PECO director granted 2,901 restricted shares

Terry Anthony E reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Terry Anthony E reported acquisition or exercise transactions in this Form 4 filing.

Phillips Edison & Company, Inc. director Terry E. Anthony received a grant of 2,901 shares of restricted Common Stock. The award was granted at no cash price and is structured to vest in full on the earlier of the first anniversary of the grant date or the next annual stockholder meeting that occurs at least 50 weeks after the prior year’s annual meeting, subject to continued service. Following this grant, Anthony directly holds 11,238 shares of the company’s Common Stock.

Insider Trade Summary

Grant/Award: 2,901 shares

Grant/Award 1 txn

Insider Terry Anthony E

Role Director

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

Holdings After Transaction: Common Stock — 11,238 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 Holdings after grant: 11,238 shares +1 more

4 metrics

Restricted stock grant 2,901 shares Grant of restricted Common Stock on May 12, 2026

Grant price $0.0000 per share Compensation-related equity award with no cash price

Holdings after grant 11,238 shares Total Common Stock directly held 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, annual meeting of stockholders, vesting date, Grant, award, or other acquisition

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.

annual meeting of stockholders financial

"on the date of the next annual meeting of stockholders that is at least 50 weeks"

vesting date financial

"subject to continued service through the applicable vesting date"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

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

What did PECO director Terry E. Anthony report in this Form 4?

Terry E. Anthony reported receiving 2,901 shares of restricted Common Stock in Phillips Edison & Company, Inc. This was a stock grant, not an open-market purchase, and increased his direct holdings to 11,238 Common Stock shares after the transaction.

Is the PECO stock reported in this Form 4 a grant or a market purchase?

The shares are a grant of restricted Common Stock, not a market purchase. The transaction code is A, indicating a grant, award, or other acquisition, and the price per share is shown as 0.0000, consistent with compensation-related equity awards.

How many PECO shares does Terry E. Anthony own after this transaction?

After the grant, Terry E. Anthony directly holds 11,238 shares of Phillips Edison & Company, Inc. Common Stock. This total includes the newly granted 2,901 restricted shares, which are subject to vesting conditions tied to time and the company’s future annual meeting.

What are the vesting terms of the PECO restricted stock granted to Terry E. Anthony?

The 2,901 restricted Common Stock shares will vest in full on the earlier of the first anniversary of the grant date or the next annual meeting held at least 50 weeks after the prior year’s meeting, provided Terry E. Anthony continues service through that vesting date.

Does this PECO Form 4 indicate any stock sales by Terry E. Anthony?

No sales are reported in this Form 4. The filing shows one acquisition transaction coded A, representing a grant or award of 2,901 restricted Common Stock shares, with no corresponding sale, disposition, tax withholding, or derivative exercise transactions disclosed in the data.

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

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Accepted by SEC EDGAR 05/14/2026 - 04:31 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^*

Terry Anthony E

(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	11,238	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)