Form 4: PBF Energy CEO Matthew Lucey Reports Changes in Beneficial Ownership
SEC Form 4 Filing
PBF Energy CEO Matthew Lucey reports the disposition of 11,593 shares of Class A Common Stock to cover tax obligations.
Summary
- On October 27, 2024, Matthew C. Lucey, CEO and President of PBF Energy Inc., reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 11,593 shares at a price of $32.18 per share.
- This disposition was to cover tax obligations.
- Following the transaction, Lucey directly owns 281,907 shares of PBF Energy Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral. It's a standard Form 4 filing indicating a transaction for tax purposes, which is a normal occurrence.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 10/27/2024 | Date of transaction: Disposition of shares. |
| 10/29/2024 | Date of signature on the Form 4 filing. |
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