Overview
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- TickerPECO on Nasdaq1
- IndustryReal Estate Investment Trusts1
- HeadquartersCincinnati, Ohio1
- Incorporated inMD2
- Business address11501 Northlake Drive, Cincinnati, Oh 452492
- Filer categoryLarge accelerated filer2
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All references to “Notes” throughout this Annual Report on Form 10-K refer to the footnotes to the consolidated financial statements in “Part II, Item 8. Financial Statements and Supplementary Data”.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Income tax1¢$1.3M
- Profit99¢$111.3M
Out of $12.8M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Dividends paid45¢$157.3M
- Kept or used elsewhere55¢$190.9M
Out of $348.1M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Rental income | $709.2M | $647.6M | $597.5M |
| Fees and management income | $12.8M | $10.7M | $9.6M |
| Other property income | $4.7M | $3.1M | $3.0M |
| Total revenues | $726.6M | $661.4M | $610.1M |
| Property operating | $123.6M | $112.6M | $102.3M |
| Real estate taxes | $86.1M | $77.7M | $72.8M |
| General and administrative | $51.6M | $45.6M | $44.4M |
| Depreciation and amortization | $266.4M | $253.0M | $236.4M |
| Total operating expenses | $527.7M | $488.9M | $455.9M |
| Interest expense, net | -$110.3M | -$97.0M | -$84.2M |
| Gain (loss) on disposal of property, net | $38.8M | -$30.0K | $1.1M |
| Other expense, net | -$4.3M | -$5.7M | -$7.3M |
| Net income | $123.0M | $69.7M | $63.8M |
| Net income attributable to stockholders | $111.3M | $62.7M | $56.8M |
| Net income per share attributable to stockholders - basic (in dollars per share) | $0.89 | $0.51 | $0.48 |
| Net income per share attributable to stockholders - diluted (in dollars per share) | $0.89 | $0.51 | $0.48 |
| Change in unrealized value on interest rate swaps | -$4.4M | -$7.0M | -$11.8M |
| Comprehensive income | $118.6M | $62.7M | $51.9M |
| Net income attributable to noncontrolling interests | -$11.7M | -$7.0M | -$6.9M |
| Change in unrealized value on interest rate swaps attributable to noncontrolling interests | $409.0K | $701.0K | $1.3M |
| Reallocation of comprehensive income upon conversion of noncontrolling interests | $3.0K | $42.0K | $71.0K |
| Comprehensive income attributable to stockholders | $107.4M | $56.5M | $46.4M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Land and improvements | $2.0B | $1.9B | ||
| Building and improvements | $4.3B | $4.1B | ||
| In-place lease assets | $538.3M | $523.2M | ||
| Above-market lease assets | $77.6M | $76.4M | ||
| Total investment in real estate assets | $6.9B | $6.6B | ||
| Accumulated depreciation and amortization | -$2.0B | -$1.8B | ||
| Net investment in real estate assets | $4.9B | $4.8B | ||
| Investment in unconsolidated joint ventures | $42.6M | $31.7M | ||
| Total investment in real estate assets, net | $5.0B | $4.8B | ||
| Cash and cash equivalents | $3.5M | $4.9M | $4.9M | |
| Restricted cash | $39.8M | $3.8M | $4.0M | |
| Goodwill | $29.1M | $29.1M | ||
| Other assets, net | $244.3M | $195.3M | ||
| Total assets | $5.3B | $5.0B | ||
| Debt obligations, net | $2.4B | $2.1B | ||
| Below-market lease liabilities, net | $118.4M | $116.1M | ||
| Accounts payable and other liabilities | $180.3M | $163.7M | ||
| Deferred income | $23.0M | $22.9M | ||
| Total liabilities | $2.7B | $2.4B | ||
| Commitments and contingencies (see Note 11) | $0 | $0 | ||
| Preferred stock | $0 | $0 | ||
| Common stock | $1.3M | $1.3M | ||
| Additional paid-in capital (APIC) | $3.7B | $3.6B | ||
| Accumulated other comprehensive income (AOCI) | $358.0K | $4.3M | ||
| Accumulated deficit | -$1.4B | -$1.3B | ||
| Total stockholders equity | $2.3B | $2.3B | ||
| Noncontrolling interests | $302.8M | $314.1M | ||
| Total equity | $2.6B | $2.6B | $2.7B | $2.6B |
| Total liabilities and equity | $5.3B | $5.0B | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, authorized (in shares) | 10.0M shares | 10.0M shares | ||
| Preferred stock, issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, outstanding (in shares) | 0 shares | 0 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Land and improvements | $2.0B | $1.9B | ||
| Building and improvements | $4.3B | $4.1B | ||
| In-place lease assets | $538.3M | $523.2M | ||
| Above-market lease assets | $77.6M | $76.4M | ||
| Total investment in real estate assets | $6.9B | $6.6B | ||
| Accumulated depreciation and amortization | -$2.0B | -$1.8B | ||
| Net investment in real estate assets | $4.9B | $4.8B | ||
| Investment in unconsolidated joint ventures | $42.6M | $31.7M | ||
| Total investment in real estate assets, net | $5.0B | $4.8B | ||
| Cash and cash equivalents | $3.5M | $4.9M | $4.9M | |
| Restricted cash | $39.8M | $3.8M | $4.0M | |
| Goodwill | $29.1M | $29.1M | ||
| Other assets, net | $244.3M | $195.3M | ||
| Total assets | $5.3B | $5.0B | ||
| Debt obligations, net | $2.4B | $2.1B | ||
| Below-market lease liabilities, net | $118.4M | $116.1M | ||
| Accounts payable and other liabilities | $180.3M | $163.7M | ||
| Deferred income | $23.0M | $22.9M | ||
| Total liabilities | $2.7B | $2.4B | ||
| Commitments and contingencies (see Note 11) | $0 | $0 | ||
| Preferred stock | $0 | $0 | ||
| Common stock | $1.3M | $1.3M | ||
| Additional paid-in capital (APIC) | $3.7B | $3.6B | ||
| Accumulated other comprehensive income (AOCI) | $358.0K | $4.3M | ||
| Accumulated deficit | -$1.4B | -$1.3B | ||
| Total stockholders equity | $2.3B | $2.3B | ||
| Noncontrolling interests | $302.8M | $314.1M | ||
| Total equity | $2.6B | $2.6B | $2.7B | $2.6B |
| Total liabilities and equity | $5.3B | $5.0B | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, authorized (in shares) | 10.0M shares | 10.0M shares | ||
| Preferred stock, issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, outstanding (in shares) | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $123.0M | $69.7M | $63.8M |
| Depreciation and amortization of real estate assets | $264.8M | $251.2M | $234.3M |
| Depreciation and amortization of corporate assets | $1.5M | $1.8M | $2.2M |
| Net amortization of above- and below-market leases | -$8.6M | -$6.6M | -$5.2M |
| Amortization of deferred financing expenses | $4.9M | $4.5M | $4.2M |
| Amortization of debt and derivative adjustments | $2.4M | $3.2M | $2.9M |
| Loss on extinguishment or modification of debt, net | $90.0K | $1.3M | $368.0K |
| (Gain) loss on disposal of property, net | -$38.8M | $30.0K | -$1.1M |
| Impairment of investment in third parties | $0 | $0 | $3.0M |
| Straight-line rent, net | -$10.7M | -$9.7M | -$10.1M |
| Share-based compensation | $11.7M | $9.7M | $6.9M |
| Return on investment in unconsolidated joint ventures | $772.0K | $348.0K | $271.0K |
| Other | -$243.0K | -$529.0K | -$1.0M |
| Other assets, net | -$17.5M | -$16.6M | -$11.5M |
| Accounts payable and other liabilities | $14.8M | $26.4M | $2.1M |
| Net cash provided by operating activities | $348.1M | $334.7M | $291.0M |
| Real estate acquisitions, net | -$360.2M | -$296.3M | -$270.3M |
| Capital expenditures | -$136.1M | -$95.1M | -$95.3M |
| Proceeds (payments) from sale of real estate, net | $121.7M | -$17.0K | $7.2M |
| Investment in unconsolidated joint ventures | -$13.7M | -$8.4M | $0 |
| Return of investment in unconsolidated joint ventures | $1.9M | $1.8M | $2.0M |
| Investment in marketable securities | -$8.3M | -$4.1M | $0 |
| Proceeds from sale of marketable securities | $133.0K | $5.8M | $400.0K |
| Insurance proceeds for property damage claims | $2.4M | $3.2M | $2.6M |
| Net cash used in investing activities | -$392.3M | -$392.9M | -$353.4M |
| Proceeds from the issuance of common stock | $0 | $74.5M | $149.1M |
| Payment of offering costs | $0 | -$929.0K | -$1.9M |
| Proceeds from revolving credit facility | $747.0M | $474.0M | $503.0M |
| Payments on revolving credit facility | -$695.0M | -$615.0M | -$401.0M |
| Proceeds from notes and loans payable, net | $346.3M | $683.0M | $58.0M |
| Payments on mortgages and loans payable | -$145.6M | -$408.5M | -$101.5M |
| Distributions paid | -$157.3M | -$134.0M | -$135.7M |
| Distributions to noncontrolling interests | -$16.6M | -$15.2M | -$16.0M |
| Net cash provided by financing activities | $78.8M | $58.0M | $53.9M |
| NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH | $34.7M | -$229.0K | -$8.5M |
| Cash paid for interest | $97.7M | $75.0M | $76.5M |
| Cash paid for income taxes, net | $1.6M | $922.0K | $689.0K |
| Right-of-use (ROU) assets obtained in exchange for new lease liabilities | $1.1M | $57.0K | $887.0K |
| Secured loan receivable | $17.4M | $0 | $0 |
| Accrued capital expenditures | $13.4M | $15.9M | $9.9M |
| Assumed other liabilities | $0 | $225.0K | $0 |
| Receivable from issuance of common stock | $0 | -$1.7M | $1.7M |
| Assumed debt obligations, net | $0 | $0 | $9.6M |
| Assumed below-market debt | $0 | $0 | $444.0K |
| Change in distributions payable | $845.0K | $12.8M | -$293.0K |
| Change in distributions payable - noncontrolling interests | $143.0K | $1.7M | $338.0K |
No quarter-by-quarter statement was filed.
Compare Phillips Edison & Company, Inc. with another company
Corporate structure
Phillips Edison & Company, Inc. sits at the top of its group. 414 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Phillips Edison & Company, Inc.
- Wellington Management Company Filed SCHEDULE 13G/A on Phillips Edison & Company, Inc., latest May 15, 2026 (7 filings since Feb 4, 2022)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Phillips Edison & Company, Inc., latest Apr 30, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Phillips Edison & Company, Inc., latest Mar 26, 2026 (5 filings since Feb 10, 2022)
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Phillips Edison & Company, Inc., latest Feb 5, 2026
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Filed SC 13G/A on Phillips Edison & Company, Inc., latest Feb 9, 2024 (4 filings since Feb 2, 2022)
- State Street Corporation Filed SC 13G on Phillips Edison & Company, Inc., latest Jan 29, 2024
- BlackRock Filed SC 13G/A on Phillips Edison & Company, Inc., latest Jan 19, 2024 (5 filings since Feb 4, 2022)
- Janus Henderson Group Ltd. Filed SC 13G/A on Phillips Edison & Company, Inc., latest Feb 9, 2023 (2 filings since Feb 11, 2022)
- MILLENNIUM MANAGEMENT LLC Filed SC 13G/A on Phillips Edison & Company, Inc., latest Jan 19, 2023 (2 filings since Mar 11, 2022)
- FMR LLC Filed SC 13G/A on Phillips Edison & Company, Inc., latest Feb 10, 2022 (2 filings since Feb 9, 2022)
- INTEGRATED CORE STRATEGIES (US) LLC Filed SC 13G/A on Phillips Edison & Company, Inc., latest Feb 2, 2022
- Jeffrey Edison Filed SC 13D/A on Phillips Edison & Company, Inc., latest Jan 27, 2022
- Phillips Edison & Company, Inc. Cincinnati, Ohio
- 12 West Station LLC Subsidiary · Delaware, United States
- 51st & Olive Station LLC Subsidiary · Delaware, United States
- 7400 Rivers Avenue LLC Subsidiary · Delaware, United States
- Aegis Waterford, L.L.C. Subsidiary · Delaware, United States
- Alameda Crossing Station II LLC Subsidiary · Delaware, United States
- Alameda Crossing Station III LLC Subsidiary · Delaware, United States
- Alameda Crossing Station LLC Subsidiary · Delaware, United States
- Albertville Station LLC Subsidiary · Delaware, United States
- Alico Station LLC Subsidiary · Delaware, United States
- Amherst Station II LLC Subsidiary · Delaware, United States
- Apache Shoppes Station LLC Subsidiary · Delaware, United States
- Arapahoe Station LLC Subsidiary · Delaware, United States
- Arcadia Station LLC Subsidiary · Delaware, United States
- Ardrey Kell Station LLC Subsidiary · Delaware, United States
- Arlington Station LLC Subsidiary · Delaware, United States
- Ashburn Farm Station LLC Subsidiary · Delaware, United States
- Atlantic Plaza Station LLC Subsidiary · Delaware, United States
- Atwater Station L.P. Subsidiary · Delaware, United States
- Avalon Station LLC Subsidiary · Delaware, United States
- Baker Hill Station LLC Subsidiary · Delaware, United States
- Bartow Marketplace Station LLC Subsidiary · Delaware, United States
- Bear Creek Station LLC Subsidiary · Delaware, United States
- Beavercreek Towne Station LLC Subsidiary · Delaware, United States
- Bel Air Station LLC Subsidiary · Delaware, United States
- Bethany Village Station LLC Subsidiary · Delaware, United States
- and 388 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Phillips Edison & Company, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land and buildings | $2.0B5 Dec 31, 2025 | $1.9B5 Dec 31, 2024 | +5.2% |
| Furniture and fixtures | $30.1M5 Dec 31, 2025 | $26.6M5 Dec 31, 2024 | +13.2% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $4.9B5 Dec 31, 2025 | $4.8B5 Dec 31, 2024 | +3.0% |
| Real estate investments, at cost | $6.9B5 Dec 31, 2025 | $6.6B5 Dec 31, 2024 | +5.1% |
| Real estate accumulated depreciation | $2.0B5 Dec 31, 2025 | $1.8B5 Dec 31, 2024 | +10.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $3.5M5 Dec 31, 2025 | $4.9M5 Dec 31, 2024 | −27.4% |
| Stakes in other companies (equity method) | $6.9M5 Dec 31, 2025 | $6.7M5 Dec 31, 2024 | +2.2% |
Intangibles and goodwill
Properties, in its own words
REAL ESTATE INVESTMENTS—The following table details information for our wholly-owned properties and those owned through our unconsolidated joint ventures as of December 31, 2025, which is the basis for determining the prorated information included in the subsequent tables (dollars and square feet in thousands):
Ownership Percentage · Number of Properties · ABR · GLA
The rest of Item 2
Wholly-owned properties · 100% · 297 · 539,129 · 33,495
GRP I · 14% · 20 · 33,528 · 2,221
NRV · 20% · 4 · 12,435 · 744
NGCF · 31% · 3 · 4,273 · 225
State · ABR(1) · % ABR · ABR/Leased Square Foot · GLA(2) · % GLA · % Leased · Number of Properties
Florida · 67,439 · 12.3 · 16.41 · 4,221 · 12.4 · 97.4 · 55
California · 57,786 · 10.5 · 23.65 · 2,508 · 7.4 · 97.4 · 27
Texas · 51,684 · 9.4 · 21.05 · 2,526 · 7.4 · 97.2 · 22
Georgia · 46,857 · 8.6 · 14.78 · 3,247 · 9.5 · 97.6 · 33
Ohio · 35,081 · 6.4 · 12.79 · 2,852 · 8.4 · 96.2 · 21
Illinois · 32,311 · 5.9 · 17.12 · 1,934 · 5.7 · 97.6 · 17
Colorado · 31,019 · 5.6 · 19.78 · 1,600 · 4.7 · 98.0 · 15
Virginia · 24,462 · 4.5 · 18.07 · 1,420 · 4.2 · 95.4 · 14
Minnesota · 22,877 · 4.2 · 17.82 · 1,307 · 3.8 · 98.2 · 13
Massachusetts · 18,203 · 3.3 · 16.18 · 1,151 · 3.4 · 97.8 · 9
Nevada · 16,037 · 2.9 · 24.48 · 663 · 1.9 · 98.8 · 5
Pennsylvania · 13,040 · 2.4 · 13.09 · 1,000 · 2.9 · 99.6 · 6
South Carolina · 12,901 · 2.4 · 12.94 · 1,010 · 3.0 · 98.7 · 10
Arizona · 11,949 · 2.2 · 16.14 · 750 · 2.2 · 98.8 · 7
Maryland · 11,857 · 2.2 · 22.61 · 541 · 1.6 · 97.0 · 5
North Carolina · 10,435 · 1.9 · 14.65 · 722 · 2.1 · 98.6 · 12
Wisconsin · 10,230 · 1.9 · 12.81 · 807 · 2.4 · 98.9 · 7
Tennessee · 8,804 · 1.6 · 11.25 · 802 · 2.4 · 97.6 · 5
Connecticut · 8,736 · 1.6 · 17.38 · 515 · 1.5 · 97.5 · 5
Washington · 8,030 · 1.5 · 22.85 · 380 · 1.1 · 92.4 · 4
Indiana · 7,654 · 1.4 · 9.67 · 832 · 2.5 · 95.2 · 5
Kentucky · 7,208 · 1.3 · 11.82 · 616 · 1.8 · 99.0 · 4
Michigan · 6,617 · 1.2 · 9.86 · 724 · 2.1 · 92.7 · 5
Oregon · 5,303 · 1.0 · 17.41 · 315 · 0.9 · 96.8 · 4
Kansas · 5,080 · 0.9 · 13.57 · 374 · 1.1 · 100.0 · 3
New Jersey · 4,393 · 0.8 · 25.92 · 169 · 0.5 · 100.0 · 1
New Mexico · 3,393 · 0.6 · 13.72 · 255 · 0.7 · 97.0 · 2
Missouri · 2,957 · 0.5 · 13.47 · 246 · 0.7 · 89.3 · 3
Iowa · 2,889 · 0.5 · 8.29 · 360 · 1.1 · 96.9 · 3
New York · 1,951 · 0.4 · 12.61 · 163 · 0.5 · 94.7 · 1
Utah · 461 · 0.1 · 31.70 · 15 · 0.1 · 100.0 · 1
Total · 547,644 · 100.0 · 16.54 · 34,025 · 100.0 · 97.3 · 324
(1)We calculate ABR as monthly contractual base rent as of December 31, 2025 multiplied by twelve months.
(2)GLA is defined as the total occupied and unoccupied square footage of a building that is available for Neighbors to lease.
TOP TEN CITIES—The following table presents the top ten city markets by ABR of our wholly-owned properties as of December 31, 2025 (dollars in thousands):
City · ABR(1) · % ABR
Atlanta · 39,644 · 7.4
Chicago · 29,342 · 5.4
Dallas · 26,074 · 4.8
Sacramento · 23,187 · 4.3
Denver · 22,414 · 4.2
Houston · 22,025 · 4.1
Minneapolis · 21,786 · 4.0
Las Vegas · 16,037 · 3.0
Washington D.C. · 15,631 · 2.9
Tampa · 14,808 · 2.7
Total · 230,948 · 42.8
(1)We calculate ABR as monthly contractual base rent as of December 31, 2025 multiplied by twelve months.
LEASE EXPIRATIONS—The following chart shows the aggregate scheduled lease expirations for our over 3,500 Neighbors, excluding our Neighbors who are occupying space on a temporary basis, after December 31, 2025 for each of the next ten years and thereafter for our wholly-owned properties and the prorated portion of those owned through our unconsolidated joint ventures:
Our ability to create rental rate growth generally depends on our leverage during new and renewal lease negotiations with prospective and existing Neighbors, which typically occurs when occupancy at our centers is high or during periods of economic growth and recovery. Conversely, we may experience rental rate decline when occupancy at our centers is low or during periods of economic recession, as the leverage during new and renewal lease negotiations may shift to prospective and existing Neighbors.
For our wholly-owned properties and those owned through our unconsolidated joint ventures, during the 2026 fiscal year, we have a total of 735 leases expiring, representing 2.7 million square feet of GLA. For our wholly-owned properties, during the 2026 fiscal year, we have 668 leases expiring, representing 2.7 million square feet of GLA. For our wholly-owned properties, the expiring leases have an ABR of $18.20 per square foot. While we cannot predict what rental rates we will achieve in 2026 as we renew or replace these expiring leases, the comparable rent spread of new leases signed during 2025 was 30.9%, and the comparable rent spread for lease renewals executed in 2025 was 20.7%. Further, during the 2025 fiscal year, our occupancy remained above 97%, indicating continued demand for leasing spaces at our centers.
See “Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations - Overview - Leasing Activity” of this filing on Form 10-K for further discussion of leasing activity.
PORTFOLIO TENANCY—We define national Neighbors as those Neighbors that operate in at least three states. Regional Neighbors are defined as those Neighbors that have at least three locations in fewer than three states. The following charts present the composition of our portfolio, including our wholly-owned properties and the prorated portion of those owned through our unconsolidated joint ventures, by Neighbor type as of December 31, 2025:
The following charts present the composition of our portfolio by Neighbor industry as of December 31, 2025:
Item 2 of the 10-K filed Feb 10, 2026.4
Leadership
Who has led Phillips Edison & Company, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
201520202025
- Chief executive officerJeffrey Edison Apr 30, 2012 to now13
- ChairJeffrey Edison Apr 2, 2013 to now14
- PresidentRobert F. Myers Jan 3, 2024 to now15
- PresidentJeffrey Edison Jan 4, 2019 to May 24, 201916
- PresidentDevin Ignatius Murphy Nov 1, 2019 to Nov 1, 202317
- PresidentRobert Mark Addy May 20, 2013 to Mar 5, 201518
- PresidentJohn Bessey Apr 30, 2012 to Mar 2, 201519
- Chief financial officerDevin Ignatius Murphy Dec 19, 2013 to May 24, 201920
- Chief operating officerJoseph Schlosser Feb 14, 2025 to now21
- Chief operating officerRobert F. Myers Nov 13, 2017 to Nov 1, 202322
- Chief operating officerRobert Mark Addy Apr 30, 2012 to Mar 5, 201523
Board members and other officers (17)
- Managing DirectorDevin Ignatius Murphy Jan 3, 2024 to Mar 5, 202424
- OfficerTanya Brady Mar 14, 2019 to now25
- Executive Vice PresidentRobert Mark Addy Nov 13, 2017 to Jan 3, 202026
- Chief Accounting OfficerJennifer L. Robison Mar 9, 2015 to now27
- Board memberDevin Ignatius Murphy Jul 5, 2024 to now28
- Board memberParilee Edison Wang Jun 30, 2023 to now29
- Board memberAnthony E. Terry Nov 1, 2023 to now30
- Board memberElizabeth Fischer Nov 7, 2019 to now31
- Board memberJane Silfen Nov 7, 2019 to now32
- Board memberDavid W. Garrison Nov 20, 2018 to Mar 14, 201933
- Board memberJohn A. Strong Nov 20, 2018 to now34
- Board memberStephen R. Quazzo Nov 18, 2013 to now35
- Board memberEthan Hershman Apr 30, 2012 to Jul 11, 201336
- Board memberJeffrey Edison Apr 30, 2012 to Nov 13, 201713
- Board memberLeslie T. Chao Apr 30, 2012 to now37
- Board memberPaul Massey Apr 30, 2012 to Nov 23, 202238
- Board memberWilliam M. Kahane Apr 30, 2012 to Apr 30, 201239
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 12 West Station LLC Delaware3
- 51st & Olive Station LLC Delaware3
- 7400 Rivers Avenue LLC Delaware3
- Aegis Waterford, L.L.C. Delaware3
- Alameda Crossing Station II LLC Delaware3
- Alameda Crossing Station III LLC Delaware3
- Alameda Crossing Station LLC Delaware3
- Albertville Station LLC Delaware3
- Alico Station LLC Delaware3
- Amherst Station II LLC Delaware3
- Apache Shoppes Station LLC Delaware3
- Arapahoe Station LLC Delaware3
- Arcadia Station LLC Delaware3
- Ardrey Kell Station LLC Delaware3
- Arlington Station LLC Delaware3
- Ashburn Farm Station LLC Delaware3
- Atlantic Plaza Station LLC Delaware3
- Atwater Station L.P. Delaware3
- Avalon Station LLC Delaware3
- Baker Hill Station LLC Delaware3
- Bartow Marketplace Station LLC Delaware3
- Bear Creek Station LLC Delaware3
- Beavercreek Towne Station LLC Delaware3
- Bel Air Station LLC Delaware3
All 415 listed subsidiaries
- Bethany Village Station LLC Delaware3
- Bethel Station LLC Delaware3
- Birdneck Station LLC Delaware3
- Bloomingdale Hills Station LLC Delaware3
- Boronda Station LLC Delaware3
- Boynton Beach Station LLC Delaware3
- Breakfast Point Station LLC Delaware3
- Brentwood Commons Station LLC Delaware3
- Broadlands Station LLC Delaware3
- Broadway Pavilion Station L.P. Delaware3
- Broadway Promenade Station LLC Delaware3
- Broadway Station LLC Delaware3
- Broomfield Marketplace Station LLC Delaware3
- Burbank Plaza Station LLC Delaware3
- Burwood Station LLC Delaware3
- Butler Creek Station LLC Delaware3
- Butler Station LLC Delaware3
- CRE BuildBridge LLC Delaware3
- Cahill Station LLC Delaware3
- Carriagetown Station LLC Delaware3
- Cascades Station LLC Delaware3
- CenTeComm LLC Delaware3
- Centennial Lakes Station LLC Delaware3
- Centerpoint Station LLC Delaware3
- Central Station (KY) LLC Delaware3
- Central Valley Station L.P. Delaware3
- Champions Gate Station LLC Delaware3
- Chapel Hill North Station LLC Delaware3
- Chapel Hill North Station Outparcel LLC Delaware3
- Cherry Hill Station LLC Delaware3
- Cheshire Station LLC Delaware3
- Chinoe Station LLC Delaware3
- Cinco Ranch Station II LLC Delaware3
- Cinco Ranch Station LLC Delaware3
- CitiCentre Station LLC Delaware3
- Claremont Village Station LLC Delaware3
- Clayton Station L.P. Delaware3
- Cocoa Commons Station LLC Delaware3
- College Plaza Station LLC Delaware3
- Collington Plaza Station LLC Delaware3
- Colonial Promenade Station LLC Delaware3
- Commerce GP LLC Delaware3
- Commerce Station LP Delaware3
- Commonwealth Square Station L.P. Delaware3
- Contra Loma Station II L.P. Delaware3
- Contra Loma Station L.P. Delaware3
- Contra Loma Station Outparcel L.P. Delaware3
- Coppell Station LLC Delaware3
- Coquina Station LLC Delaware3
- Coronado Center Station LLC Delaware3
- Courthouse Marketplace Station LLC Delaware3
- Cross Creek Ranch Station I LLC Delaware3
- Cross Creek Ranch Station II LLC Delaware3
- Cross Creek Station LLC Delaware3
- Crosscreek Station II LLC Delaware3
- Crosscreek Village Station LLC Delaware3
- Crossroads Asheboro Station L.P. Delaware3
- Crossroads NLV Station LLC Delaware3
- Crystal Station LLC Delaware3
- Cureton Station L.P. Delaware3
- Cushing Station LLC Delaware3
- Dean Taylor Station LLC Delaware3
- Deerwood Lake Station LLC Delaware3
- Del Paso Station L.P. Delaware3
- Delafield Station LLC Delaware3
- Des Peres Station LLC Delaware3
- Driftwood Village Station L.P. Delaware3
- Dublin Station LLC Delaware3
- Duck Creek Station LLC Delaware3
- Dunlop Station LLC Delaware3
- Dyer Station LLC Delaware3
- Eagles Landing Station LLC Delaware3
- East Burnside Station LLC Delaware3
- East Side Station LLC Delaware3
- Edgecombe Station L.P. Delaware3
- Edgewood Station LLC Delaware3
- Enfield Station LLC Delaware3
- Evans Outparcel Station LLC Delaware3
- Evans Station LLC Delaware3
- Everson Pointe Station LLC Delaware3
- Fair Acres Station LLC Delaware3
- Fairfield Commons Station LLC Delaware3
- Fairfield Station LLC Delaware3
- Fairlawn Station LLC Delaware3
- Fairview Oaks Station LLC Delaware3
- Fairview Plaza Station (PA) LLC Delaware3
- Falcon Valley Station LLC Delaware3
- Farmington Station LLC Delaware3
- Five Town Station LLC Delaware3
- Flag City Station LLC Delaware3
- Flynn Crossing Station LLC Delaware3
- Foothill Station L.P. Delaware3
- Forest Park Station II LLC Delaware3
- Forest Park Station LLC Delaware3
- Foxridge Station LLC Delaware3
- Franklin Station LLC Delaware3
- French Golden Gate Station LLC Delaware3
- Georgesville Station LLC Delaware3
- Glen Lakes Station II LLC Delaware3
- Glen Lakes Station LLC Delaware3
- Glenbrook Station LLC Delaware3
- Glenwood Crossing Station LLC Delaware3
- Glenwood Station LLC Delaware3
- Glynn Place Station LLC Delaware3
- Golden Eagle Station II LLC Delaware3
- Golden Eagle Station LLC Delaware3
- Golden Station LLC Delaware3
- Goolsby Pointe Outparcel Station LLC Delaware3
- Goolsby Pointe Station LLC Delaware3
- Goshen Station LLC Delaware3
- Grassland Crossing Station LLC Delaware3
- Grayson Station LLC Delaware3
- Green Valley Station LLC Delaware3
- Greentree Station LLC Delaware3
- Grocery Retail Partners I LLC Delaware3
- Hamilton Mill Village Station LLC Delaware3
- Hamilton Ridge Station LLC Delaware3
- Hamilton Ridge Station Outparcel LLC Delaware3
- Hamilton Village Station LLC Delaware3
- Hampton Pointe Station LLC Delaware3
- Hampton Village Station LLC Delaware3
- Harbour Village Station LLC Delaware3
- Harpers Station LLC Delaware3
- Harrison Pointe Station LLC Delaware3
- Hartville Station LLC Delaware3
- Harvest Station LLC Delaware3
- Hastings Marketplace Station LLC Delaware3
- Heath Brook Station LLC Delaware3
- Heritage Plaza Station II LLC Delaware3
- Heritage Plaza Station LLC Delaware3
- Herndon Station L.P. Delaware3
- Heron Creek Station I LLC Delaware3
- Heron Creek Station LLC Delaware3
- Hickory Creek Station LLC Delaware3
- Hickory Flat Station LLC Delaware3
- Hickory Station LLC Delaware3
- Highland Fair Station LLC Delaware3
- Hilander Village Station LLC Delaware3
- Hilfiker Station LLC Delaware3
- Hillside - West LLC Delaware3
- Hoffman Village Station LLC Delaware3
- Hurstborne Townfair Station LLC Delaware3
- Indian Wells Station L.P. Delaware3
- Irmo Station LLC Delaware3
- Island Walk Station LLC Delaware3
- Jensen Beach Station LLC Delaware3
- Kings Crossing Station LLC Delaware3
- Kipling Station LLC Delaware3
- Kirkwood Market Place Station LLC Delaware3
- Kleinwood Station LLC Delaware3
- LaPlata IV LLC Delaware3
- LaPlata North LLC Delaware3
- LaPlata Plaza LLC Delaware3
- LaPlata South LLC Delaware3
- Lafayette Station LLC Ohio3
- Laguna Station L.P. Delaware3
- Lake Mary Station LLC Delaware3
- Lake Pointe Station LLC Delaware3
- Lake Village Station LLC Delaware3
- Lake Village Station Outparcel LLC Delaware3
- Lake Washington Station LLC Delaware3
- Lakeland Station LLC Delaware3
- Lakeside (Salem) Station LLC Delaware3
- Lakewood (Ohio) Station LLC Delaware3
- Lakewood Station LLC Delaware3
- Lemont Plaza Station LLC Delaware3
- Livonia Station LLC Delaware3
- Loganville Crossing Station LLC Delaware3
- Loganville Station LLC Delaware3
- Loganville Station Outparcel LLC Delaware3
- Lumina Commons Station LLC Delaware3
- Lutz Lake Station LLC Delaware3
- Lynnwood Place Station LLC Delaware3
- Mableton Crossing Station LLC Delaware3
- Macland Pointe Station LLC Delaware3
- Mansell Village Station LLC Delaware3
- Mansfield Station LLC Delaware3
- Maple View Outparcel Station LLC Delaware3
- Maple View Station LLC Delaware3
- Marion Oaks Station LLC Delaware3
- Marion Oaks TRS Station LLC Delaware3
- Market Walk Station LLC Delaware3
- Mayfair Station LLC Delaware3
- McKinney Station II LLC Delaware3
- McKinney Station LLC Delaware3
- Meadows on the Parkway Station LLC Delaware3
- Meadowthorpe Station LLC Delaware3
- Memorial Kirkwood Station LLC Delaware3
- MetroWest Village Station LLC Delaware3
- Milan Station LLC Delaware3
- Monfort Heights Station LLC Delaware3
- Montville Station LLC Delaware3
- Mountain Crossing Station LLC Delaware3
- Mountain Park Station LLC Delaware3
- Murphy Marketplace Station LLC Delaware3
- Murray Station LLC Delaware3
- Murray Station North LLC Delaware3
- Murray Station Outlot LLC Delaware3
- NGCF PE Member LLC Delaware3
- NRV PE Member LLC Delaware3
- Naperville Crossings Station II LLC Delaware3
- Naperville Crossings Station LLC Delaware3
- New Bern Station LLC Delaware3
- New Prague Station LLC Delaware3
- Nordan Station LLC Delaware3
- Normal Station LLC Delaware3
- Normandale Station LLC Delaware3
- North Point Station L.P. Delaware3
- North Pointe (SC) Station LLC Delaware3
- Northlake Station LLC Delaware3
- Northpark Station LLC Delaware3
- Northpark Village Station LLC Delaware3
- Northridge Station LLC Delaware3
- Northside Station L.P. Delaware3
- Northstar Marketplace Station LLC Delaware3
- Northtowne Station LLC Delaware3
- Northwoods Crossing Station LLC Delaware3
- Norwood Station LLC Delaware3
- Oak Creek Station LLC Delaware3
- Oak Grove Station LLC Delaware3
- Oak Meadows Station LLC Delaware3
- Oak Mill Station II LLC Delaware3
- Oak Mill Station LLC Delaware3
- Oakhurst Plaza Station LLC Delaware3
- Ocean Breeze Station LLC Delaware3
- Old Alabama Square Station LLC Delaware3
- Onalaska Station LLC Delaware3
- Orange Grove Station LLC Delaware3
- Orchard Square Station LLC Delaware3
- Orchards Center Station LLC Delaware3
- Ormond Beach Station LLC Delaware3
- PAI GP LLC Delaware3
- PE OP II Value Added Grocery, LLC Delaware3
- PE Value Added Grocery HoldCo, LLC Delaware3
- PECO GRP I Managing Member LLC Delaware3
- PECO Value Added Grocery Manager, LLC Delaware3
- Pabst Farms Station II LLC Delaware3
- Pabst Farms Station LLC Delaware3
- Palmer Town Station LLC Delaware3
- Palmetto Pavilion Station LLC Delaware3
- Paradise Crossing Station LLC Delaware3
- Paradise Lakes Station LLC Delaware3
- Park Place Station LLC Delaware3
- Parsons Village Station LLC Ohio3
- Pawleys Island Station LLC Delaware3
- Phillips Edison & Company Ltd. Ohio3
- Phillips Edison & Company, Inc. Maryland3
- Phillips Edison Employee Partnership LLC Delaware3
- Phillips Edison Grocery Center OP GP I LLC Delaware3
- Phillips Edison Grocery Center OP GP II LLC Delaware3
- Phillips Edison Grocery Center Operating Partnership I, L.P. Delaware3
- Phillips Edison Grocery Center Operating Partnership II, L.P. Delaware3
- Phillips Edison Grocery TRS, Inc Delaware3
- Phillips Edison HoldCo LLC Ohio3
- Phillips Edison HoldCo Manager LLC Ohio3
- Phillips Edison Institutional Joint Venture I, L.P. Delaware3
- Phillips Edison Institutional REIT LLC Delaware3
- Phillips Edison Institutional REIT QRS LLC Delaware3
- Phillips Edison NTR III LLC Delaware3
- Phillips Edison North Carolina LLC Delaware3
- Phillips Edison Value Added Grocery Venture, LLC Delaware3
- Plano Station LLC Delaware3
- Plaza 23 Station LLC Delaware3
- Plaza of the Oaks Station LLC Delaware3
- Point Loomis Station II LLC Delaware3
- Point Loomis Station III LLC Delaware3
- Point Loomis Station LLC Delaware3
- Providence Commons Station LLC Delaware3
- Quail Pointe Station L.P. Delaware3
- Quartz Hill Station II L.P. Delaware3
- Quartz Hill Station III L.P. Delaware3
- Quartz Hill Station LLC Delaware3
- Quivira Crossings Station LLC Delaware3
- Quivira Crossings Station Outparcel LLC Delaware3
- Rainbow Station North LLC Delaware3
- Rainbow Station South LLC Delaware3
- Raynham Station II LLC Delaware3
- Raynham Station LLC Delaware3
- Red Maple Station L.P. Delaware3
- Richmond Station LLC Delaware3
- Ridgeview Marketplace Station II LLC Delaware3
- Ridgeview Marketplace Station LLC Delaware3
- Rio Hill Station LLC Delaware3
- Riverlakes Station L.P. Delaware3
- Rivermont Station II LLC Delaware3
- Rivermont Station LLC Delaware3
- Riverpark Station LLC Delaware3
- Riverplace Station LLC Delaware3
- Rockledge Station LLC Delaware3
- Rocky Ridge Station LLC Delaware3
- Rolling Meadows Station LLC Delaware3
- Rosewick Crossing Station LLC Delaware3
- Roxborough Station LLC Delaware3
- Rue De France Station LLC Delaware3
- San Mateo Station LLC Delaware3
- Sandhill Village Station LLC Delaware3
- Sanibel Station LLC Delaware3
- Savage Station LLC Delaware3
- Savoy Station LLC Delaware3
- Seven Hills Station LLC Delaware3
- Shakopee Station LLC Delaware3
- Shasta Station L.P. Delaware3
- Shaws Easton Station LLC Delaware3
- Shaws Hanover Station LLC Delaware3
- Sheffield Crossing Station LLC Delaware3
- Shiloh Station LLC Delaware3
- Shoregate Station LLC Delaware3
- Shorewood Station LLC Delaware3
- Sidney Station LLC Delaware3
- Sierra Station L.P. Delaware3
- Sierra Vista Station L.P. Delaware3
- Signature Capital Development LLC Delaware3
- Silver Rock Insurance, Inc. Utah3
- Silver Rock Real Estate LLC Delaware3
- Snowview Station LLC Delaware3
- South Oaks (Missouri) Station LLC Delaware3
- South Oaks Station LLC Ohio3
- South Point Station LLC Delaware3
- Southampton Outparcel Station LLC Delaware3
- Southampton Station LLC Delaware3
- Southern Palms Station LLC Delaware3
- Southfield Station LLC Delaware3
- Southgate Station LLC Delaware3
- Southwest Marketplace Station LLC Delaware3
- Spivey Junction Station LLC Delaware3
- Spring Cypress Village Station LLC Delaware3
- Springs Station LLC Delaware3
- St Cloud Station LLC Delaware3
- St. Charles Station LLC Delaware3
- Statler Station LLC Delaware3
- Staunton Station LLC Delaware3
- Sterling Point Station L.P. Delaware3
- Stockbridge Station LLC Delaware3
- Stockbridge Station Outparcel LLC Delaware3
- Stone Gate Station LLC Delaware3
- Stonewall Station LLC Delaware3
- Sudbury Crossing Station LLC Delaware3
- Sulphur Grove Station LLC Delaware3
- Summerville Station LLC Delaware3
- Sunburst Station LLC Delaware3
- Sunridge Station L.P. Delaware3
- Sunset Center Station LLC Delaware3
- Sunset Lakes Station LLC Delaware3
- Suntree Station LLC Delaware3
- Surprise Lake Station LLC Delaware3
- The Phillips Edison Group II LLC Delaware3
- The Phillips Edison Group LLC Ohio3
- Thompson Valley Station III LLC Delaware3
- Thompson Valley Station LLC Delaware3
- Thompson Valley Station Outlot LLC Delaware3
- Titusville Station II LLC Delaware3
- Titusville Station LLC Delaware3
- Town & Country (CA) Station L.P. Delaware3
- Town & Country Noblesville Station LLC Delaware3
- Towne Crossing Station LLC Delaware3
- Townfair (PA) Station LLC Delaware3
- Tramway Station L.P Delaware3
- Uptown Station LLC Delaware3
- Valrico Station LLC Delaware3
- Village Center Station LLC Delaware3
- Village Mooresville Station LLC Delaware3
- Village One Station LLC Delaware3
- Vineyard Center Station L.P. Delaware3
- Vineyard Station LLC Delaware3
- Walden Park Station LLC Delaware3
- Waterford Park Station LLC Delaware3
- Waynesboro Station LLC Delaware3
- Wesley Chapel Station LLC Delaware3
- West Acres Station L.P. Delaware3
- West Creek Station LLC Delaware3
- West Village Station LLC Delaware3
- Westcreek Plaza Station LLC Delaware3
- Westgate North Station LLC Delaware3
- Westgate Ohio Station LLC Delaware3
- Westridge Outparcel Station LLC Delaware3
- Westridge Station LLC Delaware3
- Westwoods Station LLC Delaware3
- Westwoods Station Phase II LLC Delaware3
- Wheat Ridge Station LLC Delaware3
- Willimantic Station LLC Delaware3
- Willowbrook Commons Station LLC Delaware3
- Winchester Gateway Station LLC Delaware3
- Windermere Station LLC Delaware3
- Windmill Place Station LLC Delaware3
- Windmill Station L.P. Delaware3
- Windover Station LLC Delaware3
- Windsor Station L.P. Delaware3
- Winter Springs Station LLC Delaware3
- Wyandotte Plaza Station LLC Delaware3
- Yorktown Station II LLC Delaware3
- Yorktown Station LLC Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Oct 2, 20268-K Regulation FD disclosure; Other events40
- Sep 1, 20268-K Regulation FD disclosure41
- Aug 10, 20268-K Other events42
- Aug 5, 20268-K Regulation FD disclosure43
- Jul 23, 20268-K Results of operations; Regulation FD disclosure44
- May 12, 20268-K Shareholder vote; Regulation FD disclosure45
- Apr 23, 20268-K Results of operations; Regulation FD disclosure46
- Feb 26, 20268-K Entered a material agreement; New debt or obligation; Other events47
- Feb 12, 20268-K Regulation FD disclosure48
- Feb 5, 20268-K Results of operations; Regulation FD disclosure49
- Dec 17, 20258-K Regulation FD disclosure50
- Nov 5, 20258-K Regulation FD disclosure51
- Apr 30, 2012New chief executive Jeffrey Edison becomes CEO13
Calendar
Coming up
- Oct 26, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.65 a share, on Oct 23, 2025.52
- Nov 16, 2026Dividend Ex-dividend; $0.115 a share; paid 2026-12-01.53
When it reported results
- Jul 23, 2026Reported quarterly or annual results44
- Apr 23, 2026Reported quarterly or annual results46
- Feb 5, 2026Reported quarterly or annual results49
- Oct 23, 2025Reported quarterly or annual results54
- Jul 24, 2025Reported quarterly or annual results55
- Apr 24, 2025Reported quarterly or annual results56
- Feb 6, 2025Reported quarterly or annual results57
- Oct 24, 2024Reported quarterly or annual results58
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
319 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 68 major events, 166 insider forms, 32 large holders, 33 other. The latest 20:
- Oct 2, 20268-K EDGAR
- Sep 1, 20268-K EDGAR
- Aug 10, 20268-K EDGAR
- Aug 10, 2026424B5 EDGAR
- Aug 5, 20268-K EDGAR
- Jul 24, 202610-Q EDGAR
- Jul 23, 20268-K EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 12, 20268-K EDGAR
- May 4, 20264 EDGAR
- May 4, 20264 EDGAR
The 319 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 16, 2023 | CHAO LESLIE TDirector | Buy | 10,000 | $29.18 | $291.8K | Form 4 |
| Nov 21, 2022 | Massey PaulDirector | Sale | 9,600 | $31.42 | $301.6K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Wellington Management CompanySCHEDULE 13G/A, 7 filings Feb 4, 2022 to May 15, 202659
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 202660
- VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Mar 26, 202661
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Feb 5, 202662
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/SC 13G/A, 4 filings Feb 2, 2022 to Feb 9, 202463
- State Street CorporationSC 13G, 1 filing Jan 29, 202464
- BlackRockSC 13G/A, 5 filings Feb 4, 2022 to Jan 19, 202465
- Janus Henderson Group Ltd.SC 13G/A, 2 filings Feb 11, 2022 to Feb 9, 202366
- MILLENNIUM MANAGEMENT LLCSC 13G/A, 2 filings Mar 11, 2022 to Jan 19, 202367
- FMR LLCSC 13G/A, 2 filings Feb 9, 2022 to Feb 10, 202268
- INTEGRATED CORE STRATEGIES (US) LLCSC 13G/A, 1 filing Feb 2, 202269
- Jeffrey EdisonSC 13D/A, 1 filing Jan 27, 202270
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Jeffrey S. Edison | $8.1M71 | ||
| 2025 | Robert F. Myers | $2.9M71 | ||
| 2025 | John P. Caulfield | $2.4M71 | ||
| 2025 | Joseph G. Schlosser | $1.5M71 | ||
| 2025 | Tanya E. Brady | $1.4M71 | ||
| 2024 | Chairman of the Board | $7.0M71 | ||
| 2024 | President | $2.6M71 | ||
| 2024 | Chief Financial OfficerExecutive | $1.9M71 | ||
| 2024 | Chief Legal & Administrative Officer, | $1.2M71 | ||
| 2023 | and Chief Executive Officer | $7.1M71 | ||
| 2023 | President | $2.4M71 | ||
| 2023 | Vice President and Treasurer | $1.6M71 | ||
| 2023 | Executive VicePresident and Secretary | $1.2M71 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 23,307,528 | $970.1M | 0.0% | +1,256,516 |
| Vanguard Portfolio Management LLC | 14,398,478 | $599.3M | 0.0% | +511,118 |
| State Street Corp | 7,290,689 | $304.2M | 0.0% | +161,064 |
| Vanguard Capital Management LLC | 5,728,291 | $238.4M | 0.0% | +32,997 |
| Fmr LLC | 4,220,531 | $175.7M | 0.0% | +87,939 |
| Wellington Management Group Llp | 4,011,362 | $167.0M | 0.0% | −1,200,733 |
| Geode Capital Management, LLC | 3,767,699 | $156.8M | 0.0% | +222,607 |
| Canada Pension Plan Investment Board | 3,351,653 | $139.5M | 0.1% | +54,980 |
| Goldman Sachs Group Inc | 2,939,127 | $122.3M | 0.0% | +1,235,955 |
| Charles Schwab Investment Management Inc | 2,468,884 | $102.8M | 0.0% | +105,405 |
| Northern Trust Corp | 2,346,911 | $97.7M | 0.0% | +856,424 |
| Duff & Phelps Investment Management Co | 2,006,105 | $83.5M | 0.8% | +204,589 |
| Jpmorgan Chase & Co | 1,928,640 | $81.7M | 0.0% | +136,992 |
| Dimensional Fund Advisors LP | 1,917,053 | $79.8M | 0.0% | +17,839 |
| Norges Bank | 1,652,337 | $68.8M | 0.0% | New |
| Bank Of America Corp /de/ | 1,123,351 | $46.8M | 0.0% | +569,574 |
| Bank of New York Mellon Corp | 998,094 | $41.5M | 0.0% | +55,482 |
| Arrowstreet Capital, Limited Partnership | 994,906 | $41.4M | 0.0% | +511,598 |
| Alyeska Investment Group, L.P. | 969,995 | $40.4M | 0.1% | +912,698 |
| Ameriprise Financial Inc | 946,006 | $39.4M | 0.0% | −1,315 |
| Morgan Stanley | 901,192 | $37.5M | 0.0% | −44,935 |
| Vanguard Fiduciary Trust Co | 840,299 | $35.0M | 0.0% | +14,672 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 836,830 | $34.8M | 0.0% | +834,250 |
| Nuveen, LLC | 805,923 | $33.5M | 0.0% | −186,930 |
| Jupiter Asset Management Ltd | 770,034 | $32.0M | 0.2% | New |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Aug 4, 2025 | Lisa C. McClainRepublican, House | Sale | $1,001 - $15,000 | +9.7% | Report |
| Jul 16, 2025 | Lisa C. McClainRepublican, House | Buy | $1,001 - $15,000 | −14.5% | Report |
| Jul 12, 2023 | Daniel S. GoldmanDemocratic, House | Sale | $15,001 - $50,000 | +61.6% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Phillips Edison & Company, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPhillips Edison & Company, Inc.1
- CIK0001476204
- Employer ID (EIN)27-11060764
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inMaryland4
- Fiscal year endsDecember 311
- Industry code (SIC)6798 Real Estate Investment Trusts1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address11501 Northlake Drive, Cincinnati, OH 452491
- Phone513-554-11101
- Shares outstanding128,700,000 as of Jul 17, 202611
- Public float$4.4B as of Jun 30, 20254
- AuditorDeloitte & Touche LLP, Cincinnati, Ohio PCAOB ID 34; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceJan 13, 20101
- Filings1,002 in all: 4 (314), 8-K (265), 424B3 (58), 10-Q (49), 3 (27), DEFA14A (23), CORRESP (18), EFFECT (18)1
All 55 form types
UPLOAD (18), 8-K/A (17), 10-K (16), SC 13G/A (16), POS AM (15), 424B5 (14), DEF 14A (13), FWP (13), SC 13G (12), ARS (9), 4/A (8), 425 (7), S-11/A (7), SC TO-I/A (6), SC TO-T/A (5), S-8 (4), SCHEDULE 13G/A (4), POS EX (3), PRE 14A (3), S-11 (3), S-3D (3), SCHEDULE 13G (3), 8-A12G (2), DEFR14A (2), S-3ASR (2), S-4 (2), SC TO-I (2), SC TO-T (2), 10-K/A (1), 3/A (1), 40-APP (1), 424B4 (1), 8-A12B (1), CERT (1), DEFM14A (1), PREM14A (1), RW (1), S-3 (1), S-3/A (1), S-3DPOS (1), S-4/A (1), S-8 POS (1), SC 13D (1), SC 13D/A (1), SC 14D9 (1), SC 14D9/A (1), SC TO-C (1)
- Latest filingsAnnual report (10-K) Feb 10, 2026
Quarterly report (10-Q) Jul 24, 2026
Proxy statement (DEF 14A) Mar 23, 2026
Latest 8-K (8-K) Oct 2, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $0.01 per share | PECO | Nasdaq Global Select Market |
From the cover page of the 10-K filed Feb 10, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks Phillips Edison & Company, Inc. names in Item 1A of its 10-K filed Feb 10, 2026: 51 risks under these headings, as written.4
- You should specifically consider the following material risks in addition to the other information contained in this Annual Report on Form 10-K. The occurrence of any of the following risks might have a material adverse effect on our business, operating results, financial condition, and cash flows. Additional risks and uncertainties not presently known to us or that we currently deem immaterial also may impair our business, operating results, financial condition, and cash flows.
- Risks Related to Our Business and Operations
- Our financial performance depends on the stability and success of our Neighbors, and the loss, failure, departure or bankruptcy of significant Neighbors – including major anchor stores – or a high volume of smaller Neighbors, could adversely affect our revenues, occupancy, and results of operations.
- We may be unable to sell shopping centers when desired, at an attractive price, or at all, and the sale of a property could cause significant tax payments.
- We face competition and other risks in pursuing acquisition opportunities that could increase the cost of such acquisitions and/or limit our ability to grow, and we may not be able to generate expected returns or successfully integrate completed acquisitions into our existing operations.
- We share ownership of our unconsolidated joint ventures and do not have exclusive decision-making power, and as such, we are unable to ensure that our objectives will be pursued.
- Our real estate assets may decline in value and be subject to significant impairment losses, which may reduce our net income.
- Our development and redevelopment projects involve inherent risks and may not achieve their underwritten returns, which could adversely affect our financial condition, cash flows, and results of operations.
- Adverse economic, regulatory, market, and real estate conditions may adversely affect our financial condition, cash flows, and results of operations.
- The continued shift in retail sales towards e-commerce may adversely affect our financial condition, cash flows, and results of operations.
- Pandemics, epidemics, or other health crises may have a negative effect on our and our Neighbors’ businesses, financial condition, results of operations, cash flows, and liquidity.
- Increased scrutiny on Environmental, Social and Governance factors may impose additional costs and expose us to new risks.
The other 40 risks
- We use artificial intelligence technologies in our business, and the use of these technologies involve technological and legal risk.
- Risks Related to Our Indebtedness and Liquidity
- We have substantial indebtedness, and we may need to incur additional indebtedness, including recourse debt, in the future, which could adversely affect our business, financial condition, and ability to make distributions to our stockholders.
- We may not be able to access financing on favorable terms, or at all.
- Covenants in our loan agreements may restrict our operations and adversely affect our financial condition and ability to make distributions to our stockholders.
- Covenants in certain of our loan agreements specify that certain named individuals must remain a member of management and/or our Board of Directors (the “Board”) or require certain level of management or Board continuity in connection with a fundamental transaction.
- Higher market capitalization rates and lower NOI for our shopping centers may adversely impact our ability to sell shopping centers and fund developments and acquisitions, and may dilute earnings.
- Increases in interest rates could increase the amount of our interest payments and adversely affect our ability to pay distributions to our stockholders.
- Hedging activity may expose us to risks, including the risks that a counterparty will not perform and that the hedge will not yield the economic benefits we anticipate, which may adversely affect our financial condition, cash flows, and results of operations.
- Risks Related to Our Corporate Structure and Organization
- The Operating Partnership’s limited partnership agreement grants certain rights and protections to the limited partners, which allows them to vote in connection with a change of control transaction that might involve a premium price for shares of our common stock.
- We and our consolidated subsidiary, the Operating Partnership, entered into tax protection agreements with certain protected partners, which may limit the Operating Partnership’s ability to sell or otherwise dispose of certain shopping centers and may require the Operating Partnership to maintain certain debt levels that otherwise would not be required to operate its business.
- Our stockholders have limited control over changes in our policies and operations, which increases the uncertainty and risks our stockholders face.
- Our charter, bylaws, and Maryland law contain terms that may discourage a third party from acquiring us in a manner that could result in a premium price to our stockholders.
- Our rights and the rights of our stockholders to recover claims against our officers and directors are limited, which could reduce our stockholders’ and our recovery against them if they cause us to incur losses.
- Risks Related to Our REIT Status and Other Tax Risks
- Failure to qualify as a REIT would cause us to be taxed as a regular C corporation, which would substantially reduce funds available for distributions to stockholders.
- Even if we qualify as a REIT, we may face other tax liabilities that reduce our cash flows.
- If the Operating Partnership fails to qualify as a partnership for U.S. federal income tax purposes, we would fail to qualify as a REIT and would suffer adverse consequences.
- The Operating Partnership has a carryover tax basis on certain of its assets as a result of our acquisition of PELP, and our merger with Phillips Edison Grocery Center REIT II, Inc. (“REIT II”), and the amount that we have to distribute to stockholders therefore may be higher.
- Our property taxes could increase due to property tax rate changes or reassessment, which could impact our cash flow.
- Our use of taxable REIT subsidiary (“TRS”) entities may jeopardize our REIT qualification and expose us to significant tax liabilities.
- REIT distribution requirements could adversely affect our ability to execute our business plans, including because we may be required to borrow funds to make distributions to stockholders or otherwise depend on external sources of capital to fund such distributions.
- Complying with REIT requirements may cause us to forgo otherwise attractive opportunities or liquidate otherwise attractive investments.
- The prohibited transactions tax may limit our ability to engage in transactions, including disposition of assets, which would be treated as sales for U.S. federal income tax purposes.
- We may recognize substantial amounts of REIT taxable income, which we would be required to distribute to our stockholders, in a year in which we are not profitable under accounting principles generally accepted in the United States (“GAAP”) or other economic measures.
- Our qualification as a REIT could be jeopardized as a result of an interest in joint ventures or investment funds.
- Distributions paid by REITs do not qualify for the reduced tax rates that apply to other corporate distributions.
- Legislative or regulatory tax changes could adversely affect us or our stockholders.
- If our assets are deemed to be plan assets, we may be exposed to liabilities under Title I of the Employee Retirement Income Security Act of 1974 (“ERISA”) and the IRC.
- Risks Related to Business Continuity and Cybersecurity
- Uninsured losses relating to real property or excessively expensive premiums for insurance coverage could adversely affect our cash flows and stockholder returns.
- Climate change may adversely affect our business, financial condition, cash flows, and results of operations.
- As an owner and/or operator of real estate, we could become subject to liability for environmental violations, regardless of whether we caused such violations, and our efforts to identify environmental liabilities may not be successful.
- We and our Neighbors face risks relating to cybersecurity attacks. These attacks could lead to significant disruptions to our and our Neighbor’s business operations, third party lawsuits, and adverse regulatory actions. Efforts to respond to these attacks and comply with new laws and regulations regarding cybersecurity and privacy may result in substantial costs and may decrease cash available for distributions.
- Regulatory and Legal Risks
- Compliance or failure to comply with the ADA, and fire, safety, and other regulations could result in substantial costs and may decrease cash available for stockholder distributions.
- We could be subject to legal or regulatory proceedings that may adversely affect our cash flows and results of operations.
- Risks Related to Our Common Stock
- The market price and trading volume of shares of our common stock may be volatile.
- The number of shares of our common stock available for future issuance or sale could adversely affect the market price of our common stock.
- Future offerings of debt securities, which would be senior to our common stock upon liquidation, and/or preferred equity securities, which may be senior to our common stock for purposes of dividend distributions or upon liquidation, may adversely affect the market price of our common stock.
- If we pay distributions from sources other than our cash flows from operations, we may not be able to sustain our distribution rate, we may have fewer funds available for investment in shopping centers and other assets, and our stockholders’ overall returns may be reduced.
- Our distributions to stockholders may change, which could adversely affect the market price of shares of our common stock.
- Increases in market interest rates may result in a decrease in the value of shares of our common stock.
- If we fail to maintain an effective system of internal control over financial reporting and disclosure controls, we may not be able to accurately and timely report our financial results.
Legal proceedings
From time to time, we are party to legal proceedings, which arise in the ordinary course of our business. We are not currently involved in any legal proceedings for which we are not covered by our liability insurance or the outcome is reasonably likely to have a material impact on our results of operations or financial condition, nor are we aware of any such legal proceedings contemplated by governmental authorities.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARJeffrey Edison, Chair
- 15SEC EDGARRobert F. Myers, President
- 16SEC EDGARJeffrey Edison, President
- 17SEC EDGARDevin Ignatius Murphy, President
- 18SEC EDGARRobert Mark Addy, President
- 19SEC EDGARJohn Bessey, President
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- 25SEC EDGARTanya Brady, Officer
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- 28SEC EDGARDevin Ignatius Murphy, Board member
- 29SEC EDGARParilee Edison Wang, Board member
- 30SEC EDGARAnthony E. Terry, Board member
- 31SEC EDGARElizabeth Fischer, Board member
- 32SEC EDGARJane Silfen, Board member
- 33SEC EDGARDavid W. Garrison, Board member
- 34SEC EDGARJohn A. Strong, Board member
- 35SEC EDGARStephen R. Quazzo, Board member
- 36SEC EDGAREthan Hershman, Board member
- 37SEC EDGARLeslie T. Chao, Board member
- 38SEC EDGARPaul Massey, Board member
- 39SEC EDGARWilliam M. Kahane, Board member
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- 41SEC EDGARRegulation FD disclosure
- 42SEC EDGAROther events
- 43SEC EDGARRegulation FD disclosure
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- 48SEC EDGARRegulation FD disclosure
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- 50SEC EDGARRegulation FD disclosure
- 51SEC EDGARRegulation FD disclosure
- 52NasdaqNasdaq calendar
- 53NasdaqNasdaq calendar
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