Form 4: PBF Energy SVP Acquires Shares

PBF Energy's Senior Vice President, James E. Fedena, acquired 30,353 shares of Class A Common Stock through a restricted stock grant, while also disposing of 1,581 shares for tax purposes.

Summary

• James E. Fedena, Senior Vice President of PBF Energy Inc., reported transactions involving Class A Common Stock.
• On October 27, 2025, Fedena disposed of 1,581 shares of Class A Common Stock at a price of $33.44 per share, likely for tax withholding related to an equity award.
• On October 28, 2025, Fedena acquired 30,353 shares of Class A Common Stock at a price of $0, which constitutes restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan.
• Following these reported transactions, Fedena beneficially owns 164,203 shares of Class A Common Stock directly.

Sentiment

Score: 7

Explanation: The acquisition of a significant number of restricted shares by a Senior Vice President indicates management's continued alignment with shareholder interests and participation in the company's equity incentive plan, outweighing a minor tax-related disposition.

Positives

• Senior Vice President James E. Fedena acquired 30,353 shares of Class A Common Stock, aligning his interests with shareholders.
• The acquisition was part of the PBF Energy Inc. 2025 Equity Incentive Plan, indicating ongoing executive compensation and retention strategies.

Negatives

• James E. Fedena disposed of 1,581 shares of Class A Common Stock, which, while likely for tax withholding purposes, represents a reduction in direct ownership.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 30,353 shares of Class A Common Stock by Senior Vice President James E. Fedena as restricted stock under the PBF Energy Inc. 2025 Equity Incentive Plan, representing a form of executive compensation.

Stakeholder Impact

• Shareholders: Increased alignment of management interests with long-term company performance due to equity ownership by a Senior Vice President.
• Executives: Receipt of equity compensation as part of the company's incentive plan, reinforcing retention and performance incentives.

Key Dates

Recommendation

This Form 4 details routine insider transactions, including a significant restricted stock grant to a Senior Vice President, which aligns management's interests with shareholders. While positive, this type of filing typically does not provide enough new fundamental information to warrant a change from a 'hold' position, as it reflects ongoing compensation practices rather than a new strategic development or significant shift in company outlook.

Keywords

PBF Energy, PBF, Form 4, insider trading, stock acquisition, restricted stock, executive compensation, James E. Fedena