Director at FrontView REIT (FVR) awarded 1,104 RSUs as equity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perez Ernesto reported acquisition or exercise transactions in this Form 4 filing.
FrontView REIT, Inc. director Perez Ernesto received a grant of 1,104 restricted stock units (RSUs) tied to the company’s common stock, at a price of $0.00 per unit. These RSUs were issued under the company’s 2024 Omnibus Equity and Incentive Plan.
The RSUs vest in full on the earlier of the first anniversary of the grant date or the day before the company’s first annual stockholders’ meeting that is held at least 50 weeks after issuance, as long as Perez continues to serve the company through that date. After this grant, he directly holds 1,104 RSUs, each representing the contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perez Ernesto
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,104 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,104 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") represent a contingent right to receive shares of the Issuer's common stock ("Shares") on a one-for-one basis, pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan. The RSUs generally vest in full on the earlier of (i) the first anniversary of the date of issuance and (ii) the day before the Issuer's first annual stockholders' meeting that is held at least 50 weeks following the date of issuance, in either case, subject to continued service with the Issuer through the applicable date.
Key Figures
RSUs granted: 1,104 units
Grant price: $0.00 per unit
RSUs outstanding after grant: 1,104 units
3 metrics
RSUs granted
1,104 units
Restricted Stock Units granted to director on acquisition date
Grant price
$0.00 per unit
RSU grant under 2024 Omnibus Equity and Incentive Plan
RSUs outstanding after grant
1,104 units
Total RSUs directly held by Perez Ernesto following transaction
Key Terms
Restricted Stock Units, contingent right, 2024 Omnibus Equity and Incentive Plan, vest in full
4 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") represent a contingent right to receive shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"RSUs represent a contingent right to receive shares of the Issuer's common stock"
2024 Omnibus Equity and Incentive Plan financial
"pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan"
vest in full financial
"The RSUs generally vest in full on the earlier of (i) the first anniversary"
FAQ
What insider transaction did FrontView REIT (FVR) disclose for Perez Ernesto?
FrontView REIT disclosed that director Perez Ernesto received a grant of 1,104 restricted stock units. These RSUs represent a contingent right to receive common shares on a one-for-one basis under the 2024 Omnibus Equity and Incentive Plan.
How many restricted stock units did Perez Ernesto receive from FrontView REIT (FVR)?
Perez Ernesto received 1,104 restricted stock units from FrontView REIT. Each unit represents a contingent right to receive one share of common stock, giving him potential future ownership of 1,104 shares if vesting conditions are met.
What are the vesting terms of Perez Ernesto’s RSUs at FrontView REIT (FVR)?
The RSUs generally vest in full on the earlier of the first anniversary of issuance or the day before the first annual stockholders’ meeting held at least 50 weeks after issuance, provided Perez continues serving the company through that date.
Did Perez Ernesto pay anything for the 1,104 RSUs from FrontView REIT (FVR)?
No, the 1,104 restricted stock units were granted at a price of $0.00 per unit. This indicates they are part of equity-based compensation, issued under FrontView REIT’s 2024 Omnibus Equity and Incentive Plan for service as a director.
How many FrontView REIT (FVR) RSUs does Perez Ernesto hold after this Form 4?
After this grant, Perez Ernesto holds 1,104 restricted stock units directly. Each RSU represents a contingent right to receive one share of FrontView REIT’s common stock, subject to the specified vesting and continued service conditions.