McHugh Timothy 4

What Happened
Timothy McHugh, a director of FrontView REIT, was granted 5,311 LTIP Units (a derivative award) on June 1, 2026. No purchase price or cash value is reported (price listed as N/A). This was an equity award (transaction code A), not an open‑market buy or sale.

Key Details

• Transaction date: 2026-06-01; transaction type: Award/Grant of 5,311 LTIP Units (derivative). Price: N/A.
• Shares/units owned after the transaction: not disclosed in the provided filing details.
• Footnote highlights:
  • F1: LTIP Units are limited partnership units granted under the Equity Plan and Partnership Agreement; they have no expiration date.
  • F2: LTIP Units may be converted (by the issuer or holder) into OP Units only if vesting conditions are met; OP Units are redeemable for cash equal to the fair market value of one share or, at the issuer’s election, one share (subject to adjustments).
  • 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 that is held at least 50 weeks after issuance, provided continued service through the applicable date.
• Filing timeliness: Reported on 2026-06-01 for the same reporting date (appears timely); no indication of a 10b5-1 plan, tax withholding, or sale following vesting in this filing.

Context
This is an equity compensation grant (derivative units) rather than a direct purchase or sale of common stock. The LTIP Units only convert into redeemable OP Units—and ultimately into cash or shares—after vesting conditions are met, so there is no immediate change in common shares outstanding or immediate proceeds to the director.