Fitzgerald Charles 4

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.