FRANK ELIZABETH F 4
4 · FrontView REIT, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
FrontView REIT (FVR) Director Frank Elizabeth F Receives Award
What Happened
- Frank Elizabeth F, a director of FrontView REIT (FVR), was granted 807 LTIP Units (a derivative award) on June 15, 2026. The grant is shown as an award/other acquisition (Form 4 code A) and no cash price is reported. This is a compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-15; Form filed 2026-06-17 (timely filing).
- Transaction type/amount: Grant of 807 LTIP Units (derivative award); price reported as N/A.
- Shares/units owned after transaction: Not specified in the provided filing excerpt.
- Important footnotes:
- LTIP Units are limited partnership units granted under the Issuer's 2024 Omnibus Equity and Incentive Plan and the Operating Partnership agreement (they have no expiration). (F1)
- Each LTIP Unit can be converted (by issuer or holder) into an OP Unit only if vesting conditions are met; OP Units are redeemable for cash equal to the then fair market value of one share or, at the issuer's election, for one share. (F2)
- 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. (F3)
Context
- This is a derivative compensation grant (not a purchase or sale). LTIP Units convert into partnership/common units only upon satisfaction of vesting conditions, and conversion/redemption terms determine eventual cash or share payout. There is no indication these units were immediately sold or otherwise disposed of.
Insider Transaction Report
Form 4
FRANK ELIZABETH F
Director
Transactions
- Award
LTIP Units
[F1][F2][F3]2026-06-15+807→ 807 total→ OP Units (807 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 Elizabeth F. Frank|2026-06-17