Form 4: Four Corners Property Trust Director John S. Moody Acquires Additional Shares
SEC Form 4 Filing
Director John S. Moody of Four Corners Property Trust, Inc. (FCPT) purchased 7,230 shares of common stock at a weighted average price of $24.56 on June 12, 2024.
Summary
- On June 12, 2024, John S. Moody, a director of Four Corners Property Trust, Inc. (FCPT), acquired 7,230 shares of the company's common stock.
- The shares were purchased at a weighted average price of $24.56.
- The transactions occurred in multiple purchases with prices ranging from $24.13 to $24.61.
- Following the reported transaction, Moody directly owns 61,108 shares of FCPT common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the impact is likely to be minimal.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Directors purchasing shares in their own company is a common occurrence. It is generally seen as a positive sign, but the impact on the stock price can vary depending on the size of the purchase and the overall market sentiment.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of transaction: John S. Moody purchased 7,230 shares of FCPT common stock. |
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