Form 4: Four Corners Property Trust Director Acquires Additional Shares Through Dividend Reinvestment

Director Marran H. Ogilvie acquired 574 shares of Four Corners Property Trust through a dividend reinvestment program.

Summary

• On July 15, 2024, Marran H. Ogilvie, a director of Four Corners Property Trust, Inc. (FCPT), acquired 574 shares of common stock.
• The acquisition was made through a dividend reinvestment feature of a restricted stock unit award.
• The price per share is not explicitly stated in the document.
• Following the transaction, Ogilvie directly owns 51,070 shares of FCPT common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company through dividend reinvestment, indicating confidence. It's a routine transaction, so the impact is moderate.

Positives

• The director's participation in the dividend reinvestment program signals confidence in the company's future.

Industry Context

Directors commonly participate in dividend reinvestment programs, which is a standard practice.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates