Tennican Elizabeth 4

What Happened

• Elizabeth Tennican (listed in the filing as Tennican Elizabeth), a director of Four Corners Property Trust (FCPT), received 489 shares on 2026-07-15. The transaction is reported as an "other acquisition" (code J); no cash price was paid (price listed as N/A) because these were dividend equivalent rights settled in common stock.

Key Details

• Transaction date: 2026-07-15; Form 4 filed: 2026-07-16 (timely filing).
• Shares received: 489; transaction code: J (other acquisition/disposition).
• Price: N/A (shares settled as dividend equivalents rather than an open-market purchase).
• Footnote: F1 — these 489 shares represent dividend equivalent rights that accrued on a restricted stock unit award under the award’s dividend reinvestment feature; each dividend equivalent equals one share and is settled in common stock.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was not a market purchase or sale but a settlement of dividend equivalent rights on RSUs. Such awards reflect compensation/plan mechanics rather than a director buying or selling stock for investment reasons and are typically routine.