Fitzgerald Charles 4

What Happened
Charles Fitzgerald, a director of FrontView REIT (ticker: FVR), received a grant of 673 LTIP units (a derivative award) on June 15, 2026. The filing lists no purchase price or immediate cash value — these are equity‑linked units rather than an open‑market stock purchase.

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-17 reporting the grant.
• Type: Award/Grant (derivative LTIP Units); amount: 673 units; price: N/A.
• Shares owned after transaction: not disclosed in the provided filing data.
• Footnotes (material):
  • F1 — LTIP Units are limited partnership units granted under the company’s 2024 Omnibus Equity and Incentive Plan; they have no expiration.
  • F2 — LTIP Units may be converted (by 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, exchangeable for one 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 meeting held at least 50 weeks after issuance, contingent on continued service.

Context
This is a compensation/retention award rather than a purchase or sale, so it does not represent an immediate cash investment or disposition. Such grants are common for aligning executives/directors with long‑term shareholder value; they only convert into economic exposure if and when vesting and conversion conditions are met. The filing does not indicate any sale or exercise of underlying shares at this time.