Myers Robert F. 4

What Happened
Robert F. Myers, President of Phillips Edison & Company (PECO), was granted a total of 16,692.261 limited partnership units (derivative interests) on February 4, 2026 via awards under the company’s performance plan. The filing shows three awards: 7,772 units, 1,149.261 units, and 7,771 units, each acquired at $0.00 (these are equity/partnership units issued as compensation, not cash purchases).

Key Details

• Transaction date: February 4, 2026; Form 4 filed February 6, 2026.
• Prices: $0.00 per unit (award/grant), total cash paid = $0.
• Total units granted: 16,692.261 (sum of 7,772 + 1,149.261 + 7,771).
• Units are derivative limited partnership interests (not direct common stock) and are treated as equity compensation.
• Footnotes: grants relate to the 2023–2025 Performance-Based LTIP and include OP Units (exchangeable for common stock or cash), vested Class B Units (issued in lieu of cash dividends on earned LTIP units and convertible to OP Units upon parity), and Class C Units (which may be unvested and convert to OP Units upon parity and vesting). Some Class C units noted as unvested will vest on January 1, 2027, subject to continued service.
• Filing timeliness: filed two days after the transaction date; no late filing flag indicated in the provided data.
• Shares owned after the transaction: not specified in the provided information.

Context
These entries are awards of partnership units tied to performance goals (LTIP), not open-market buys or sales. OP Units and convertible Class B/C Units are exchangeable for PECO common stock (or cash at PECO OP’s option) on a one-for-one basis once conversion conditions are met — they represent compensation/equity-interest rather than immediate stock purchases or sales. Such awards are routine compensation; they do not by themselves signal a buy or sell decision by the insider.