Form 4: PBF Energy Director Paul Donahue Reports Stock Transactions

Paul Donahue, a director at PBF Energy Inc., reported the acquisition of restricted stock and the disposal of shares to cover tax obligations.

Summary

• On April 30, 2024, Paul Donahue, a director of PBF Energy Inc., acquired 3,286 shares of Class A Common Stock as restricted stock under the company's Amended and Restated 2017 Equity Incentive Plan.
• On the same day, Donahue disposed of 940 shares of Class A Common Stock at a price of $53.27 per share.
• Following these transactions, Donahue beneficially owns 15,042 shares of PBF Energy Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates