Form 4: PBF Energy SVP Boosts Stake with Stock Award
Insider Transaction Report
PBF Energy's SVP and General Counsel, Trecia M. Canty, increased her beneficial ownership of Class A Common Stock by 30,353 shares through a restricted stock award.
Summary
- Trecia M. Canty, SVP and General Counsel of PBF Energy Inc., reported changes in her beneficial ownership of Class A Common Stock.
- On October 27, 2025, Ms. Canty disposed of 2,941 shares of Class A Common Stock at a price of $33.44 per share, likely for tax withholding purposes.
- Following this disposition, her beneficial ownership stood at 170,391 shares.
- On October 28, 2025, Ms. Canty acquired 30,353 shares of Class A Common Stock as a restricted stock award under the PBF Energy Inc. 2025 Equity Incentive Plan, with an acquisition price of $0.
- After these transactions, Ms. Canty's total beneficial ownership of Class A Common Stock increased to 200,744 shares.
- The transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to a significant increase in insider ownership through a restricted stock award, which aligns management's interests with shareholders. The disposition was a standard tax-related event.
Positives
- The acquisition of 30,353 shares through a restricted stock award increases the SVP and General Counsel's direct stake in the company, aligning her interests with those of shareholders.
- The restricted stock award is part of the PBF Energy Inc. 2025 Equity Incentive Plan, indicating ongoing executive compensation and retention strategies.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing reports an individual insider transaction and does not provide information directly related to broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Incentive Plan | The acquisition of restricted stock was made under the PBF Energy Inc. 2025 Equity Incentive Plan, demonstrating the company's framework for executive compensation and long-term incentives. | 10/28/2025 | Reinforces executive alignment with shareholder interests through equity-based compensation. |
| Trading Plan | Transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating pre-arranged trading to avoid accusations of insider trading. | N/A | Enhances transparency and compliance regarding insider stock transactions. |
Related Party Transactions
- The reported transactions involve an executive officer (SVP and General Counsel) acquiring and disposing of company stock, which constitutes a related party transaction.
Stakeholder Impact
- Shareholders may view the increased beneficial ownership by a key executive positively, as it suggests confidence in the company's future and aligns management's financial interests with their own.
Key Dates
| Date | Description |
|---|---|
| 10/27/2025 | Transaction date for the disposition of 2,941 shares of Class A Common Stock. |
| 10/28/2025 | Transaction date for the acquisition of 30,353 shares of Class A Common Stock as a restricted stock award. |
| 10/29/2025 | Signature date of the reporting person for the Form 4 filing. |
Keywords
PBF Energy, PBF, Trecia Canty, insider trading, Form 4, stock award, executive compensation, Rule 10b5-1
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