Four Corners Property Trust Inc 2025年度报告

☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December 31, 2025OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromto Commission File Number: 1-37538 FOUR CORNERS PROPERTY TRUST, INC. (Exact name of Registrant as specified in its charter) Maryland47-4456296(State or other jurisdiction of incorporation or organization)(IRS Employer Identification No.) 591 Redwood Highway, Suite 3215, Mill Valley, CA 94941(Address of principal executive offices)Registrant’s telephone number, including area code: (415) 965-8030Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered Title of each class Trading Symbol New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes☐No☒ Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.See definition of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer☒ Emerging growth company☐ Non-accelerated filer☐ Accelerated filer☐ Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 USC. 7262(b)) by the registered public accounting firm that prepared orissued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ The aggregate market value of Common Stock held by non-affiliates of the Registrant, computed by reference to the closing sales price of such shareson the New York Stock Exchange as of the last business day of the Registrant’s most recently completed second fiscal quarter was approximately:$2,719,182,574. Number of shares of Common Stock, par value $0.0001, outstanding as of February 12, 2026: 109,745,042 DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant’s Definitive Proxy Statement for its Annual Meeting of Stockholders to be filed with the Securities and ExchangeCommission no later than April 30, 2026 are incorporated by reference into Part III of this Report. FOUR CORNERS PROPERTY TRUST, INC. FORM 10 - K YEAR ENDED DECEMBER 31, 2025 TABLE OF CONTENTS Part 1 Item 1.BusinessItem 1A.Risk FactorsItem 1B.Unresolved Staff CommentsItem 1C.CybersecurityItem 2.PropertiesItem 3.Legal ProceedingsItem 4.Mine Safety Disclosure Part II Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities25Item 6.Reserved26Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations27Item 7A.Quantitative and Qualitative Disclosures About Market Risk36Item 8.Financial Statements and Supplementary Data36Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosures36Item 9A.Controls and Procedures36Item 9B.Other Information37Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections37 Part III Item 10.Directors, Executive Officers and Corporate Governance37Item 11.Executive Compensation37Item 12.Security Ownership of Certain Owners and Management and Related Stockholder Matters37Item 13.Certain Relationships and Related Transactions, and Director Independence37Item 14.Principal Accounting