PECO director granted 2,901 restricted shares

Silfen Jane reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 2,901 shares

Grant/Award 1 txn

Insider Silfen Jane

Role Director

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

Holdings After Transaction: Common Stock — 24,758 shares (Direct)

Footnotes (1)

1. F1. 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.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Phillips Edison (PECO) shares does Jane Silfen hold after this grant?

After the grant, Jane Silfen directly holds 24,758 shares of Phillips Edison & Company, Inc. Common Stock. This figure includes the newly awarded 2,901 restricted shares, which are subject to future vesting conditions tied to time and continued service.

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.

Did Jane Silfen pay cash for the 2,901 Phillips Edison (PECO) shares granted?

No, the 2,901 Phillips Edison & Company, Inc. shares were granted at a reported price of $0.0000 per share. This indicates a compensation award of restricted stock rather than a cash-financed open‑market purchase of Common Stock.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/14/2026 - 04:32 PM Learn about SEC filing dates

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^*

Silfen Jane

(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	24,758	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)