Four Corners Property Trust: director Jemley Charles received 266 shares

What happened Jemley Charles, a director of Four Corners Property Trust, received 266 shares on Oct 15, 2026. The Form 4 lists the transaction as an other acquisition or disposition (code J); the reported price is N/A and no total value is provided. The filing includes a footnote that these shares represent dividend equivalent rights settled in common stock.

Key details

• Transaction date and price: Oct 15, 2026; price reported as N/A; transaction code J (other acquisition or disposition).
• Shares received: 266 shares.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnote (F1): represents dividend equivalent rights that accrued on a restricted stock unit award pursuant to the dividend reinvestment feature of the award; each dividend equivalent right is the economic equivalent of one share and is settled in common stock.
• Form 4 filed Oct 16, 2026 (accession 0001193125-26-424280).

Why it may matter The filing shows a settlement of dividend equivalent rights from a restricted stock unit award rather than an open-market purchase or sale. A filing does not show why the insider traded or why the company acted.