Lenehan William H 4

What Happened

• William H. Lenehan, President & CEO and a director of Four Corners Property Trust (FCPT), reported acquisitions of 98 shares and 1,868 shares (total 1,966) on April 15, 2026. Both transactions are listed as "Other acquisition or disposition (J)" and show price as N/A. Footnotes indicate these represent dividend-equivalent rights tied to restricted stock awards and were settled in common stock (no cash purchase).

Key Details

• Transaction dates: April 15, 2026 (reported on Form 4 filed April 17, 2026).
• Shares acquired: 98 shares (footnote F2) and 1,868 shares (footnote F1), total 1,966 shares.
• Price/Value: N/A — shares were issued/settled as dividend equivalents, not bought on the open market.
• Shares owned after the transaction: not reported in the details provided.
• Footnotes:
  • F1: Dividend equivalent rights accrued on a restricted stock unit award; settled in common stock.
  • F2: Dividend accrued on a restricted stock award pursuant to dividend reinvestment; settled in stock.
• Filing timeliness: Form 4 filed April 17 for April 15 transactions — appears to be timely (within the two-business-day reporting window).

Context

• These were non-cash issuances (dividend-equivalent settlements) tied to equity awards, not open-market purchases or sales. Such transactions reflect dividend reinvestment or award settlement mechanics rather than an active buy/sell decision by the insider.