Ireland Drew 4

What Happened

• Ireland Drew, Chief Operating Officer of FrontView REIT (FVR), had 5,592 restricted stock units (RSUs vest) on March 31, 2026 (reported on Form 4 filed Apr 2, 2026). Of those vested shares, 1,362 shares were withheld to satisfy tax withholding at $15.47 per share, yielding $21,070 in withholding. Net new shares received by Drew = 5,592 − 1,362 = 4,230 shares.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (timely filing).
• Acquired: 5,592 shares (code M — exercise/conversion of a derivative; here, vesting of RSUs).
• Withheld/disposed for taxes: 1,362 shares at $15.47 per share; total tax withholding ~$21,070 (code F).
• Net increase to holdings from this event: 4,230 shares.
• Footnotes: F1 notes RSUs convert one-for-one to common shares under the 2024 Omnibus Equity and Incentive Plan. F2 confirms the original grant was 22,371 RSUs (granted 3/31/2025) vesting in equal annual installments (1/4 each year). F3 clarifies a prior Form 4 (Oct 2025) had a 90-share reporting error that did not change current holdings.
• Shares owned after transaction: not specified in the disclosed excerpt.

Context

• This was a scheduled vesting of RSUs (not an open-market purchase or voluntary sale). The withholding of 1,362 shares to cover taxes is a common administrative step and effectively a cashless settlement of tax liability rather than a market sale for investment purposes.