HANSEN DOUGLAS B 4

What Happened

• Douglas B. Hansen, a director of Four Corners Property Trust, received 104 shares on April 15, 2026. The Form 4 lists the transaction as an "Other acquisition or disposition (J)" and shows no cash price — this was a non-cash settlement of dividend-equivalent rights tied to a restricted stock unit (RSU) award, not an open-market purchase.

Key Details

• Transaction date: 2026-04-15
• Transaction type/code: Other acquisition (J) — dividend-equivalent settlement of RSUs
• Shares involved: 104 shares received
• Price / dollar value: Not reported (N/A) on the Form 4
• Shares owned after transaction: Not specified on the filing
• Footnote: The filing notes (F1) that these are dividend equivalent rights that accrued under an RSU award and are settled in common stock (each right equals one share).
• Filing timeliness: Form 4 filed 2026-04-17 — appears to be filed within the routine reporting window.

Context

• Dividend-equivalent settlements convert accrued dividend rights on RSUs into shares and are a non-cash compensation/settlement event; they do not indicate an open-market buy or sell by the insider. Such awards are common and typically reflect equity compensation mechanics rather than a director signaling a market view.