This inscription is in praise of Dicaearchus (brother of our Philōnídēs). Their father, also mentioned here, was also named Philōnídēs.
SGDI II 2677 - PHI Greek Inscriptions
It says the family is from Laodicea on-the-sea "Λαοδικέα τῶν ποτὶ θαλάσσαι."