Lenehan William H 4

What Happened

• William H. Lenehan, President, CEO and a director of Four Corners Property Trust (FCPT), was credited with a total of 1,880 shares on Jan 15, 2026. The Form 4 shows two "other acquisition" (code J) entries: 75 shares and 1,805 shares. No per-share price or cash consideration is reported because these shares represent dividend-equivalent rights/dividend reinvestment rather than an open-market purchase.

Key Details

• Transaction date: 2026-01-15 (two entries: 75 shares and 1,805 shares; total 1,880 shares).
• Report filed with SEC: 2026-01-20 (filed after the transaction; appears to be late under the Form 4 two-business-day rule).
• Price/Value: Not stated (N/A); shares were issued/settled in stock as dividend equivalents.
• Footnotes: F1 = dividend equivalent rights from a restricted stock unit award (settled in common stock). F2 = dividends accrued on a restricted stock award (reinvested/settled in stock).
• Shares owned after transaction: Not specified in the information provided in this summary.

Context

• These were dividend-equivalent / dividend-reinvestment crediting events—not open-market purchases. Such credits are routine for executives with restricted stock or RSU awards and do not necessarily signal a new bullish or bearish view by the insider.
• Transaction code J is commonly used for non-typical acquisitions (e.g., stock issued on dividend reinvestment). The late filing note implies the Form 4 was submitted after the usual 2-business-day reporting window; late reporting can attract SEC attention and should be monitored for any amendment.