Company: FVR
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0000950170-25-042774
Chunk: 217

Company: FrontView REIT, Inc.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 8
Chunk 217
---
 to the cash dividends paid with respect to the corresponding number of common shares to be issued in respect of the RSUs. The vesting terms of these grants are specific to the individual grant, with a maximum term of 5 years, are subject to the holder's continued service through the applicable vesting dates, and in accordance with the terms of the individual grant agreements. These grants vest over a remaining weighted average period of 2.5 years. The weighted average value of grants during the year ended December 31, 2024, was $19.00, which was based on the market price per share of the Company's Common Stock on the grant date.

80

The following table presents one-time grant of RSU activity during the year ended December 31, 2024:  

        December 31, 2024

        (in thousands, except per share amounts)
         
        Number of Shares

        Weighted Average Grant Date Fair Value per Share

        Unvested RSU grants outstanding as of October 3, 2024

        —

        —

        Granted during the period

        557

        19.00

        Vested during the period

        —

        —

        Forfeited during the period

        (1
        )

        19.00

        Unvested RSU grants outstanding as of December 31, 2024

        556

        19.00

11. EARNINGS PER SHAREThe following table summarizes the components used in the calculation of basic and diluted earnings per share ("EPS"): 

        Successor

        (in thousands, except per share amounts)
         
        Period from October 3, 2024 through December 31, 2024

        Basic earnings:

        Net loss attributable to FrontView REIT, Inc. common    shareholders
         
        $
        (2,997
        )

        Less: loss allocated to participating unvested restricted stock units

        (120
        )

        Net loss used to compute basic earnings per common share
         
        $
        (3,117
        )

        Diluted earnings:

        Net loss used to compute basic earnings per common share
         
        $
        (3,117
        )

        Add: net loss attributable to non-controlling interests

        (1,825
        )

        Net earnings used to compute diluted earnings per common share
         
        $
        (4,942
        )