{"url_path":"/sec/fcpt/8-k/2026-06-01/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/1650132/0001193125-26-250037-index.html","accession_number":"0001193125-26-250037","cik":"0001650132","ticker":"FCPT","issuer_name":"Four Corners Property Trust, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1650132/0001193125-26-250037-index.html","primary_entity_key":"0001650132","primary_entity_name":"Four Corners Property Trust, Inc."},"word_count":664,"has_tables":true,"body_markdown":"Item 8.01 Other Events.\n\n \n\nOn May 29, 2026, FCPT Holdings, LLC, a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the “PSA”) with Shore Capital Real Estate Partners Holdco, LLC (the “Seller”) for the purchase of up to 102 properties operated as veterinary facilities (the “Properties”) for a purchase price of up to $268.0 million (before contractual purchase price adjustments and transaction expenses). All of the Properties are currently operated by Mission Pet Health. The Properties are subject to two triple net master leases for each of 45 and 55 Properties, respectively. The remaining two non-master lease Properties are subject to individual net leases. The Properties have a weighted average term of approximately 10 years remaining.\n\n \n\nThe Company made an initial deposit under the PSA in the amount of approximately $4,000,000, which will be applied to the purchase price upon closing. Closing of the purchase of the Properties is subject to the completion of due diligence and the satisfaction of customary closing conditions. If the Company terminates the PSA before closing, and the termination is not based on the Seller’s failure to satisfy a required condition or a material Seller default, the escrow agent will release the deposit to the Seller. If any of the closing conditions under the PSA are not satisfied by the Seller, the Company may terminates the PSA and receive a refund of the deposit. There can be no assurance that the acquisition of the Properties will be completed in the time frame, on the terms or in the manner currently anticipated, or at all, as a result of a number of factors, including the failure of the parties to satisfy one or more of the conditions to closing. There can be no assurance that the conditions to closing of the acquisition of the Properties will be satisfied or waived or that other events will not intervene to delay or result in the failure to close the acquisition. The PSA may be terminated by the parties thereto under certain circumstances. In addition, certain Properties may not be acquired, or may be acquired on different terms, if certain conditions are not satisfied. Costs associated with acquisition are expensed as incurred, and the Company may be unable to complete an acquisition after making a non-refundable deposit or incurring acquisition-related costs.\n\n \n\nCautionary Note Regarding Forward-Looking Statements\n\n \n\nThis Current Report on Form 8-K contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company’s intent, belief or expectations, including, but not limited to, statements regarding the anticipated consequences and benefits of the transaction and other future events and their potential effects on the Company, including, but not limited to, statements relating to anticipated financial and operating results, the Company’s plans, objectives, expectations and intentions, cost savings and other statements. Words such as “anticipate(s),” “expect(s),” “intend(s),” “plan(s),” “believe(s),” “may,” “will,” “would,” “could,” “should,” “seek(s)” and similar expressions, or the negative of these terms, are intended to identify such forward-looking statements. Forward-looking statements speak only as of the date on which such statements are made and, except in the normal course of the Company’s public disclosure obligations, the Company expressly disclaims any obligation to publicly release any updates or revisions to any forward-looking statements to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which any statement is based. Forward-looking statements are based on management’s current expectations and beliefs and the Company can give no assurance that its expectations or the events described will occur as described. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s most recent annual report on Form 10-K, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission."}