Robison Jennifer L 4

What Happened Jennifer L. Robison, Chief Accounting Officer and Senior VP of Phillips Edison & Company (PECO), was granted 3,564 restricted stock units (RSUs) on 2026-03-01 (award recorded at $0.00). On the same date, 891 shares were surrendered to cover tax withholding related to vested RSUs; those shares were recorded at $39.28 each for a total withholding value of $34,998. The award is not a market purchase or sale of stock — it is a compensation grant.

Key Details

• Transaction date: 2026-03-01 (filed 2026-03-03; filing appears timely).
• Grant: 3,564 RSUs (Transaction code A) — recorded at $0.00 because these are awards, not purchases.
• Tax withholding: 891 shares surrendered (Transaction code F) at $39.28/share = $34,998 disposed to cover taxes.
• Vesting: The RSU grant vests in four equal annual installments on each grant anniversary, subject to continued service (footnote).
• Shares owned after transaction: Not reported in the provided filing details.
• Notes: The share surrender was a tax-withholding event (routine), not an open-market sale.

Context RSU grants are compensation and vest over time; they do not signal an immediate bullish purchase. Surrendering shares to satisfy tax obligations (net share settlement) is common and should be read as a withholding action rather than a directional trade. This filing documents both the award and the routine tax-withholding disposition.