---
schema_version: "secwatch.filing_event.v1"
accession: "0001650132-24-000080"
form_type: "8-K"
ticker: "FCPT"
cik: "0001650132"
company_name: "Four Corners Property Trust, Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:10:11.863997+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Four Corners Property Trust appoints Patrick Wernig as CFO; base salary $420,000

## Summary
- Patrick Wernig promoted from Managing Director of Acquisitions to CFO and Treasurer effective May 3, 2024.
- Wernig receives $420,000 annual base salary, 70% target bonus, and $520,000 annual long-term incentive award target.
- Board approved one-time RSU grant of $300,000 with three-year cliff vesting for Wernig's promotion.
- Outgoing CFO Gerald R. Morgan continues as Advisor under the Transition Agreement disclosed March 7, 2024.

## SEC filing metadata
- accession: 0001650132-24-000080
- form_type: 8-K
- ticker: FCPT
- cik: 0001650132
- company_name: Four Corners Property Trust, Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000080/0001650132-24-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000080/fcpt-20240503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001650132-24-000080
- JSON: https://secwatch.observer/filing/0001650132-24-000080.json
- Plain text: https://secwatch.observer/filing/0001650132-24-000080.txt

## Key facts
- Executive change
  Gerald R. Morgan departed as Chief Financial Officer at Four Corners Property Trust, Inc..
  - Action: stepped down
  - Role: Chief Financial Officer
  source text: Mr. Wernig replaces Gerald R. Morgan as Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000080/0001650132-24-000080-index.htm
- Executive change
  Patrick Wernig was appointed as Chief Financial Officer and Treasurer at Four Corners Property Trust, Inc..
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: On May 3, 2024, Four Corners Property Trust, Inc. (the “Company”) announced the appointment of Patrick Wernig, age 36, as Chief Financial Officer and Treasurer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650132/000165013224000080/0001650132-24-000080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.