Form 4: PBF Energy Director Georganne Hodges Reports Stock Transactions
SEC Form 4 Filing
Director Georganne Hodges reports acquisition of restricted stock and disposition of shares to cover tax obligations.
Summary
- On April 30, 2024, Georganne Hodges, a director of PBF Energy Inc., acquired 3,286 shares of Class A Common Stock as restricted stock under the company's equity incentive plan.
- On the same day, Hodges disposed of 723 shares of Class A Common Stock at a price of $53.27 per share.
- Following these transactions, Hodges beneficially owns 7,613 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine stock transactions by a company director. The acquisition of restricted stock is a slightly positive sign, while the sale of shares is likely for tax purposes.
Positives
- The acquisition of restricted stock indicates confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by SEC regulations.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of stock acquisition and disposition. |
| 05/02/2024 | Date of signature on the SEC Form 4. |
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