Ogilvie Marran H. 4

What Happened
Ogilvie Marran H., a director of Four Corners Property Trust, received 847 shares on July 15, 2026. The Form 4 reports the transaction as an "other acquisition" (code J) with no cash price reported; a footnote clarifies these shares are dividend equivalent rights credited under a restricted stock unit award and settled in common stock. This is an acquisition (receiving shares), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-15; filing date (Form 4): 2026-07-16 (timely filing).
• Shares acquired: 847; reported price: N/A (settled via dividend equivalents).
• Shares owned after transaction: not reported in the provided filing excerpt.
• Footnote: Dividend equivalent rights accrued on an RSU award under the award's dividend reinvestment feature; each right equals the economic value of one share and is settled in common stock (F1).
• Transaction code: J (other acquisition/disposition) — here used to report dividend-equivalent settlement.

Context
Dividend-equivalent settlements on RSUs are common compensation events and represent issuance/settlement of shares rather than a market purchase. They do not necessarily signal an insider view on the company’s stock price. The filing appears timely (next-business-day filing).