Form 4: Phillips Edison & Company Director, Gregory S. Wood, Receives Stock Grant

Director Gregory S. Wood of Phillips Edison & Company received a grant of 3,290 shares of restricted common stock on May 1, 2025.

Summary

• Gregory S. Wood, a director at Phillips Edison & Company, received 3,290 shares of restricted common stock on May 1, 2025.
• The shares were granted as part of his compensation.
• These shares will 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, Wood directly owns 27,321 shares of Phillips Edison & Company common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Future Outlook

The vesting of the restricted stock is contingent upon continued service, suggesting an expectation of Wood's ongoing involvement with Phillips Edison & Company.

Industry Context

Stock grants are a common form of executive compensation, particularly for directors, to align their interests with the long-term performance of the company. This practice is widespread across publicly traded companies.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns the director's interests with the company's long-term success.
• The director is incentivized to continue contributing to the company's performance.

Key Dates

Keywords

Phillips Edison & Company, Director, Gregory S. Wood, Stock Grant, Restricted Stock, Beneficial Ownership, PECO