Form 4: PBF Energy Inc. Executive Wendy Ho Tai Reports Acquisition of Restricted Stock

Senior Vice President of HR at PBF Energy Inc., Wendy Ho Tai, reports the acquisition of 28,555 shares of Class A Common Stock as restricted stock granted under the company's equity incentive plan.

Summary

• On December 16, 2024, Wendy Ho Tai, Senior Vice President of HR at PBF Energy Inc., acquired 28,555 shares of Class A Common Stock.
• The acquisition was in the form of restricted stock granted under the Amended and Restated 2017 Equity Incentive Plan, as amended.
• Following the transaction, Wendy Ho Tai directly owns 103,219 shares of PBF Energy Inc. Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns management interests with shareholders.

Positives

• The grant of restricted stock aligns the executive's interests with those of the shareholders.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies to align management's interests with shareholders.

Stakeholder Impact

• The grant of restricted stock can positively impact shareholders by aligning executive compensation with company performance.

Key Dates