Form 4: PBF Energy SVP and General Counsel Trecia M Canty Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Trecia M Canty, SVP and General Counsel of PBF Energy Inc., reports the acquisition of restricted stock under the company's equity incentive plan.
Summary
- On December 16, 2024, Trecia M Canty, SVP and General Counsel of PBF Energy Inc., acquired 28,555 shares of Class A Common Stock.
- The acquisition was in the form of restricted stock issued under the Amended and Restated 2017 Equity Incentive Plan, as amended.
- Following the transaction, Canty directly owns 140,793 shares of PBF Energy Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock acquisition.
Positives
- The acquisition of restricted stock aligns the interests of the SVP and General Counsel with the long-term performance of the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence due to alignment of management interests.
Key Dates
| Date | Description |
|---|---|
| 12/16/2024 | Date of transaction: Acquisition of restricted stock. |
| 12/18/2024 | Date of signature on the Form 4 filing. |
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