secwatch.observer — SEC 8-K summary
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Issuer:     Four Corners Property Trust, Inc. (FCPT)
CIK:        0001650132
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001650132-24-000080
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650132/000165013224000080/0001650132-24-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650132/000165013224000080/fcpt-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001650132-24-000080

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