Form 4: PBF Energy Director Kimberly Lubel Reports Changes in Beneficial Ownership

Director Kimberly Lubel reports acquisition and disposal of PBF Energy Class A Common Stock on April 29, 2025, resulting in adjusted holdings.

Summary

• On April 29, 2025, Kimberly Lubel, a director of PBF Energy Inc., engaged in transactions involving Class A Common Stock.
• Lubel acquired 10,163 shares of Class A Common Stock at $0 per share.
• She also disposed of 2,236 shares to cover tax obligations at a price of $17.22 per share.
• Following these transactions, Lubel directly owns 47,903 shares of Class A Common Stock.
• The initial acquisition of 10,163 shares constitutes restricted stock granted under the Amended and Restated 2017 Equity Incentive Plan, as amended.

Sentiment

Score: 6

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

Positives

• The acquisition of restricted stock indicates a continued alignment of the director's interests with the company's long-term performance.

Negatives

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

PBF Energy, Director, Kimberly Lubel, Class A Common Stock, Beneficial Ownership, Form 4, SEC, Restricted Stock, Equity Incentive Plan