Robison Jennifer L 4

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Phillips Edison (PECO) SVP & Chief Accounting Officer Jennifer Robison Receives Award, Sells Shares

What Happened

  • Jennifer L. Robison, Phillips Edison & Company (PECO) Senior Vice President & Chief Accounting Officer, was issued 1,522 shares as an award (code A) on 2026-02-04 related to the 2023–2025 Performance‑Based LTIP. On the same date she had 252 shares withheld/disposed (code F) to cover tax withholding at $37.22 per share, totaling approximately $9,379.
  • The award shares were reported with a $0.00 acquisition price (typical for compensation grants). The disposition was a tax withholding rather than an open‑market sale.

Key Details

  • Transaction date: 2026-02-04; Form filed: 2026-02-06 (filed within the Form 4 reporting window).
  • Award: 1,522 shares granted (reported at $0.00) under the 2023–2025 Performance‑Based LTIP (code A).
  • Tax withholding/disposition: 252 shares surrendered at $37.22 each, total ≈ $9,379 (code F).
  • Footnotes: F1 — these shares were earned under the 2023–2025 Performance‑Based LTIP; 50% vested now and the remaining 50% vest on Jan 1, 2027, subject to continued service. F2 — the 252 shares were surrendered to cover tax liability upon vesting.
  • Shares owned after the transaction: not specified in the provided filing excerpt.

Context

  • This activity reflects compensation vesting and routine tax withholding, not an open‑market sale or a new purchase. Awards (A) are compensation; code F indicates shares were surrendered for taxes. Such filings are standard when performance LTIP units vest and taxes are remitted.