Welcome to our dedicated page for Four Corners Ppty Tr SEC filings (Ticker: FCPT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to SEC filings for Four Corners Property Trust, Inc. (FCPT), a Maryland-incorporated real estate investment trust listed on the New York Stock Exchange. Through these filings, investors can review how FCPT describes its business of owning, acquiring and leasing restaurant and retail properties, as well as its capital markets and governance activities.
Key documents available here include Form 8-K current reports, where FCPT discloses material events such as results of operations and financial condition, entry into material definitive agreements and other significant developments. For example, 8-K filings describe quarterly earnings press releases and supplemental financial and operating information, indemnification agreements with independent directors and an equity distribution agreement that allows FCPT to offer and sell shares of its common stock and enter into forward sale agreements.
Users can also find references to FCPT’s registration statements, such as a Form S-3 shelf registration, and related exhibits that address topics like United States federal income tax considerations for the REIT. These filings outline the legal and structural framework under which FCPT operates, including its intention to maintain qualification as a real estate investment trust.
Stock Titan enhances these regulatory documents with AI-powered summaries that highlight the main points of lengthy filings, helping readers quickly understand items such as equity distribution arrangements, use of proceeds, indemnification provisions and investor communication practices. Real-time updates from the SEC’s EDGAR system ensure that new FCPT filings, including future 10-K annual reports, 10-Q quarterly reports, 8-K current reports and any Form 4 insider transaction reports, are incorporated as they become available. This allows investors to review FCPT’s official disclosures in one place and to interpret complex legal and financial language with the aid of AI-generated explanations.
Four Corners Property Trust, Inc. appointed Michael Friedland, aged 66, to its Board of Directors effective April 1, 2026, with a term expiring at the 2026 annual meeting of stockholders. The Board determined he is an independent director under New York Stock Exchange listing standards.
Friedland will serve on the Investment Committee and the Nominating and Governance Committee and receive standard non-employee director compensation, prorated from his start date. With his addition, the Board will have eight members, seven of whom are independent, with 50% female representation and 25% from underrepresented groups.
He brings more than 30 years of experience in corporate and real estate finance and most recently served as Vice Chair of Global Corporate Banking at JPMorgan Chase Bank, N.A. until his retirement in March 2026, following multiple senior roles in real estate and leveraged finance.
Four Corners Property Trust Inc ownership update: The Vanguard Group amended its Schedule 13G to report 0 shares beneficially owned, representing 0% of the common stock as of the filing. The amendment reflects an internal realignment completed on January 12, 2026 and disaggregation of Vanguard subsidiaries under SEC Release No. 34-39538.
The filing lists Vanguard's address and is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026. The statement indicates no sole or shared voting or dispositive power over the reported shares.
Four Corners Property Trust, Inc. Chief Accounting Officer Niccole Stewart reported an open-market sale of 2,427 shares of common stock on March 13, 2026 at a weighted average price of $25.9655 per share. After this transaction, Stewart directly holds 22,568 shares. The shares were sold in multiple trades between $25.96 and $25.98 per share.
Four Corners Property Trust, Inc. President and CEO William H. Lenehan purchased 3,924 shares of common stock in an open-market transaction on March 11, 2026 at a weighted average price of $25.4453 per share. According to a footnote, individual trade prices ranged from $25.41 to $25.46. Following this purchase, he directly owns 769,769 shares of Four Corners Property Trust common stock.
Four Corners Property Trust, Inc. President and CEO William H. Lenehan reported an open-market purchase of common stock. He bought 7,865 shares on March 6, 2026 at a weighted average price of $25.491 per share, through multiple trades between $25.42 and $25.57. Following this transaction, his directly held stake increased to 765,845 shares of common stock.
Four Corners Property Trust, Inc. President and CEO William H. Lenehan reported an open-market purchase of 10,080 shares of common stock on February 18, 2026. The weighted average purchase price was $24.7342 per share, from multiple trades between $24.6739 and $24.85. Following this transaction, his direct holdings increased to 757,980 shares of Four Corners common stock.
Four Corners Property Trust director Toni Steele reported an open-market sale of common stock. On 02/17/2026, Steele sold 815 shares of Four Corners Property Trust, Inc. at a price of $24.4901 per share. After this transaction, Steele directly holds 25,343 shares of the company’s common stock.
Four Corners Property Trust files its annual report detailing a net-lease REIT focused on restaurant and retail properties. In 2025 it invested $325.5 million to acquire 105 properties and ground leasehold interests totaling about 713,900 square feet.
As of December 31, 2025, the portfolio comprised 1,303 free-standing properties across 48 states with 8.8 million square feet, 99.6% occupancy, a 6.9-year weighted average remaining lease term and average annual rent escalations of 1.5% through 2030. Annual cash base rent was $264.2 million, with 53% of rent from investment-grade tenants.
Darden remains the primary tenant, with Olive Garden alone representing 31.7% of cash base rent and total Darden leases generating about $118.2 million of annual cash rent. The company highlights concentration and restaurant-industry risks, as well as geographic exposure with Texas contributing 10.0% of annual base rent.
FCPT reports unsecured term loans totaling $590 million and $625 million of senior fixed-rate notes with staggered maturities through 2033, plus a $350 million undrawn revolving credit facility. It holds investment-grade ratings from Fitch and Moody’s and operates an UPREIT structure and a small franchised restaurant business (Kerrow) with 451 of its 496 employees.
Four Corners Property Trust reported higher 2025 earnings and continued portfolio growth. For the fourth quarter, rental revenue rose 11.6% year over year to $67.8 million, and net income attributable to common shareholders increased to $29.4 million, or $0.28 per diluted share.
For the full year 2025, net income attributable to common shareholders was $112.4 million, or $1.09 per diluted share, up from $100.5 million, or $1.07 per diluted share, in 2024. AFFO per diluted share grew to $1.78 and NAREIT FFO per diluted share reached $1.68.
The company invested about $317.9 million across 105 properties in 2025 at an initial weighted average cash yield of 6.8%, ending the year with 1,303 properties that were 99.6% occupied and a 6.9‑year weighted average remaining lease term. Rent collections remained very strong at 99.5% for the fourth quarter and 99.8% for the full year.
FCPT declared a fourth‑quarter 2025 dividend of $0.3665 per share, a 3.2% increase over the prior quarter. At December 31, 2025, the company reported net debt to adjusted EBITDAre of 5.1x (4.9x including forward equity), with approximately $402 million of available liquidity and 98% of debt effectively fixed-rate.
Four Corners Property Trust received an amended ownership report showing that FMR LLC and Abigail P. Johnson beneficially own 9,658,344.27 shares of its common stock, representing 9.1% of the class as of December 31, 2025.
FMR LLC has sole voting power over 9,326,603 shares and sole dispositive power over 9,658,344.27 shares. Abigail P. Johnson holds sole dispositive power over the same 9,658,344.27 shares but no voting power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.