Lenehan William H 4
Research Summary
AI-generated summary
Four Corners (FCPT) CEO William H. Lenehan Buys 7,865 Shares
What Happened William H. Lenehan, President & CEO and a director of Four Corners Property Trust, Inc. (FCPT), reported an open-market purchase of 7,865 shares on 2026-03-06. The filing shows a weighted-average price of $25.49, for a total cost of about $200,487. This was a purchase (transaction code P), which is a direct buy of company stock rather than a sale or option exercise.
Key Details
- Transaction date: 2026-03-06 (open-market purchase)
- Shares acquired: 7,865 at a weighted-average price of $25.49 (total ≈ $200,487)
- Price range: purchases made at prices between $25.42 and $25.57 (footnote states the $25.49 is a weighted average)
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Filing timeliness: Reported for the same date as the transaction (no late filing indicated)
- Footnote: The reporting person will provide, upon request, the breakdown of how many shares were bought at each price within the stated range
Context This is a straightforward insider purchase reported by the company’s CEO. Purchases by executives are often watched by investors as one data point on insider sentiment, but they do not, by themselves, prove future performance.