Wernig Patrick L. 4

What Happened
Patrick L. Wernig, Chief Financial Officer of Four Corners Property Trust (FCPT), was issued 3,279 common shares as an award/vested issuance on January 22, 2026 (reported price $0.00). To satisfy tax withholding obligations related to that issuance, he surrendered 6,981 existing common shares back to the company at $24.28 per share, totaling about $169,499. This transaction reflects an award plus routine share-withholding for taxes, not an open-market sale.

Key Details

• Transaction date: January 22, 2026; Form 4 filed January 26, 2026.
• Award/acquisition: 3,279 shares @ $0.00 (code A).
• Tax withholding/disposition: 6,981 shares surrendered @ $24.28 = $169,499 (code F).
• Shares owned after the transactions: not specified in the information provided in this summary (check the Form 4 for the exact post-transaction holdings).
• Footnote: F1 — shares surrendered to the issuer to satisfy tax withholding on the issuance of vested common shares.
• No indication here of a 10b5‑1 plan or other trading plan in the provided details.

Context
This was a vesting/award event combined with share withholding to cover taxes (a common, routine administrative transaction). The surrendered shares were used for tax withholding rather than sold on the open market, so this does not necessarily signal a change in insider sentiment. Purchases would be more indicative of bullishness; this filing documents issuance plus tax-related share surrender.