Four Corners Property Trust (FCPT) Director Douglas Hansen Receives 38 Shares

What Happened

Douglas B. Hansen, a director of Four Corners Property Trust (FCPT), was credited with 38 shares on August 17, 2026. The transaction is reported as an "other acquisition or disposition (J)" and reflects dividend equivalent rights settled in common stock; no per-share price or total dollar value is reported.

Key Details

• Transaction date: 2026-08-17; Form 4 filed 2026-08-19 (appears timely).
• Transaction code: J (other acquisition/disposition).
• Shares acquired: 38; Price per share: N/A; Total value: N/A.
• Shares owned after transaction: not provided in the supplied filing details.
• Footnote: The shares represent dividend equivalent rights accrued on a restricted stock unit (RSU) award under a dividend reinvestment feature; each right equals one share and is settled in common stock (see footnote F1).

Context

This was not an open-market purchase but a settlement of dividend equivalents tied to an RSU award—effectively the reinvestment of dividends into common stock. Such settlements are routine and reflect equity compensation mechanics rather than a director buying additional stock with new cash. Transaction code J is commonly used for nonstandard acquisitions such as derivative settlements.