SCHEDULE: FMR LLC Discloses 7.9% Stake in Four Corners PPTY TR INC
Schedule 13G Filing
FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 7.9% in Four Corners Property Trust Inc. as of March 31, 2026.
Summary
- FMR LLC and Abigail P. Johnson, through various entities, collectively beneficially own 8,649,696.59 shares of Four Corners Property Trust Inc. common stock.
- This represents 7.9% of the class of securities outstanding as of March 31, 2026.
- FMR LLC holds sole voting power for 8,274,347.20 shares and sole dispositive power for 8,649,696.59 shares.
- Abigail P. Johnson has sole dispositive power for 8,649,696.59 shares.
- The filing is an amendment (Amendment No. 13) to a Schedule 13G.
- The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of a passive investment stake by a major institutional investor and does not contain new strategic information or performance data.
Positives
- Significant beneficial ownership stake of 7.9% indicates substantial investor confidence or strategic interest in Four Corners Property Trust Inc.
Risks
- The filing does not explicitly mention any risks associated with the ownership stake.
Future Outlook
The filing does not contain specific forward-looking statements or guidance regarding future share acquisition or disposition plans beyond the certification of ordinary course of business.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
Industry Context
StockSavvy.ai notes that a Schedule 13G filing indicates a passive investment stake, typically held by institutional investors like FMR LLC, rather than an activist or controlling interest. This filing suggests FMR LLC views Four Corners Property Trust Inc. as a strategic investment within the real estate investment trust (REIT) sector.
Stakeholder Impact
- Shareholders: The filing confirms a significant institutional investor's passive stake, which can be viewed positively for stability, but does not directly impact current operations or immediate shareholder value.
Next Steps
- Continued monitoring of FMR LLC's stake in Four Corners Property Trust Inc. for any changes in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 04/13/2026 | Effective date of Power of Attorney for FMR LLC and Abigail P. Johnson. |
| 03/31/2026 | Date of Event Which Requires Filing of this Statement (Reporting period end date). |
| 04/29/2026 | Date of previous Schedule 13G filing by FMR LLC. |
| 05/05/2026 | Date of filing of this Schedule 13G amendment. |
Keywords
Schedule 13G, FMR LLC, Abigail P. Johnson, Four Corners Property Trust Inc., Beneficial Ownership, Common Stock, Investment Management, SEC Filing
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