Strong John A. 4
Research Summary
AI-generated summary
Phillips Edison Director John A. Strong Receives Restricted Stock Award
What Happened
- John A. Strong, a director of Phillips Edison & Company, Inc. (PECO), was granted 2,901 shares of restricted common stock on May 12, 2026. The filing reports the acquisition price as $0.00, for a reported total value of $0 (transaction code A — award/grant). This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-12; Filing date / accession: 2026-05-14 (report period 2026-05-12).
- Shares granted: 2,901; Price per share reported: $0.00; reported total: $0.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnote: The grant 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 year's meeting, subject to continued service through the vesting date (see footnote F1).
- Filing timeliness: Filing was submitted two days after the grant date (appears timely based on supplied dates); no late-filing indication provided.
Context
- This was a restricted stock award (compensation) that vests based on continued service and meeting the timing conditions described above. Such awards reflect compensation arrangements and are not the same as an insider buying shares on the open market; they should not be interpreted alone as a direct buy/sell signal.