). (F1)
- LTIP Units may convert (at issuer's or holder's election, if vesting conditions are met) into OP Units, which are redeemable for cash equal to the fair market value of one share of the issuer's common stock or, at the issuer's election, for one share, subject to adjustments. (F2)
- Vesting: Generally vest in full on the earlier of (i) the first anniversary of issuance or (ii) the day before the issuer's first annual stockholders' meeting held at least 50 weeks after issuance, subject to continued service. (F3)
- Filing timeliness: Filed within the Form 4 reporting window (not marked late).
Context
- This was a grant of long-term incentive units, not an open-market purchase or sale. LTIP Units are derivative interests that only convert to redeemable partnership units (and then to cash or shares) if vesting conditions are met, so the award does not represent an immediate acquisition of common shares available to trade.
- Such awards are typical for compensation and retention; they are informational but do not by themselves signal an immediate insider purchase or sale.
Insider Transaction Report
Form 4
Fitzgerald Charles
Director
Transactions
- Award
LTIP Units
[F1][F2][F3]2026-03-31+850→ 850 total→ OP Units (850 underlying)
Footnotes (3)
- [F1]Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to 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.
- [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 of the Issuer's common stock (a "Share"), or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement
- [F3]These LTIP Units generally 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.
Signature
/s/ Stephen Preston as Attorney-in-Fact for Charles Fitzgerald|2026-04-02