FrontView REIT (FVR) Director Timothy McHugh Receives Award

What Happened

• Timothy McHugh, a director of FrontView REIT (ticker: FVR), received a grant of 705 LTIP Units (derivative award) on 2026-09-15. The filing shows no cash price (N/A) because these are equity awards, not an open-market purchase or sale.
• These LTIP Units were issued under the company's Equity Plan and the Operating Partnership's partnership agreement and do not expire. They are not immediately convertible to common shares until vesting conditions are met.

Key Details

• Transaction date: 2026-09-15; Form 4 filed 2026-09-16 (filed the next day).
• Grant: 705 LTIP Units; price: N/A (derivative award).
• Shares owned following the reported transaction: not specified in the filing.
• Footnotes:
  • F1: LTIP Units = limited partnership units granted under the Equity Plan; no expiration.
  • F2: Each LTIP Unit can be converted (issuer or holder election) into an OP Unit only if vesting conditions are met; an OP Unit is redeemable for cash equal to the fair market value of one common share or, at the issuer's election, one common share.
  • F3: These LTIP Units vest in full on the first anniversary of issuance, subject to continued service.
• Filing timeliness: appears timely (filed the day after the grant).

Context

• This is an equity award (grant) to a director—common for compensation or retention—and not a purchase or sale that implies immediate market exposure. Conversion to cash or shares depends on vesting and later election; there are no immediate proceeds or market sales tied to this grant.