Form 4: Phillips Edison & Company Director John A. Strong Reports Acquisition and Disposal of Common Stock

Director John A. Strong reports changes in beneficial ownership of Phillips Edison & Company, Inc. common stock, including acquisition of restricted stock and disposal of shares.

Summary

• On April 30, 2024, John A. Strong, a director of Phillips Edison & Company, Inc. (PECO), reported changes in his beneficial ownership of the company's common stock.
• He acquired 3,364 shares of restricted common stock at $0, which 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.
• He also disposed of 20,960 shares.
• Following these transactions, Strong beneficially owns 20,960 shares of PECO common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It 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 Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of a company insider.

Key Dates