Phillips Edison (PECO) director awarded 2,901 restricted shares in equity grant

Rhea-AI Filing Summary

Strong John A. reported acquisition or exercise transactions in this Form 4 filing.

Phillips Edison & Company, Inc. director John A. Strong received a grant of 2,901 shares of restricted Common Stock on May 12, 2026. These shares were awarded at no cash cost and are part of his director compensation.

The restricted stock will vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting that occurs at least 50 weeks after the prior year’s meeting, provided he remains in service through that vesting date. After this grant, Strong directly holds 27,151 shares of Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Strong John A.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,901	$0.00	--

Holdings After Transaction: Common Stock — 27,151 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock grant: 2,901 shares Holdings after transaction: 27,151 shares Grant price per share: $0.0000 per share

3 metrics

Restricted stock grant 2,901 shares Director equity award on May 12, 2026

Holdings after transaction 27,151 shares Common Stock directly owned after grant

Grant price per share $0.0000 per share Indicates no cash paid; compensation grant

Key Terms

restricted Common Stock, annual meeting of stockholders, vesting date

3 terms

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.

annual meeting of stockholders financial

"on the date of the next annual meeting of stockholders that is at least 50 weeks"

vesting date financial

"subject to continued service through the applicable vesting date"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Strong John A.

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/12/2026		A(1)		2,901	A	$0	27,151	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	05/14/2026
	** Signature of Reporting Person	Date
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 did Phillips Edison (PECO) director John A. Strong report on this Form 4?

John A. Strong reported receiving a grant of 2,901 shares of restricted Common Stock. The award was made on May 12, 2026 as part of his director compensation and increased his direct holdings to 27,151 shares after the transaction.

Is the PECO Form 4 transaction a stock purchase or a compensation grant?

The PECO Form 4 reflects a compensation grant, not an open-market purchase. Strong received 2,901 restricted shares at no stated purchase price, consistent with a director equity award rather than a discretionary buy in the market.

When do John A. Strong’s 2,901 restricted PECO shares vest?

The 2,901 restricted shares will vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting that occurs at least 50 weeks after the prior annual meeting, assuming Strong continues his service through that vesting date.

How many Phillips Edison (PECO) shares does John A. Strong hold after this award?

After the restricted stock grant, John A. Strong directly holds 27,151 shares of Phillips Edison common stock. This total reflects his updated ownership following the 2,901-share award reported in the Form 4 insider transaction filing.

Does this PECO Form 4 indicate any insider stock sales by John A. Strong?

No insider stock sales are reported in this Form 4. The filing only shows an acquisition of 2,901 restricted shares as a grant, with no sell, disposal, or tax-withholding transactions disclosed for the reported date.