Form 4: Phillips Edison & Company Director Terry Anthony E. Reports Stock Grant and Disposal
SEC Form 4 Filing
Director Terry Anthony E. reports acquisition of 3,290 shares of restricted common stock and disposal of 8,337 shares.
Summary
- On May 1, 2025, Director Terry Anthony E. reported a transaction involving Phillips Edison & Company, Inc. [PECO] common stock.
- Terry Anthony E. acquired 3,290 shares of restricted common stock at $0.
- These shares 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.
- Terry Anthony E. also disposed of 8,337 shares.
- Following the reported transactions, Terry Anthony E. beneficially owns 8,337 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock grant and disposal transaction. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Terry Anthony E, Phillips Edison & Company, PECO, Director, Stock Grant, Restricted Stock, Stock Disposal
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