Director Douglas B Hansen bought 1,984 shares of FCPT at $23.64 on Oct 31; stock down 20.4% from 52-week high, director's prior two FCPT buys both showed positive 90-day returns.
HANSEN DOUGLAS B, a director of Four Corners Property Trust, purchased 1,984 shares at $23.64, expanding his holdings to 78,247 shares. The purchase occurs as the stock trades 20.4% below its 52-week high of $29.71 and down 7.3% over the past 90 days, representing a depressed entry point relative to recent history. His prior transaction history at FCPT is notably favorable: both of his two prior buys at this ticker, executed on 2023-11-07, returned +15.7% over 30 days and +5.6% over 90 days, demonstrating well-timed accumulation in the past. While his cross-ticker track record across all open-market activity shows 2 buys with an average 90-day return of +5.6% and a 100% win rate, the same-ticker evidence at FCPT specifically—where both prior purchases preceded gains—suggests this director has identified entry points that subsequent price action validated. The current purchase at a 52-week low warrants attention given that historical pattern.