Lenehan William H 4
Research Summary
AI-generated summary
Four Corners (FCPT) CEO William H. Lenehan Buys 3,924 Shares
What Happened
- William H. Lenehan, President, CEO and Director of Four Corners Property Trust, Inc. (FCPT), purchased 3,924 shares of FCPT common stock in open-market acquisitions on March 11, 2026.
- The reported weighted-average price was $25.45 per share, for a total reported cost of $99,847. This purchase is a straightforward buy (transaction code P), which is generally interpreted as a direct purchase rather than a sale.
Key Details
- Transaction date: 2026-03-11 (filed the same day).
- Price: weighted average $25.45; purchase prices ranged from $25.41 to $25.46 (see footnote).
- Shares acquired: 3,924; total value reported: $99,847.
- Shares owned after the transaction: Not disclosed in this Form 4.
- Notable footnote: The price is a weighted average for multiple trades; the reporting person offers to provide the number of shares bought at each specific price on request.
- No 10b5-1 plan, option exercise, gift, or tax-withholding noted in this filing.
Context
- This filing documents a direct open-market purchase, not an exercise of options or a share award. Purchases by executives are often seen as a positive signal but do not by themselves prove future performance. The Form 4 was filed contemporaneously with the transaction date, so there is no late-filing indication.