Fitzgerald Charles 4

4 · FrontView REIT, Inc. · Filed May 28, 2026

AI-generated summary of this filing

Updated May 29, 2026

FrontView REIT (FVR) Director Charles Fitzgerald Receives Award

What Happened

Fitzgerald Charles (listed in the filing as "Fitzgerald Charles"), a director of FrontView REIT, was granted 5,320 LTIP Units as an award (transaction code A). The units are reported as a derivative award with no purchase price (N/A) and no immediate cash value disclosed in the filing. This is a compensation grant rather than an open‑market purchase or sale.

Key Details

Reported transaction date: 2027-05-27 (filing cover period is 2026-05-26 and the Form 4 was filed 2026-05-28 — the transaction date appears inconsistent with the filing dates and may be a data entry error).
Transaction type / code: A = Award/Grant (derivative LTIP Units); Price: N/A.
Quantity: 5,320 LTIP Units.
Shares owned after transaction: Not specified in the provided filing details.
Footnotes of note:
- F1: LTIP Units = limited partnership units granted under the 2024 Omnibus Equity and Incentive Plan; LTIP Units have no expiration.
- F2: Each LTIP Unit can convert (issuer’s or holder’s election) to an OP Unit, which is redeemable for cash equal to the fair market value of one common share, or at the issuer’s election, one common share.
- F3: Vesting: LTIP Units 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.
Accession no.: 0000895345-26-000252.

Context

These LTIP Units are a form of equity compensation for service and do not represent an open‑market purchase (so they are routine compensation rather than a direct bullish signal from the insider).
Because they are derivative units that convert to partnership units and ultimately to cash or shares upon conversion/ redemption, their economic value depends on FrontView’s share valuation at conversion/ redemption and on continued service through vesting.

Form 4

Period: 2026-05-26

Director

Transactions

Award
LTIP Units
[F1][F2][F3]
2027-05-27+5,320→ 5,320 total
→ OP Units (5,320 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 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.
[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.
[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.

Signature

/s/ Stephen Preston as Attorney-in-Fact for Charles Fitzgerald|2026-05-28

1 file