Lenehan William H 4

What Happened

• William H. Lenehan, President & CEO and Director of Four Corners Property Trust (FCPT), recorded two acquisitions on July 15, 2026 totaling 1,981 shares. The filings show 98 shares and 1,883 shares were acquired; no per-share cash price is reported because the shares were settled in stock rather than bought for cash.
• These issuances came from dividend-related adjustments to equity awards (dividend equivalent rights on RSUs and dividends on restricted stock), so this is an issuance/settlement, not an open-market purchase.

Key Details

• Transaction date: 2026-07-15; Form 4 filed 2026-07-16 (timely filing).
• Shares acquired: 98 (footnote F1) + 1,883 (footnote F2) = 1,981 total.
• Price: N/A — shares were settled in stock via dividend reinvestment (no cash exchanged).
• Footnotes: F1 = dividend equivalent rights from RSU award settled in common stock; F2 = dividend on restricted stock settled via reinvestment.
• Shares owned after transaction: not specified in the provided data.

Context

• These are dividend-reinvestment/award settlements (SEC transaction code J), which reflect issuance of shares tied to existing equity awards rather than a CEO buying stock on the open market. Such transactions are generally routine and do not necessarily signal a change in insider sentiment.