Form 4: PBF Energy CEO Sells Shares for Tax Obligations
Insider Transaction Report
PBF Energy's CEO, Matthew C. Lucey, disposed of 4,724 shares of Class A Common Stock at $34.55 per share to cover tax liabilities, as part of a pre-planned transaction.
Summary
- Matthew C. Lucey, CEO and President of PBF Energy Inc., reported a disposition of Class A Common Stock.
- The transaction involved 4,724 shares disposed of on December 2, 2025.
- The shares were disposed of at a price of $34.55 per share.
- This disposition was made pursuant to a transaction code 'F', indicating it was for the payment of tax liability incident to the receipt, exercise, or vesting of a security.
- Following this transaction, Matthew C. Lucey beneficially owns 459,760 shares of Class A Common Stock directly.
- The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The filing reports a routine, pre-planned disposition of shares by an insider for tax purposes, which is a neutral event with no significant positive or negative implications for the company's outlook or stock price.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction for tax purposes, common for executives receiving equity compensation, and does not reflect broader industry trends or competitive positioning.
Related Party Transactions
- The filing details an insider transaction where Matthew C. Lucey, CEO and President of PBF Energy Inc., disposed of company shares.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, tax-related disposition by an executive and not a discretionary sale that would signal a change in confidence.
- Employees: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 12/02/2025 | Date of transaction where 4,724 shares were disposed of. |
| 12/04/2025 | Date the Statement of Changes in Beneficial Ownership was signed. |
Keywords
PBF Energy, Matthew C. Lucey, Insider Transaction, Form 4, Stock Sale, Tax Liability, CEO, Class A Common Stock, Rule 10b5-1(c)
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