Stewart Niccole 4

What Happened
Stewart Niccole, Chief Accounting Officer of Four Corners Property Trust (FCPT), sold 2,427 shares in an open-market transaction on March 13, 2026. The shares were sold at a weighted average price of $25.97, generating proceeds of approximately $63,018. This was a sale (not a purchase, option exercise, or gift) and is typically considered a routine disposition unless otherwise noted.

Key Details

• Transaction date: 2026-03-13 (reported on Form 4 filed 2026-03-16).
• Transaction type: Sale (code S), open-market/private sale.
• Shares sold: 2,427 at a weighted average price of $25.97; total proceeds ≈ $63,018.
• Price range: Shares were sold in multiple trades at prices from $25.96 to $25.98 (footnote F1). The weighted average is reported; the filer offers to provide a breakdown on request.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, gift, or option-exercise notation is indicated in the excerpt.

Context
Open-market sales by officers are common and do not by themselves indicate company prospects. Because this was a straight sale (not an exercise or award), it likely reflects personal liquidity or portfolio management rather than a corporate event. Retail investors should combine this information with other insider activity and company fundamentals before drawing conclusions.