John S Moody, Director at Four Corners Prop (NYSE:FCPT), executed a substantial insider sell on June 12, according to an SEC filing.
What Happened: Moody's decision to sell 7,230 shares of Four Corners Prop was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $177,568.
The latest market snapshot at Thursday morning reveals Four Corners Prop shares down by 0.0%, trading at $24.29.
Get to Know Four Corners Prop Better
Four Corners Property Trust Inc is a real estate investment trust predominantly engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates majority of the revenue from the real estate operations segment.
Understanding the Numbers: Four Corners Prop's Finances
Revenue Growth: Four Corners Prop's remarkable performance ...