Form 4: PBF Energy Director Sells Shares for Tax Obligations

PBF Energy Inc. Director Karen Berriman Davis disposed of 3,184 shares of Class A Common Stock to cover tax withholding obligations.

Summary

• Karen Berriman Davis, a Director of PBF Energy Inc., reported a transaction involving Class A Common Stock.
• On October 27, 2025, Ms. Davis disposed of 3,184 shares of Class A Common Stock.
• The disposition was made at a price of $33.44 per share.
• This transaction was coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this reported transaction, Ms. Davis beneficially owns 93,971 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to satisfy tax withholding obligations, which is a non-discretionary event and generally does not reflect a change in the insider's view of the company's prospects. Therefore, the sentiment is neutral.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or director confidence.

Key Dates

Recommendation

The filing reports a routine disposition of shares by a director to cover tax withholding obligations, which is a non-discretionary event and does not reflect a change in the company's fundamentals or the director's long-term view. Therefore, a 'hold' recommendation is appropriate as this transaction alone does not warrant a change in investment thesis.

Keywords

PBF Energy, Insider Transaction, Form 4, Director, Stock Sale, Tax Withholding, Karen Berriman Davis