Form 4: PBF Energy Director Georganne Hodges Reports Stock Award and Tax Withholding

Director Georganne Hodges of PBF Energy Inc. reports the acquisition of restricted stock and disposition of shares for tax withholding purposes.

Summary

• On April 29, 2025, Georganne Hodges, a director of PBF Energy Inc., reported a transaction involving Class A Common Stock.
• Hodges acquired 10,163 shares of Class A Common Stock as restricted stock granted under the Amended and Restated 2017 Equity Incentive Plan.
• Simultaneously, 2,236 shares were disposed of at a price of $17.22 for tax withholding purposes.
• Following these transactions, Hodges beneficially owns 15,540 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine stock transactions related to executive compensation. The acquisition of restricted stock is a positive sign, but the sale for tax obligations is a neutral event.

Positives

• The acquisition of restricted stock indicates confidence in the company's future performance.

Negatives

• The sale of shares to cover tax obligations, while common, slightly reduces the director's holdings.

Future Outlook

The document does not contain specific forward-looking statements, but the granting of restricted stock suggests an expectation of future value appreciation.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future prospects. This transaction is a routine disclosure related to equity compensation.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares relative to the total outstanding.

Key Dates

Keywords

PBF Energy, Director, Hodges, Stock, Acquisition, Disposition, Form 4, Restricted Stock, Tax Withholding