Tanya Brady - 01 Mar 2026 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Signature
/s/ Jennifer Robison, Attorney-in-Fact
Issuer symbol
PECO
Transactions as of
01 Mar 2026
Net transactions value
$0
Form type
4
Filing time
03 Mar 2026, 16:32:45 UTC
Previous filing
06 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Brady Tanya EVP, GC & Secretary 11501 NORTHLAKE DRIVE, CINCINNATI /s/ Jennifer Robison, Attorney-in-Fact 03 Mar 2026 0001770509

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PECO Class B Units Award $0 +5,397 $0.000000 5,397 01 Mar 2026 Common Stock 5,397 Direct F1, F2, F3
transaction PECO Class B Units Options Exercise $0 -625 -100% $0.000000 0 01 Mar 2026 Common Stock 625 Direct F2, F4
transaction PECO Class B Units Options Exercise $0 -1,184 -50% $0.000000 1,184 01 Mar 2026 Common Stock 1,184 Direct F2, F4, F5
transaction PECO Class B Units Options Exercise $0 -1,239 -33% $0.000000 2,478 01 Mar 2026 Common Stock 1,239 Direct F2, F4, F6
transaction PECO Class B Units Options Exercise $0 -1,258 -25% $0.000000 3,774 01 Mar 2026 Common Stock 1,258 Direct F2, F4, F7
transaction PECO OP Units Options Exercise $0 +4,306 +6.9% $0.000000 67,075 01 Mar 2026 Common Stock 4,306 Direct F2, F4
transaction PECO Class B Units Options Exercise $0 -502 -100% $0.000000 0 01 Mar 2026 Common Stock 502 Direct F2, F8
transaction PECO OP Units Options Exercise $0 +502 +0.75% $0.000000 67,577 01 Mar 2026 Common Stock 502 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP"), under the Issuer's long term incentive plan. The Class B Units vest in four equal annual installments on the anniversary of the date of grant, subject to continued service. At issuance, the Class B Units do not have full parity with common units of limited partnership interest in PECO OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units convert into an equal number of OP Units. The Class B Units have no expiration date.
F2 OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of PECO OP, shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date and are not subject to vesting.
F3 Represents the grant of Class B Units that vest in four equal annual installments on the anniversary of the date of grant, subject to continued service with the Company.
F4 Represents the vesting of Class B Units in PECO OP, previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with OP Units, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units. The Class B Units have no expiration date.
F5 Represents the total Class B Units that have the same grant date, vesting provisions and other terms. These Class B Units will vest in full on March 1, 2027, subject to continued service with the Company.
F6 Represents the total Class B Units that have the same grant date, vesting provisions and other terms. These Class B Units will vest in increments of 1,239 units on March 1, 2027, and March 1, 2028, subject to continued service with the Company.
F7 Represents the total Class B Units that have the same grant date, vesting provisions and other terms. These Class B Units will vest in increments of 1,258 units on March 1, 2027, March 1, 2028, and March 1, 2029, subject to continued service with the Company.
F8 Represents the conversion to OP Units of vested and earned Class B Units in PECO OP, previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units did not have full parity with the OP Units, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Having achieved full parity with the OP Units, the Class B Units were converted into an equal number of OP Units. The Class B Units have no expiration date.