Form 4: Phillips Edison Director Acquires Shares

Phillips Edison & Company, Inc. director Terry Anthony E. acquired 2,901 shares of common stock on May 12, 2026, as part of a restricted stock grant.

Summary

• Director Terry Anthony E. acquired 2,901 shares of Phillips Edison & Company, Inc. common stock on May 12, 2026.
• The acquisition was made through a restricted stock grant, with no purchase price indicated.
• These shares will vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders that occurs at least 50 weeks after the prior year's annual meeting, provided continued service.
• Following this transaction, Terry Anthony E. beneficially owns 11,238 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard compensation and incentive mechanism for a director rather than a significant strategic move or financial performance indicator.

Positives

• Director acquisition of shares can signal confidence in the company's future prospects.
• The restricted stock grant is a form of compensation tied to continued service, aligning management interests with long-term company performance.

Future Outlook

The restricted stock grant is subject to vesting conditions based on continued service and specific future dates, indicating a forward-looking incentive for the director.

Industry Context

StockSavvy.ai notes that insider transactions, such as this restricted stock grant to a director, are common in the real estate investment trust (REIT) sector as a method to attract and retain key leadership talent and align their interests with shareholders.

Stakeholder Impact

• Shareholders: The acquisition by a director may be viewed positively as a sign of commitment, but it does not represent a new investment of personal capital.
• Employees: The restricted stock grant is a form of executive compensation, indirectly impacting employee morale and retention strategies.
• Management: Aligns the director's interests with the company's long-term performance through the vesting schedule.

Next Steps

• Vesting of the restricted stock on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders (at least 50 weeks after the prior year's annual meeting), subject to continued service.

Key Dates

Keywords

SEC Form 4, Insider Trading, Phillips Edison & Company, PECO, Director, Restricted Stock, Share Acquisition, Beneficial Ownership