Friedland Michael Lawrence 4
4 · Four Corners Property Trust, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Four Corners (FCPT) Director Michael Friedland Receives 14 Shares
What Happened
- Michael Lawrence Friedland, a director of Four Corners Property Trust (FCPT), was credited with 14 shares on April 15, 2026. The transaction is reported as an "other acquisition" (code J) with price listed as N/A — these shares were issued as dividend equivalent rights settled in common stock, not bought on the open market. This is a routine compensation/settlement event rather than a market purchase.
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-17 (timely filing).
- Shares involved: 14 shares; reported price: N/A (shares issued/settled, not purchased).
- Footnote: These represent dividend equivalent rights that accrued on an RSU award under the award's dividend reinvestment feature and are settled in common stock (Footnote F1).
- Shares owned after transaction: not specified in the provided filing.
- No 10b5-1 plan, sale, or tax-withholding details were reported in the provided excerpt.
Context
- Dividend-equivalent settlements on restricted stock units are a common form of compensation for directors and employees; they reflect reinvested dividends credited as additional shares and do not necessarily indicate insider buying or selling intent.
Insider Transaction Report
Form 4
Friedland Michael Lawrence
Director
Transactions
- Other
Common Stock
[F1]2026-04-15+14→ 973 total
Footnotes (1)
- [F1]Represents dividend equivalent rights that accrued on a restricted stock unit award pursuant to the dividend reinvestment feature of the award. Each dividend equivalent right is the economic equivalent of one share of the registrant's common stock and is settled in common stock.
Signature
/s/ James L. Brat as Attorney-in-Fact for Michael Friedland|2026-04-17