Form 4: PBF Energy CFO Sells Shares for Tax Obligations

PBF Energy's Chief Financial Officer, Joseph Daniel Marino, disposed of 496 shares of Class A Common Stock at $34.55 per share to cover tax liabilities under a Rule 10b5-1 plan.

Summary

• Joseph Daniel Marino, SVP, Chief Financial Officer of PBF Energy Inc., reported a transaction.
• On December 2, 2025, Marino disposed of 496 shares of Class A Common Stock.
• The shares were disposed of at a price of $34.55 per share.
• This transaction was coded as 'F', indicating it was for the payment of tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Marino beneficially owns 49,504 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned disposition of shares by an executive for tax purposes, which is neutral in sentiment and does not indicate any significant positive or negative developments for the company.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged sale designed to avoid accusations of insider trading.

Negatives

• No specific negative aspects are indicated by this routine tax-related disposition.

Future Outlook

No forward-looking statements or guidance are provided.

Industry Context

This routine insider transaction filing does not provide specific insights into broader industry trends or the competitive landscape.

Related Party Transactions

• Joseph Daniel Marino, an executive of PBF Energy Inc., disposed of company shares, which is a transaction involving a related party (insider).

Stakeholder Impact

• Shareholders: The disposition of a relatively small number of shares by a CFO for tax purposes is a routine event and is unlikely to have a material impact on existing shareholders.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Recommendation

This Form 4 filing details a routine, pre-planned disposition of a small number of shares by the CFO for tax withholding purposes. Such transactions are common for executives receiving equity compensation and do not typically reflect a change in the company's fundamental outlook or the executive's confidence in the company. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

PBF Energy, PBF, Joseph Daniel Marino, CFO, Insider Trading, Form 4, Stock Sale, Tax Withholding, Rule 10b5-1, Equity Transaction