4/A: PBF Energy Inc. Executive Paul T. Davis Reports Changes in Beneficial Ownership

Senior Vice President Paul T. Davis of PBF Energy Inc. reports acquisition and disposal of Class A Common Stock.

Summary

• Paul T. Davis, a Senior Vice President at PBF Energy Inc., filed a Form 4/A with the SEC on February 20, 2025, reporting changes in beneficial ownership of the company's Class A Common Stock.
• On February 18, 2025, Davis acquired 53,779 shares of Class A Common Stock at $0, related to the payout of performance share units.
• On the same day, Davis disposed of 21,240 shares of Class A Common Stock at a price of $23.93.
• Following these transactions, Davis directly owns 165,036 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction. The acquisition of shares is slightly positive, while the disposal is slightly negative, balancing each other out.

Positives

• The acquisition of shares indicates a potential alignment of the executive's interests with the company's performance.

Negatives

• The disposal of shares could be interpreted as the executive taking profits, although it's a relatively small portion of his holdings.

Industry Context

Executive stock transactions are common and are closely watched by investors as they can provide insights into management's perspective on the company's future performance. This filing is a routine disclosure required by the SEC.

Stakeholder Impact

• The transaction may have a minor impact on shareholder sentiment, depending on how it's interpreted.

Key Dates

Keywords

Beneficial Ownership, PBF Energy, SEC Form 4, Paul T. Davis, Class A Common Stock, Performance Share Units