Wood Gregory S. 4

What Happened
Gregory S. Wood, a director of Phillips Edison & Company, Inc. (PECO), was granted 2,901 restricted shares of common stock on 2026-05-12. The reported acquisition price is $0.00 (a non-cash award); the filing reports the grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-12 (Form 4 filed 2026-05-14).
• Type: Award/Grant (Code A) — 2,901 restricted shares at $0.00.
• Vesting: These shares will vest in full on the earlier of (i) the first anniversary of the grant or (ii) the next annual meeting of stockholders that is at least 50 weeks after the prior year’s meeting, subject to continued service (see footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Timeliness: Filing appears timely (transaction 2026-05-12; Form 4 filed 2026-05-14).
• No indication of a 10b5-1 plan, sale, exercise, or tax-withholding reported in the excerpt.

Context
This was a compensation-related grant of restricted stock, not an open-market purchase or sale. Such awards are common for board compensation and are time-based, aligning executives/directors with long-term shareholder interests; they do not necessarily signal immediate buying or selling intent.