Form 4: PBF Energy Inc. Senior Vice President James E. Fedena Reports Acquisition of Restricted Stock

Senior Vice President of PBF Energy Inc., James E. Fedena, reports acquiring 28,555 shares of Class A Common Stock as restricted stock on December 16, 2024.

Summary

• James E. Fedena, a Senior Vice President at PBF Energy Inc., filed a Form 4 on December 18, 2024, reporting a transaction.
• On December 16, 2024, Fedena acquired 28,555 shares of Class A Common Stock.
• These shares were acquired as restricted stock under the Amended and Restated 2017 Equity Incentive Plan, as amended.
• The price of the acquired stock was $0.
• Following the transaction, Fedena beneficially owns 129,171 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing related to executive compensation. It doesn't contain overtly positive or negative information, hence a neutral sentiment score.

Positives

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

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates executive confidence in the company.

Key Dates