Lenehan William H 4

What Happened
William H. Lenehan, President & CEO and a director of Four Corners Property Trust (FCPT), reported an open-market purchase of 10,080 common shares on February 18, 2026. The shares were acquired at a weighted-average price of $24.73 per share for a total reported value of $249,321. This was a purchase (insider buy), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-02-18 (report filed 2026-02-18 — timely filing).
• Transaction type/code: Open-market purchase (P).
• Shares acquired: 10,080.
• Price: weighted average $24.73; individual trade prices ranged from $24.6739 to $24.85 (footnote).
• Total value: $249,321 (approx.).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnote: the reported price is a weighted average across multiple trades; the filer will provide breakdown by price on request.
• No 10b5-1 plan, tax withholding, or option exercise indicated in this filing.

Context
Insider purchases can signal confidence by company insiders but are not proof of future performance. This filing reports a straightforward open-market buy by the company's CEO; there is no indication here of derivative activity, awards, or gifts. Retail investors should consider this alongside other fundamentals and disclosures before drawing conclusions.