Phillips Edison & Company (PECO) director receives 2,901 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silfen Jane reported acquisition or exercise transactions in this Form 4 filing.
Phillips Edison & Company, Inc. director Jane Silfen received a grant of 2,901 shares of restricted Common Stock as equity compensation. The shares were granted at no cash cost to her and increase her direct holdings to 24,758 shares of Common Stock.
According to the terms, this 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, provided she continues serving through the applicable vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silfen Jane
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,901 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,758 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 2,901 shares
Grant price: $0.0000 per share
Shares held after grant: 24,758 shares
3 metrics
Restricted stock grant
2,901 shares
Common Stock awarded to director Jane Silfen
Grant price
$0.0000 per share
Reported price for the restricted stock grant
Shares held after grant
24,758 shares
Total direct Common Stock holdings after transaction
Key Terms
restricted Common Stock, vest, annual meeting of stockholders
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.
vest financial
"grant of restricted Common Stock that will vest in full on the earlier"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders regulatory
"on the date of the next annual meeting of stockholders that is at least 50 weeks"
FAQ
What did Jane Silfen report in this Phillips Edison (PECO) Form 4 filing?
Jane Silfen reported receiving 2,901 shares of restricted Common Stock in Phillips Edison & Company, Inc. This is a compensation-related equity award, not an open‑market purchase, and increases her direct ownership stake in the company.
What are the vesting terms of Jane Silfen’s restricted Common Stock in PECO?
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 held at least 50 weeks after the prior year’s meeting, assuming Jane Silfen continues to serve through that vesting date.
Is this Form 4 transaction a buy or a compensation award for PECO’s director?
The filing characterizes the transaction as a grant or award acquisition, not an open‑market buy. It reflects compensation in the form of restricted Common Stock granted to director Jane Silfen, subject to vesting, instead of a discretionary stock purchase.