Four Corners Property Trust, Inc. Enters into Equity Distribution Agreement
Four Corners Property Trust, Inc. (the 'Company') and Four Corners Operating Partnership, LP (the 'Operating Partnership') entered into an equity distribution agreement (the 'Equity Distribution Agreement') with several financial institutions, including Morgan Stanley & Co. LLC, Barclays Capital Inc., and others, on October 30, 2025. The agreement allows for the offer and sale of up to $500,000,000 of the Company’s common stock. The shares may be sold through the Managers acting as sales agents or directly to the Managers as principals. The Company may also enter into forward sale agreements with certain Forward Purchasers, which could involve the sale of shares to hedge the Forward Purchasers’ exposure. The net proceeds from the sale of shares will be used for general corporate purposes, including the repayment of outstanding indebtedness, property acquisitions, and capital expenditures. The shares will be offered pursuant to a shelf registration statement filed with the SEC on October 30, 2025.