Four Corners (FCPT) Director Michael Friedland Receives Award

What Happened
Michael L. Friedland, a director of Four Corners Property Trust, Inc. (FCPT), was credited with 37 shares on 2026-09-15. The Form 4 reports the transaction as an award/acquisition (code A); no per-share price or total dollar value is listed (N/A). A footnote clarifies these shares represent dividend equivalent rights settled in common stock from a restricted stock unit (RSU) award.

Key Details

• Transaction date: 2026-09-15 (reported on Form 4 filed 2026-09-16) — filing appears timely.
• Transaction type/code: Award/Grant (A).
• Shares received: 37 shares. Price/total value: N/A (not disclosed in the filing).
• Shares owned after transaction: not specified in the information provided.
• Footnote: F1 — these are dividend equivalent rights accrued on an RSU and settled in common stock (each right equals one share).
• No 10b5-1 plan, tax withholding, or late-filing flag is indicated in the provided filing.

Context
This was a settlement of dividend equivalents on RSUs (a form of compensation/DRIP-style reinvestment), not an open-market purchase or sale. Such awards are common as part of executive/director compensation and do not by themselves indicate insider buying or selling intent.