Wernig Patrick L. 4

What Happened Patrick L. Wernig, Chief Financial Officer of Four Corners Property Trust, Inc. (FCPT), reported an award/grant acquisition of 14,814 shares on January 26, 2026. The Form 4 lists the acquisition price as $0.00 (transaction code A), so the reported dollar value on the filing is $0. This transaction is an award/compensation event rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (filed within the typical two-business-day deadline).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 14,814; reported acquisition price: $0.00; reported value: $0.
• Shares owned following the transaction: not specified in the provided filing details.
• Notable notes: Awarded shares listed at $0.00 commonly indicate a compensation grant (e.g., restricted stock or RSUs) and may be subject to vesting or transfer restrictions; the Form 4 did not specify vesting terms here.

Context Awards reported under code A are typically part of executive compensation programs and do not directly indicate an open‑market purchase or sale. Because such grants are compensation-related, they should be interpreted differently from purchases (which can be a stronger bullish signal) or sales (which can be liquidity events).