STOCK TITAN

PECO (PECO) COO reports stock from 2023–2025 performance LTIP

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

Rhea-AI Filing Summary

Phillips Edison & Company, Inc. executive vice president and chief operating officer Joseph Schlosser reported routine equity compensation activity. On 02/04/2026, he acquired 1,018 shares of common stock at $0, earned under 2023–2025 performance-based LTIP units, with half vesting immediately and half scheduled to vest on January 1, 2027, subject to continued service.

On the same date, 168 shares were surrendered at $37.22 per share to cover tax liabilities from the vesting of those performance-based units. After these transactions, Schlosser directly holds 25,851 shares of PECO common stock.

Positive

  • None.

Negative

  • None.
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*
Schlosser Joseph

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

(Street)
CINCINNATI OH 45249

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Phillips Edison & Company, Inc. [ PECO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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(1) 02/04/2026 A 1,018 A(1) $0 26,019 D
Common Stock 02/04/2026 F 168 D(2) $37.22 25,851 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 shares of Common Stock earned based upon the Issuer's achievement of performance metrics under the 2023-2025 Performance-Based LTIP Units, 50% of which are vested and 50% of which vest on January 1, 2027, subject to continued service with the Company.
2. Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned 2023-2025 Performance-Based LTIP Units.
Remarks:
/s/ Jennifer Robison, Attorney-in-Fact 02/06/2026
** 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.

FAQ

What insider transactions did PECO executive Joseph Schlosser report?

Joseph Schlosser reported receiving 1,018 PECO common shares as performance-based compensation and surrendering 168 shares for taxes. These movements reflect vesting of 2023–2025 performance LTIP units and related tax withholding, rather than discretionary open-market buying or selling.

How many PECO shares does Joseph Schlosser own after this Form 4?

After the reported transactions, Joseph Schlosser directly owns 25,851 shares of Phillips Edison & Company, Inc. common stock. This figure reflects both the 1,018 shares earned and the 168 shares surrendered to cover tax obligations tied to performance-based LTIP vesting.

Why did Joseph Schlosser surrender 168 PECO shares on February 4, 2026?

The 168 PECO shares were surrendered to cover tax liability arising from the vesting of earned 2023–2025 Performance-Based LTIP Units. This type of share surrender is a common mechanism for satisfying withholding taxes on equity compensation awards without paying cash.

What is the nature of the 1,018 PECO shares awarded to Joseph Schlosser?

The 1,018 shares represent common stock earned based on PECO’s achievement of performance metrics under 2023–2025 performance-based LTIP units. Half of these shares vest immediately, while the remaining 50% vest on January 1, 2027, contingent on his continued service with the company.

Was this PECO Form 4 transaction an open-market trade?

No, the Form 4 shows equity compensation activity, not an open-market trade. Shares were earned under performance-based LTIP units, and a portion was surrendered to cover related taxes. Prices reported reflect grant and tax values, not discretionary buying or selling on the market.

What role does Joseph Schlosser hold at Phillips Edison & Company (PECO)?

Joseph Schlosser serves as executive vice president and chief operating officer of Phillips Edison & Company, Inc. His reported transactions involve PECO common stock received and surrendered in connection with long-term incentive plan performance awards granted under his executive compensation package.
Phillips Edison & Company, Inc.

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