Phillips Edison (PECO) Director Stephen Quazzo Receives 2,901-Share Award

What Happened Stephen R. Quazzo, a director of Phillips Edison & Company, Inc. (PECO), was granted 2,901 restricted shares on May 12, 2026. The shares were reported at $0.00 per share (award/grant), meaning they were issued as compensation rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-14 (appears timely, two days after the transaction).
• Transaction type/code: Award/Grant (code A).
• Shares granted: 2,901 restricted common shares at $0.00 per share.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote (vesting): The award vests in full on the earlier of (i) the first anniversary of the grant date or (ii) the next annual meeting of stockholders that is at least 50 weeks after the prior meeting, subject to continued service through the applicable vesting date.

Context Restricted stock grants are a common form of director compensation and represent future ownership contingent on vesting conditions; they are not an immediate market purchase or sale and don’t by themselves indicate insider buying/selling sentiment.