Form 4: Phillips Edison Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Phillips Edison & Company, Inc. director Gregory S. Wood received a grant of 2,901 shares of common stock.
Summary
- Gregory S. Wood, a Director at Phillips Edison & Company, Inc., was granted 2,901 shares of common stock on May 12, 2026.
- This grant is a restricted stock award that will vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, provided service continues through the vesting date.
- Following this transaction, Mr. Wood beneficially owns 30,222 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard director stock grant rather than a significant financial event or strategic shift.
Positives
- Director compensation through stock grants aligns management's interests with shareholders.
- The grant of 2,901 shares indicates continued investment in the company by its leadership.
Risks
- Vesting is contingent on continued service, meaning the shares could be forfeited if the director leaves before the vesting date.
Future Outlook
The restricted stock grant is subject to vesting conditions, with full vesting occurring on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, contingent upon continued service.
Industry Context
StockSavvy.ai notes that grants of restricted stock to directors are a common form of long-term incentive compensation in the real estate investment trust (REIT) sector, aligning director interests with shareholder value creation.
Stakeholder Impact
- Shareholders: The grant aligns director incentives with long-term shareholder value.
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, subject to continued service.
Key Dates
| Date | Description |
|---|---|
| 05/12/2026 | Transaction Date (Grant of Restricted Common Stock) |
| 05/14/2026 | Date of Report Signature |
Keywords
Form 4, SEC Filing, Phillips Edison & Company, PECO, Stock Grant, Restricted Stock, Director Compensation, Beneficial Ownership
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