Friedland Michael Lawrence 4

What Happened Michael Lawrence Friedland, a director of Four Corners Property Trust, Inc. (FCPT), acquired 959 shares on 2026-04-01 via an award (transaction code A). The filing reports an acquisition price of $0.00 per share (total reported value $0), indicating these shares were issued as an award rather than bought on the open market.

Key Details

• Transaction date: 2026-04-01; Filing accession date: 2026-04-13.
• Transaction type/code: Award/other acquisition (A).
• Shares granted: 959; reported acquisition price: $0.00 per share (total $0).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnotes/conditions: The filing lists an award (code A); the document provided does not specify vesting terms, tax withholding, or a 10b5-1 plan.
• Timeliness: Filing date is 2026-04-13 for a 2026-04-01 transaction; the provided record does not include a late-filing flag.

Context An "A" award typically reflects a grant of restricted stock, RSUs, or similar compensation and is different from an open-market purchase or sale. Such awards often carry vesting conditions and do not necessarily signal immediate trading intent. Because the reported price is $0, this transaction represents compensation or an award issuance rather than a cash purchase.