Form 4 for PECO Phillips Edison & Company, Inc.
Accepted 2026-03-03 00:00:00 ET · period of report 2026-03-01 · accession 0002055208-26-000006 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-03-03 | 2026-03-01 | PECO | Schlosser Joseph | EVP, COO | F - Tax | $39.28 | -633 | 25.2K | -2% | -$24.9K |
| D | 2026-03-03 | 2026-03-01 | PECO | Schlosser Joseph | EVP, COO | A - Grant | $0.00 | +6,110 | 6,110 | New | $0 |
| DM | 2026-03-03 | 2026-03-01 | PECO | Schlosser Joseph | EVP, COO | M - OptEx | $0.00 | 0 | 1,344 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-03-01 | F | D | 633 | $39.28 | 25,218 | D | — | — | (F1) Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned restricted stock units. |
| 2 | Derivative | Class B Units | 2026-03-01 | A | A | 6,110 | $0.00 | 6,110 | D | — · — to — | 6,110 Common Stock | (F4) Represents the grant of Class B Units that vest in four equal annual installments on the anniversary of the date of grant, subject to continued service with the Company. (F3) OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of PECO OP, shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date and are not subject to vesting. (F2) Represents the grant of Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP"), under the Issuer's long term incentive plan. The Class B Units vest in four equal annual installments on the anniversary of the date of grant, subject to continued service. At issuance, the Class B Units do not have full parity with common units of limited partnership interest in PECO OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units convert into an equal number of OP Units. The Class B Units have no expiration date. |
| 3 | Derivative | Class B Units | 2026-03-01 | M | D | 1,344 | $0.00 | 4,032 | D | — · — to — | 1,344 Common Stock | (F6) Represents the total Class B Units that have the same grant date, vesting provisions and other terms. These Class B Units will vest in increments of 1,344 units on March 1, 2027, March 1, 2028, and March 1, 2029, subject to continued service with the Company. (F3) OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of PECO OP, shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date and are not subject to vesting. (F5) Represents the vesting of Class B Units in PECO OP, previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with OP Units, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units. The Class B Units have no expiration date. |
| 4 | Derivative | OP Units | 2026-03-01 | M | A | 1,344 | $0.00 | 1,344 | D | — · — to — | 1,344 Common Stock | (F3) OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of PECO OP, shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date and are not subject to vesting. (F5) Represents the vesting of Class B Units in PECO OP, previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with OP Units, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units. The Class B Units have no expiration date. |