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Four Corners Property Trust (FCPT) CFO logs stock grant and tax shares

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Four Corners Property Trust Chief Financial Officer Patrick L. Wernig reported two common stock transactions dated January 22, 2026. He acquired 3,279 shares of common stock at a price of $0, consistent with a share grant tied to vesting. On the same date, 6,981 common shares were surrendered to the issuer at $24.28 per share to satisfy tax withholding obligations in connection with the issuance of vested shares. Following these transactions, he directly beneficially owned 132,229 shares of Four Corners Property Trust common stock.

Positive

  • None.

Negative

  • None.
Insider Wernig Patrick L.
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock 3,279 $0.00 --
Tax Withholding Common Stock 6,981 $24.28 $169K
Holdings After Transaction: Common Stock — 139,210 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wernig Patrick L.

(Last) (First) (Middle)
591 REDWOOD HIGHWAY
SUITE 3215

(Street)
MILL VALLEY CA 94941

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Four Corners Property Trust, Inc. [ FCPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/22/2026 A 3,279 A $0 139,210 D
Common Stock 01/22/2026 F 6,981 D $24.28(1) 132,229 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the issuance of vested common shares.
/s/ James L. Brat as Attorney-in-Fact for Patrick L. Wernig 01/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did FCPT's CFO report on January 22, 2026?

FCPT Chief Financial Officer Patrick L. Wernig reported acquiring 3,279 shares of common stock at $0 and surrendering 6,981 shares at $24.28 per share to the issuer to cover tax withholding obligations tied to vested shares.

How many Four Corners Property Trust (FCPT) shares does the CFO hold after these transactions?

After the reported transactions, Patrick L. Wernig directly beneficially owned 132,229 shares of Four Corners Property Trust common stock.

What does the Form 4 tax withholding transaction mean for FCPT's CFO?

The Form 4 notes that 6,981 common shares were surrendered to the issuer at $24.28 per share to satisfy tax withholding obligations related to the issuance of vested common shares, which is a common mechanism for covering taxes on equity compensation.

Was the FCPT CFO’s share acquisition a market purchase?

The 3,279 shares reported with a transaction code "A" were acquired at a price of $0, indicating they were received as a grant or issuance rather than purchased on the open market.

Is the FCPT CFO’s ownership classified as direct or indirect after the transactions?

The Form 4 classifies Patrick L. Wernig’s post-transaction ownership of 132,229 common shares as direct (D) beneficial ownership.

What does transaction code "F" signify in the FCPT Form 4 filing?

Transaction code "F" in this Form 4 refers to shares withheld or surrendered to the issuer to satisfy tax withholding obligations in connection with the issuance of vested common shares, as described in the footnote.

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2.61B
108.37M
REIT - Retail
Real Estate Investment Trusts
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United States
MILL VALLEY