Form 4: PBF Energy Inc. Executive Wendy Ho Tai Reports Changes in Beneficial Ownership

Senior Vice President of HR at PBF Energy Inc., Wendy Ho Tai, reports acquisition and disposal of Class A Common Stock.

Summary

• On February 18, 2025, Wendy Ho Tai, Senior Vice President, HR at PBF Energy Inc., reported changes in beneficial ownership of Class A Common Stock.
• She acquired 8,634 shares as part of a performance share unit award payout and disposed of 3,122 shares to cover tax obligations.
• Following these transactions, Ms. Ho Tai directly owns 108,731 shares of PBF Energy Inc. Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects routine transactions related to executive compensation and tax obligations. There's no indication of significant positive or negative implications for the company.

Positives

• The acquisition of shares through performance share units suggests that the company met certain performance goals, which is a positive indicator.

Negatives

• The disposal of shares to cover tax obligations, while common, slightly reduces the executive's stake in the company.

Risks

• There are no specific risks mentioned in this document.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices and tax obligation fulfillment.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

beneficial ownership, Form 4, PBF Energy, Wendy Ho Tai, Class A Common Stock, performance share units, executive compensation