Four Corners (FCPT) Director Tennican Receives 166 Shares as Dividends

What Happened

• Elizabeth Tennican, a director of Four Corners Property Trust (FCPT), was credited with 166 shares on August 17, 2026. The filing reports this as an "other acquisition or disposition" (transaction code J) and lists no per-share price or total value.
• The shares represent dividend equivalent rights that accrued on a restricted stock unit (RSU) award and are settled in common stock, not an open-market purchase — a routine equity-settlement event rather than a market buy.

Key Details

• Transaction date: 2026-08-17; filed on 2026-08-19.
• Transaction type/code: Other acquisition (J) — dividend-equivalent settlement of RSUs.
• Price / Total value: N/A (settled in stock; no cash price reported).
• Shares received: 166.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — each dividend equivalent right equals the economic value of one common share and is settled in common stock.
• Filing timeliness: Filing appears timely (reported two days after the transaction); no late-filing flag noted.

Context

• This was a non-market settlement of dividend equivalents on RSUs. Such issuances increase insider share count but do not indicate an open-market purchase or sale decision by the insider.