HANSEN DOUGLAS B 4

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.