Form 4: Director Stock Grant at Phillips Edison & Company

Stephen R. Quazzo, a Director at Phillips Edison & Company, Inc. (PECO), received a grant of 2,901 shares of common stock.

Summary

• Stephen R. Quazzo, a Director of Phillips Edison & Company, Inc. (PECO), was granted 2,901 shares of common stock on May 12, 2026.
• These shares are subject to vesting conditions, with full vesting occurring on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders that is at least 50 weeks after the prior year's annual meeting.
• Following this transaction, Mr. Quazzo beneficially owns 50,336 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard stock grant to a director rather than a significant financial event or strategic shift.

Positives

• Director Quazzo received a stock grant, indicating continued investment and alignment with the company's performance.
• The grant of 2,901 shares of common stock represents a tangible incentive for the director.

Risks

• The vesting of the granted shares is contingent upon continued service, meaning a departure before the vesting date would result in forfeiture.
• The value of the granted shares is subject to market fluctuations until vested and sold.

Future Outlook

The future outlook for the granted shares depends on the company's performance and the director's continued service, as the shares will vest on a specified schedule.

Industry Context

StockSavvy.ai notes that grants of restricted stock to directors are a common practice in the real estate investment trust (REIT) sector, like Phillips Edison & Company, to align executive and director interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The grant aligns director incentives with long-term company performance, potentially benefiting shareholders if the stock price increases.
• Director Quazzo: Receives equity compensation that vests over time, providing a financial incentive tied to the company's success.

Next Steps

• Vesting of the granted shares on the specified dates, contingent on continued service.
• Potential sale of vested shares by the reporting person.

Key Dates

Keywords

Phillips Edison & Company, PECO, Form 4, Stock Grant, Director Compensation, Beneficial Ownership, Restricted Stock, Vesting Schedule