Four Corners Property Trust: director Michael Friedland received 862 shares

What happened Michael Lawrence Friedland, a director of Four Corners Property Trust, received 818 shares as an award on Oct 14, 2026, at $0.00 per share for a total of $0, and acquired 44 shares on Oct 15, 2026 with the value reported as N/A. The Oct 14 entry is coded A (award/grant) and the Oct 15 entry is coded J (other acquisition/disposition).

Key details

• Transaction dates and prices: Oct 14, 2026 — 818 shares @ $0.00 (Acquired) = $0; Oct 15, 2026 — 44 shares @ N/A (Acquired) = N/A.
• Shares owned after the transaction: not reported in the filing.
• Footnote F1: the 818 shares represent dividend equivalent rights that accrued on a restricted stock unit award pursuant to the award’s dividend reinvestment feature; each dividend equivalent right is the economic equivalent of one share and is settled in common stock.
• Form 4 filed on Oct 16, 2026.
• Transaction codes: A (award/grant) and J (other acquisition/disposition).

Why it may matter

• The Oct 14 entry reflects settlement of dividend equivalent rights tied to an RSU award, per the footnote; the Oct 15 entry is an other acquisition.
  A filing does not show why the insider traded or why the company acted.