PECO (PECO) COO reports stock from 2023–2025 performance LTIP
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schlosser Joseph
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,018 | $0.00 | -- |
| Tax Withholding | Common Stock | 168 | $37.22 | $6K |
Holdings After Transaction:
Common Stock — 26,019 shares (Direct)
Footnotes (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. Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned 2023-2025 Performance-Based LTIP Units.
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.
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.