Devin Ignatius Murphy - 01 Mar 2026 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Role
Director
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, 16:30:24 UTC
Previous filing
19 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Murphy Devin Ignatius Director 11501 NORTHLAKE DRIVE, CINCINNATI /s/ Jennifer Robison, Attorney-in-Fact 03 Mar 2026 0001440186

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 Options Exercise $0 -1,151 -100% $0.000000 0 01 Mar 2026 Common Stock 1,151 Direct F1, F2
transaction PECO OP Units Options Exercise $0 +1,151 +0.34% $0.000000 342,990 01 Mar 2026 Common Stock 1,151 Direct F1, F2
holding PECO OP Units 378,488 01 Mar 2026 Common Stock 378,488 By DJM Investments LLC F1, F3
holding PECO OP Units 64,000 01 Mar 2026 Common Stock 64,000 LLC held by Family Member's Trust F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Limited partnership interests ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP") 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.
F2 Represents the conversion to OP Units of vested and earned Class B Units of limited partnership interests ("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.
F3 Mr. Murphy disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.