Lenehan William H 4

What Happened
William H. Lenehan, President & CEO and a director of Four Corners Property Trust, Inc. (FCPT), purchased 3,961 shares on 2026-05-05. The weighted-average price was $25.23 per share, for a total transaction value of approximately $99,919. This was a purchase (Code P), which is typically interpreted as a direct insider buy rather than a sale.

Key Details

• Transaction date: 2026-05-05; Form filed: 2026-05-06 (timely; Form 4 is generally due within 2 business days).
• Transaction type: Open-market or private purchase (Code P).
• Shares purchased: 3,961 at a weighted-average price of $25.23; total ≈ $99,919.
• Price range: purchases executed at prices between $25.21 and $25.24 (weighted average reported); reporting person offers to provide a breakdown of quantities at each price on request (Footnote F1).
• Shares owned after transaction: not disclosed in the provided filing.
• No 10b5-1 plan, tax withholding, or option exercise indicated in this filing.

Context
Insider purchases can be seen as a positive signal since executives are buying company stock, but they are not proof of future performance. This filing documents direct purchases by the CEO rather than option exercises, gifts, or tax-withholding-related transfers.