Form 4: PBF Energy Inc. Executive Wendy Ho Tai Reports Stock Transaction

Wendy Ho Tai, Senior Vice President of HR at PBF Energy Inc., reported the disposition of 323 shares of Class A Common Stock to cover tax obligations.

Summary

• On August 27, 2024, Wendy Ho Tai, Senior Vice President of HR at PBF Energy Inc., disposed of 323 shares of Class A Common Stock.
• The transaction was related to covering tax obligations.
• The shares were disposed of at a price of $32.72 per share.
• Following the transaction, Ms. Ho Tai directly owns 81,783 shares of PBF Energy Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock transaction by an executive to cover tax obligations. It doesn't inherently indicate positive or negative prospects for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive.

Key Dates