FrontView REIT, Inc.·4

May 28, 9:49 PM ET

LeVeaux Noelle 4

Research Summary

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Updated

FrontView REIT Director Noelle LeVeaux Receives RSU Settlement

What Happened
Noelle LeVeaux, a director of FrontView REIT, reported the vesting and settlement of 7,895 restricted stock units (RSUs) into shares on May 26, 2026, and a subsequent grant of 5,066 new RSUs on May 27, 2026. The RSU settlement resulted in 7,895 shares being issued to LeVeaux; the reported prices for the awards/settlement are $0 (award/grant) or N/A for the conversion, indicating these were equity compensation transactions rather than open‑market purchases or cash sales.

Key Details

  • Transaction dates: May 26, 2026 (RSU vesting/settlement); May 27, 2026 (new RSU grant).
  • Reported transactions:
    • May 26: Conversion/settlement of 7,895 RSUs into shares (listed as M — exercise/conversion; acquired shares N/A in filing; the derivative was disposed at $0 reflecting settlement).
    • May 27: Grant/award of 5,066 RSUs (listed as A) at $0.
  • Shares owned after transaction: not specified in the supplied filing excerpt.
  • Footnotes: RSUs are a contingent right to receive one share per RSU under the Issuer’s 2024 Omnibus Equity and Incentive Plan. The 7,895 RSUs vested and were settled on May 26, 2026. RSUs generally vest in full on the earlier of the first anniversary of issuance or the day before the Issuer’s first annual meeting held at least 50 weeks after issuance, subject to continued service.
  • Filing timeliness: Form filed May 28, 2026 for a May 26 transaction — appears to have been filed within the typical two‑business‑day window.

Context
This was not an open‑market buy or sale by the director but routine equity compensation activity: vested RSUs converting into shares and a subsequent RSU award. Such settlements reflect compensation realization and future potential ownership (subject to RSU vesting terms) rather than an explicit buy or sell signal.