Brat James L 4

What Happened
James L. Brat, Chief Operations Officer of Four Corners Property Trust (FCPT), was credited with a total of 638 shares on 2026-01-15 via two reported "other acquisition (J)" transactions: 242 shares (dividend equivalent rights on an RSU award) and 396 shares (dividend on a restricted stock award). The filing lists prices as N/A and does not state a total dollar value. These were stock-settled dividend reinvestment/award credits (not open-market purchases or sales).

Key Details

• Transaction date(s): 2026-01-15 (two entries: 242 shares and 396 shares).
• Price: N/A (shares were issued/credited as dividend equivalents/dividends; no cash purchase).
• Shares received: 242 + 396 = 638 shares total.
• Shares owned after transaction: not disclosed in the data provided.
• Footnotes: F1 = dividend equivalent rights on an RSU award (settled in common stock). F2 = dividend that accrued on a restricted stock award (reinvested).
• Transaction code: J = other acquisition/disposition (used for non-standard acquisitions such as dividend credits).
• Filing timeliness: Form 4 filed 2026-01-20; this is within the SEC’s two-business-day window given the Jan 19 federal holiday (MLK Day), so the filing appears timely.

Context
These entries reflect dividend reinvestment tied to prior equity awards (RSUs/restricted stock). They are routine, non-market allocations of stock and do not represent an open-market purchase or sale by the insider. Such credits increase an insider’s holdings but are generally administrative in nature rather than a direct signal of a change in trading intent.