Form 4: Phillips Edison & Company Director Jane Silfen Reports Acquisition and Disposal of Common Stock

Director Jane Silfen reports acquisition of 3,364 shares of common stock and disposal of shares, resulting in beneficial ownership of 18,567 shares.

Summary

• On April 30, 2024, Jane Silfen, a director of Phillips Edison & Company, acquired 3,364 shares of common stock.
• These shares were acquired at a price of $0.
• On the same day, Silfen disposed of shares.
• Following these transactions, Silfen beneficially owns 18,567 shares of Phillips Edison & Company.
• The acquired shares are restricted common stock that 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, subject to continued service.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment.

Future Outlook

The restricted common stock will vest on the earlier of (i) the first anniversary of the date of grant, or (ii) on the date of the next annual meeting of stockholders that is at least 50 weeks after the immediately preceding year's annual meeting, subject to continued service through the applicable vesting date.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates