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Four Corners Property Trust, Inc.·4

Apr 17, 4:30 PM ET

Tennican Elizabeth 4

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Four Corners (FCPT) Director Elizabeth Tennican Receives 409 Shares

What Happened
Elizabeth Tennican, a director of Four Corners Property Trust, received 409 shares on April 15, 2026. The transaction is coded "J" (other acquisition); per the filing footnote, these shares represent dividend equivalent rights that accrued on a restricted stock unit (RSU) award and are settled in common stock. No price or dollar value is reported (price listed as N/A).

Key Details

  • Transaction date: 2026-04-15; Form 4 filed: 2026-04-17 (filed timely).
  • Transaction code: J (other acquisition/disposition). Shares acquired: 409; price: N/A.
  • Shares owned after the transaction: not specified in the provided filing summary.
  • Footnote F1: Dividend equivalent rights accrued on an RSU award; each right equals one share and is settled in common stock.
  • This was a settlement of compensation-related rights (not an open-market purchase).

Context
Dividend-equivalent settlements from RSUs are a common compensation/reinvestment mechanism and are recorded as acquisitions on Form 4. They should be viewed as part of compensation plan mechanics rather than an outright market purchase or sale.