Form 4: Elizabeth Fischer Receives Stock Grant from Phillips Edison & Company, Inc.

Director Elizabeth Fischer received a grant of 3,290 shares of restricted common stock from Phillips Edison & Company, Inc. on May 1, 2025.

Summary

• On May 1, 2025, Elizabeth Fischer, a director of Phillips Edison & Company, Inc. (PECO), received 3,290 shares of restricted common stock.
• The shares were granted as compensation and vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of stockholders that is at least 50 weeks after the immediately preceding year's annual meeting, contingent upon continued service.
• Following the transaction, Fischer beneficially owns 21,857 shares of PECO common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock grant) and doesn't contain any alarming or negative information. It's a standard part of executive compensation, suggesting stability and alignment of interests.

Positives

• The stock grant aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes continued service and commitment to the company.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Stock grants are a common form of executive compensation in publicly traded companies, particularly for directors. They are used to align the interests of management with those of shareholders and incentivize long-term value creation.

Comparison to Industry Standards

• Stock grants for directors vary widely based on company size, industry, and individual performance.
• Comparing the size of this grant to those of directors at similar REITs (Real Estate Investment Trusts) like Simon Property Group (SPG) or Public Storage (PSA) would provide a benchmark.
• Typical director compensation packages often include a mix of cash retainers, stock options, and restricted stock units.

Stakeholder Impact

• The stock grant could have a slightly dilutive effect on existing shareholders, but it is intended to incentivize the director to act in their best interests.
• The grant does not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, beneficial ownership, stock grant, restricted stock, PECO, Phillips Edison & Company, Elizabeth Fischer, director