{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-100657","form_type":"8-K","ticker":"FCPT","cik":"0001650132","company_name":"Four Corners Property Trust, Inc.","filed_at":"2024-08-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.960457+00:00","generated_at":"2026-05-31T07:24:55.238136+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FCPT buys $66.4M Bloomin' portfolio, raises $148M equity via ATM, Darden now <50% of rent","bullets":["Acquired 20 Outback and Carrabba's restaurants from Bloomin' Brands for $66.4M; cap rate accretive on day one.","Raised ~$148M equity via ATM in Q3-to-date ($156M YTD); ~$41M available for forward settlement, leverage at 5.3x.","Fully paid down revolver, $250M undrawn; no debt maturities until Nov 2025.","Darden now under 50% of base rent; Olive Garden down to 35% from 74% at inception.","2024 YTD acquisitions $132M at 7.2% cap rate; portfolio ABR $228.7M across 1,176 leases."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-100657","json":"https://secwatch.observer/filing/0000950170-24-100657.json","markdown":"https://secwatch.observer/filing/0000950170-24-100657.md","text":"https://secwatch.observer/filing/0000950170-24-100657.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650132/000095017024100657/0000950170-24-100657-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650132/000095017024100657/fcpt-20240826.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T07:24:55.238136+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}