Form 4: PBF Energy Director Trades Class A Stock
Statement of Changes in Beneficial Ownership
Director Damian W. Wilmot of PBF Energy Inc. reported transactions involving Class A Common Stock, including the acquisition of restricted stock and the disposition of shares.
Summary
- Damian W. Wilmot, a Director at PBF Energy Inc., reported transactions on April 28, 2026.
- Wilmot acquired 4,231 shares of Class A Common Stock, valued at $0, under the PBF Energy Inc. 2025 Equity Incentive Plan.
- Additionally, Wilmot disposed of 1,142 shares of Class A Common Stock for $41.37 per share.
- Following these transactions, Wilmot beneficially owns 18,829 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions without significant positive or negative implications for the company's immediate prospects.
Positives
- Acquisition of restricted stock under an equity incentive plan suggests continued alignment with company performance and long-term value creation.
- The director's continued ownership of a significant number of shares (18,829) indicates a vested interest in the company's success.
Negatives
- Disposition of 1,142 shares could be interpreted as a reduction in direct holdings, although the amount is relatively small compared to total holdings.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing, which is a standard disclosure of insider transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for company insiders and directors, providing transparency into their stock transactions. These filings are closely watched by investors to gauge insider confidence, but individual transactions should be analyzed within the broader context of the company's performance and the insider's overall holdings.
Stakeholder Impact
- Shareholders: Gain insight into director's confidence and stock ownership changes.
- Employees: Understand the incentive structure through the acquisition of restricted stock.
- Management: Adherence to regulatory disclosure requirements.
Key Dates
| Date | Description |
|---|---|
| 04/28/2026 | Transaction Date for acquisition and disposition of Class A Common Stock. |
| 04/30/2026 | Date of signature for the filing. |
Keywords
PBF Energy, Form 4, Insider Trading, Class A Common Stock, Equity Incentive Plan, Director Transactions, Securities Ownership
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