Form 4: Phillips Edison & Company Executive Jennifer Robison Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Jennifer Robison, Chief Accounting Officer & SVP of Phillips Edison & Company, reported disposing of common stock to cover tax liabilities upon vesting of LTIP units and restricted stock units.
Summary
- On December 31, 2024, Jennifer Robison, Chief Accounting Officer & SVP of Phillips Edison & Company, disposed of 239 shares of common stock at $37.46 to cover tax liabilities related to vesting of 2021-2023 Performance-Based LTIP units.
- On January 1, 2025, Ms. Robison disposed of 282 shares of common stock at $37.46 to cover tax liabilities related to vesting of restricted stock units.
- Following these transactions, Ms. Robison beneficially owns 27,430 shares of Phillips Edison & Company common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Disposition of 239 shares of common stock to cover tax liability upon vesting of earned 2021-2023 Performance-Based LTIP units. |
| 01/01/2025 | Disposition of 282 shares of common stock to cover tax liability upon vesting of earned restricted stock units. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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