Director at Phillips Edison (PECO) receives 2,901 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wood Gregory S. reported acquisition or exercise transactions in this Form 4 filing.
Phillips Edison & Company, Inc. director Gregory S. Wood received a grant of 2,901 shares of restricted Common Stock on 2026-05-12. These shares were awarded at a stated price of $0.0000 per share as 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 meeting of stockholders that occurs at least 50 weeks after the prior year’s annual meeting, subject to his continued service through that vesting date. After this grant, Wood directly owns 30,222 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wood Gregory S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,901 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,222 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 2,901 shares
Grant price: $0.0000 per share
Shares owned after grant: 30,222 shares
+1 more
4 metrics
Restricted stock grant
2,901 shares
Grant of restricted Common Stock on 2026-05-12
Grant price
$0.0000 per share
Stated price for restricted stock award
Shares owned after grant
30,222 shares
Total Common Stock directly held by Wood after transaction
Vesting schedule
Earlier of 1 year or next qualifying annual meeting
Subject to continued service through vesting date
Key Terms
restricted Common Stock, vest in full, annual meeting of stockholders, continued service
4 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.
vest in full financial
"will vest in full on the earlier of (i) the first anniversary"
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"
FAQ
What insider transaction did Phillips Edison (PECO) report for Gregory S. Wood?
Phillips Edison reported that director Gregory S. Wood received a grant of 2,901 shares of restricted Common Stock. This was a compensation-related award, not an open-market purchase, and increased his directly held position to 30,222 shares.