HANSEN DOUGLAS B 4
4 · Four Corners Property Trust, Inc. · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
Four Corners (FCPT) Director Douglas B. Hansen Receives 112 Shares
What Happened
Douglas B. Hansen, a director of Four Corners Property Trust, acquired 112 shares on July 15, 2026. The Form 4 reports the transaction as an "other acquisition" (code J) with no price or cash value listed (N/A). These shares represent dividend equivalent rights that accrued on a restricted stock unit award and were settled in common stock.
Key Details
- Transaction date: 2026-07-15 (Form 4 filed 2026-07-16) — filing appears timely (filed the next day).
- Transaction type/code: Other acquisition (J) — dividend equivalents converted to shares.
- Shares acquired: 112; reported price/value: N/A.
- Shares owned after transaction: not specified in the provided data.
- Footnote: Dividend equivalent rights accrued on an RSU award and are settled in common stock (each right = economic equivalent of one share).
Context
This was not an open-market purchase but a compensation-related settlement (dividend equivalents on RSUs). Such settlements are routine and reflect award terms rather than a director buying stock on the market; they do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
- Other
Common Stock
[F1]2026-07-15+112→ 86,294 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.