FrontView REIT Director Elizabeth Frank Receives 846 LTIP Units

What Happened

• Elizabeth F. Frank, a director of FrontView REIT, was granted 846 LTIP Units (a derivative award) on 2026-09-15 under the Issuer’s 2024 Omnibus Equity and Incentive Plan. The filing lists no purchase price or immediate cash value (price: N/A). This is an equity award (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (timely).
• Transaction type/code: Award/Grant (A); derivative security (LTIP Units).
• Shares/units granted: 846 LTIP Units. Price/value: not specified in the filing.
• Shares/units owned after transaction: not disclosed in the provided filing.
• Relevant footnotes:
  • LTIP Units are limited partnership units under the Operating Partnership and have no expiration.
  • LTIP Units convert to OP Units only if vesting conditions are met; OP Units can be redeemed for cash equal to the fair market value of one common share or, at the issuer’s election, for one common share.
  • These LTIP Units vest in full on the first anniversary of issuance, subject to continued service.

Context

• This was a compensation award to a director and not an immediate purchase or sale. The units do not vest or convert immediately — they vest in one year and are convertible/redeemable per the partnership agreement, so they are not immediately liquid.
• Such awards are routine for executive/director compensation and do not, by themselves, indicate insider buying or selling intent.