Form 4: PBF Energy Inc. Executive Paul T. Davis Reports Acquisition of Restricted Stock

Senior Vice President Paul T. Davis reports acquisition of 28,555 shares of PBF Energy Inc. Class A Common Stock as restricted stock under the Amended and Restated 2017 Equity Incentive Plan.

Summary

• Paul T. Davis, a Senior Vice President at PBF Energy Inc., reported a transaction on December 16, 2024.
• Davis acquired 28,555 shares of Class A Common Stock.
• The acquisition was in the form of restricted stock issued under the Amended and Restated 2017 Equity Incentive Plan, as amended.
• Following the transaction, Davis directly owns 132,497 shares of PBF Energy Inc. Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing related to stock ownership. The acquisition of stock by an executive is generally viewed as a slightly positive signal, but it's not a major event.

Positives

• The acquisition of restricted stock by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of restricted stock by a company executive can have a minor positive impact on shareholder sentiment.

Key Dates