Form 4: PBF Energy CFO Karen Davis Reports Acquisition of Restricted Stock

Karen Davis, CFO of PBF Energy Inc., reports the acquisition of restricted stock under the company's Amended and Restated 2017 Equity Incentive Plan.

Summary

• On December 16, 2024, Karen Davis, Senior Vice President and CFO of PBF Energy Inc., acquired 30,913 shares of Class A Common Stock.
• The acquisition was in the form of restricted stock issued under the Amended and Restated 2017 Equity Incentive Plan, as amended.
• Following the transaction, Davis directly owns 98,233 shares of PBF Energy Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a standard transaction of restricted stock acquisition. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of restricted stock by a key executive may signal confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the beneficial ownership of PBF Energy's stock by its CFO.

Stakeholder Impact

• The acquisition of restricted stock by the CFO could be viewed positively by shareholders as it aligns management's interests with the company's performance.

Key Dates