Fitzgerald Charles 4/A
4/A · FrontView REIT, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
FrontView REIT Director Fitzgerald Receives 5,320 LTIP Units
What Happened
Charles Fitzgerald, a director of FrontView REIT, was granted 5,320 LTIP Units (a derivative award) on May 27, 2026. The filing shows no per-unit price or total dollar value (N/A). This is an equity incentive award—not an open‑market purchase or sale—and the units have vesting conditions before they can convert or be redeemed.
Key Details
- Transaction date: 2026-05-27 (original Form 4 for the grant was filed May 28, 2026; this is an AMENDED filing dated May 29, 2026 to correct the reporting address and the year shown for the transaction date).
- Amount: 5,320 LTIP Units; price: N/A; total value: N/A.
- Shares/units owned after transaction: not specified in this filing.
- Footnote highlights:
- LTIP Units are limited partnership units in FrontView Operating Partnership LP and have no expiration (F2).
- LTIP Units convert to OP Units only if vesting conditions are met; OP Units may be redeemed for cash equal to the fair market value of one share, or exchanged for one share at the issuer’s election (F3).
- Vesting: 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 (F4).
- Filing status: This is an amendment correcting administrative details; the original Form 4 reported the same grant and was timely filed the day after the transaction.
Context
This is a grant of long‑term incentive units (derivative awards) rather than a buy or sell signal. Units must vest before conversion/redemption is possible, so the grant does not represent immediate liquidity or an immediate change in common stock ownership.
Insider Transaction Report
Form 4/AAmended
Fitzgerald Charles
Director
Transactions
- Award
LTIP Units
[F1][F2][F3][F4]2026-05-27+5,320→ 5,320 total→ OP Units (5,320 underlying)
Footnotes (4)
- [F1]On May 28, 2026, the reporting person filed a Form 4 reporting the grant of 5,320 LTIP Units. This amendment is being filed solely to correct (i) the reporting person's address in Box 1 and (ii) the year in the transaction date reported in Column 3 of Table II. All other information, including the LTIP Unit grant information, has not changed from the original Form 4.
- [F2]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.
- [F3]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.
- [F4]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|2026-05-29