STOCK TITAN

Director at Phillips Edison (NASDAQ: PECO) receives 2,901-share grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

QUAZZO STEPHEN R reported acquisition or exercise transactions in this Form 4 filing.

Phillips Edison & Company, Inc. director Stephen R. Quazzo reported receiving a grant of 2,901 shares of restricted Common Stock at no cash cost. 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 is at least 50 weeks after the prior year’s meeting, subject to his continued service. Following this award, he directly holds 50,336 shares of the company’s Common Stock.

Positive

  • None.

Negative

  • None.
Insider QUAZZO STEPHEN R
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,901 $0.00 --
Holdings After Transaction: Common Stock — 50,336 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 2,901 shares Common Stock awarded to director Stephen R. Quazzo
Grant price $0.00 per share Recorded price for restricted Common Stock grant
Post-transaction holdings 50,336 shares Direct Common Stock held after the award
Vesting trigger 1 First anniversary Shares vest on first anniversary of grant date if still serving
Vesting trigger 2 Next annual meeting Alternatively vests at next annual meeting at least 50 weeks after prior one
restricted Common Stock financial
"Represents the grant of restricted Common Stock that will vest in full"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
vesting financial
"that will vest in full on the earlier of (i) the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"on the date of the next annual meeting of stockholders that is at least 50 weeks"
continued service financial
"subject to continued service through the applicable vesting date"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
QUAZZO STEPHEN R

(Last)(First)(Middle)
11501 NORTHLAKE DRIVE

(Street)
CINCINNATI OHIO 45249

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Phillips Edison & Company, Inc. [ PECO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/12/2026A(1)2,901A$050,336D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the grant of restricted Common Stock that will vest in full 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.
Remarks:
/s/ Jennifer Robison, Attorney-in-Fact05/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Stephen R. Quazzo report for PECO?

Stephen R. Quazzo reported receiving a grant of 2,901 shares of restricted Common Stock. The award was recorded at a price of $0.00 per share and represents a compensation-related acquisition rather than an open-market purchase or sale of Phillips Edison & Company stock.

How many Phillips Edison (PECO) shares does Quazzo hold after this Form 4?

After the restricted stock grant, Stephen R. Quazzo directly holds 50,336 shares of Phillips Edison & Company Common Stock. This total includes the newly granted 2,901 restricted shares, which are subject to vesting conditions tied to time and continued service on the board.

What are the vesting terms of Quazzo’s 2,901 restricted PECO shares?

The 2,901 restricted Common Stock shares vest in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders held at least 50 weeks after the prior year’s meeting, provided Stephen R. Quazzo continues his service through the vesting date.

Was Quazzo’s PECO Form 4 transaction an open-market stock purchase?

No, the Form 4 shows a grant of restricted Common Stock, not an open-market purchase. The transaction code is “A,” which indicates a grant, award, or other acquisition, and the recorded price per share is $0.00, consistent with equity compensation rather than market buying.

What does transaction code "A" mean in Quazzo’s PECO Form 4?

Transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it reflects Phillips Edison & Company granting Stephen R. Quazzo 2,901 shares of restricted Common Stock as compensation, subject to vesting based on time and continued board service.