Form 4: Phillips Edison & Company Director Stephen R. Quazzo Acquires Shares of Common Stock
SEC Form 4 Filing
Director Stephen R. Quazzo acquired 3,290 shares of Phillips Edison & Company common stock on May 1, 2025.
Summary
- Stephen R. Quazzo, a director of Phillips Edison & Company, acquired 3,290 shares of common stock on May 1, 2025.
- The shares were acquired at a price of $0.
- Following the transaction, Quazzo directly owns 47,435 shares of common stock.
- The transaction also involved the grant of 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: 6
Explanation: The sentiment is neutral. It's a standard disclosure of a director acquiring shares, which could be seen as a positive sign but doesn't necessarily indicate a major shift in the company's outlook.
Positives
- The director's acquisition of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.
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
Form 4 filings are standard disclosures required by the SEC to ensure transparency regarding insider transactions, allowing investors to stay informed about the actions of company directors and officers.
Stakeholder Impact
- The transaction provides shareholders with insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Acquisition of common stock and grant of restricted stock. |
| 05/02/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, Director, Stephen R. Quazzo, Phillips Edison & Company, PECO, Common Stock, Restricted Stock
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