Phillips Edison & Company filings document the financial reporting, capital structure and governance of a retail real estate company focused on grocery-anchored shopping centers. Its Form 8-K filings frequently furnish quarterly and annual results, supplemental disclosures, business-performance commentary, earnings guidance, and Regulation FD materials tied to its REIT operating metrics.
PECO’s regulatory record also covers dividend and distribution approvals for common stockholders and operating partnership unit holders, public debt activity through Phillips Edison Grocery Center Operating Partnership I, L.P., senior unsecured note guarantees, restrictive covenant disclosures, and proxy matters including shareholder voting, board governance and executive compensation.
Phillips Edison & Company, Inc. reported results of its annual stockholder meeting and declared upcoming monthly dividends. Stockholders elected all ten director nominees to one-year terms, approved on an advisory basis the compensation of named executive officers, and ratified Deloitte & Touche LLP as independent auditor for 2026.
The Board declared monthly cash dividends of $0.1083 per share, payable on July 1, 2026 and August 4, 2026 to stockholders of record as of June 15, 2026 and July 15, 2026, respectively. Operating partnership unit holders will receive distributions at the same rate as common stockholders, subject to tax withholding.
Phillips Edison & Company, Inc. director Wang Parilee Edison reported derivative transactions involving partnership interests linked to the company’s common stock. On May 1, 2026, 3,290 Class B Units vested and converted into 3,290 OP Units, reflecting an exercise or conversion of derivative securities.
After these transactions, the director held 6,654 OP Units directly. According to the disclosure, OP Units in Phillips Edison Grocery Center Operating Partnership I, L.P. are exchangeable at the holder’s election for cash equal to the fair market value of one share of common stock or, at PECO OP’s option, one share of common stock on a one-for-one basis.
Phillips Edison & Company, Inc. director Devin Ignatius Murphy reported routine equity compensation activity involving partnership interests tied to Common Stock. He exercised derivative securities to convert 3,290 Class B Units into an equal number of OP Units at an exercise price of $0.0000 per unit.
Following the transactions, Murphy directly holds 346,280.275 OP Units. Entities associated with him indirectly hold additional OP Units exchangeable on a one-for-one basis into the company’s Common Stock or cash, representing 64,000 and 378,487.819 underlying common shares. Murphy disclaims beneficial ownership of certain indirectly held interests except to the extent of any pecuniary interest.
Vanguard Capital Management reports beneficial ownership of 6,739,554 shares of Phillips Edison & Co Inc Common Stock, representing 5.35% of the class as of 03/31/2026. The filing states Vanguard Capital Management LLC and affiliated business divisions exercise dispositive power over these shares and that the amount includes securities held by Vanguard funds and managed accounts. The filing lists sole voting power of 1,044,260 shares and discloses the CUSIP 71844V201. The schedule is signed on 04/30/2026 by Ashley Grim as Head of Global Fund Administration.
Phillips Edison & Company, Inc. reported solid Q1 2026 growth driven by its grocery-anchored shopping centers. Total revenues rose to $190.7 million from $178.3 million, while net income increased to $33.2 million from $28.9 million. Net income attributable to stockholders was $30.4 million, or $0.24 per diluted share, up from $0.21.
Same-Center NOI grew 3.5% to $122.3 million, reflecting higher rents and stable occupancy. Portfolio leased occupancy remained high at 97.1%, with inline space at 95.0%. Leasing spreads were strong: comparable new leases showed a 36.2% rent increase, and comparable renewals a 21.2% increase.
Nareit FFO attributable to stockholders and OP unit holders was $92.9 million ($0.67 per diluted share), and Core FFO was $96.4 million ($0.69 per diluted share), both up year over year. The company acquired properties and outparcels for $126.4 million and sold assets for $22.3 million, realizing a $6.8 million gain.
Total debt, excluding adjustments, was $2.52 billion at a weighted-average interest rate of 4.4%, and net debt to annualized Adjusted EBITDAre was 5.3x. Phillips Edison issued $350 million of 4.750% senior notes due 2033 and used proceeds to repay term loans and reduce revolver borrowings. The company continued monthly common distributions totaling $0.3249 per share for the quarter.
Phillips Edison & Company (PECO) reported steady first-quarter 2026 growth and raised its full-year earnings outlook. Net income attributable to stockholders rose to $30.4 million, or $0.24 per diluted share, up from $26.3 million, or $0.21, a year earlier.
Nareit FFO increased to $92.9 million, or $0.67 per diluted share, and Core FFO to $96.4 million, or $0.69, reflecting 4.7% and 6.2% year-over-year per-share growth. Same-center NOI grew 3.5% to $122.3 million, supported by 97.1% leased portfolio occupancy and strong rent spreads, including 36.2% on new leases and 21.2% on renewals.
The company acquired $125.5 million of assets in the quarter and completed a $350 million 4.750% senior notes offering due 2033, ending with about $810.2 million in liquidity and net debt at 5.3x trailing twelve-month Adjusted EBITDAre. PECO now expects 2026 net income per share of $0.79–$0.81 and Core FFO per share of $2.72–$2.78.
The Vanguard Group filed Amendment No. 4 to a Schedule 13G/A reporting 0 shares and 0% beneficial ownership of Phillips Edison & Co Inc common stock following an internal realignment. The filing states certain Vanguard subsidiaries will report ownership separately in reliance on SEC Release No. 34-39538 and that Vanguard no longer is deemed to beneficially own those securities. The filing is signed by Ashley Grim on 03/26/2026.
Phillips Edison & Company, Inc. (PECO) is asking stockholders to vote at its 2026 virtual annual meeting on May 12, 2026 to elect ten directors, approve an advisory vote on executive pay, and ratify its independent auditor.
The company highlights 2025 performance, including Core FFO per share of $2.60, up 7.0% year-over-year, same-center NOI growth of 3.8%, leased portfolio occupancy above 97%, and approximately $400 million of acquisitions. It emphasizes its grocery-anchored strategy, with 324 centers totaling 36.7 million square feet across 31 states.
The proxy describes a board with seven of ten directors independent, a combined CEO/Chairman and a Lead Independent Director, fully independent key committees, and a strong governance and sustainability framework. Executive compensation is heavily performance-based, tied to Adjusted FFO per share, same-center NOI growth, and relative total shareholder return, with about 97% stockholder support for say-on-pay in 2025.
Phillips Edison & Company EVP, GC & Secretary Tanya Brady reported multiple equity compensation transactions involving partnership units. She received a grant of 5,397 Class B Units in Phillips Edison Grocery Center Operating Partnership I, L.P. under the company’s long-term incentive plan, with the units vesting in four equal annual installments, subject to continued service.
Several blocks of previously granted Class B Units vested and, after achieving full parity with common OP Units, were converted into equal numbers of OP Units, including a 4,306-unit conversion. According to the terms, OP Units are exchangeable at the holder’s election for cash equal to the fair market value of one common share or, at the operating partnership’s option, for common shares on a one-for-one basis, and have no expiration date.