Form 4: PBF Energy SVP Davis Boosts Stake via Stock Grant

PBF Energy Senior Vice President Paul T. Davis increased his direct beneficial ownership of Class A Common Stock through a restricted stock grant.

Summary

• Paul T. Davis, Senior Vice President of PBF Energy Inc., reported transactions involving Class A Common Stock.
• On October 27, 2025, Mr. Davis disposed of 2,998 shares of Class A Common Stock at a price of $33.44 per share.
• This disposition was made to cover tax liability related to equity compensation.
• Following this transaction, Mr. Davis's direct beneficial ownership was 162,038 shares.
• On October 28, 2025, Mr. Davis acquired 30,353 shares of Class A Common Stock at a price of $0.
• These acquired shares constitute restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan.
• After all reported transactions, Mr. Davis's direct beneficial ownership increased to 192,391 shares.

Sentiment

Score: 7

Explanation: The net increase in insider ownership through a significant restricted stock grant is generally viewed positively, indicating management's continued alignment with the company's performance, despite a routine disposition for tax purposes.

Positives

• The acquisition of 30,353 shares of restricted stock aligns management's interests with shareholders, demonstrating confidence in the company's future.
• The grant is part of the PBF Energy Inc. 2025 Equity Incentive Plan, indicating ongoing executive compensation and retention strategies.

Negatives

• A disposition of 2,998 shares occurred to cover tax liabilities, which is a common practice but reduces direct ownership, albeit temporarily before the grant.

Future Outlook

NA

Industry Context

This insider transaction reflects standard executive compensation practices within the energy sector, where equity incentives are commonly used to align management and shareholder interests. The specific details of the grant are tied to PBF Energy's internal equity incentive plan.

Stakeholder Impact

• Shareholders: Increased alignment of management's interests with shareholders due to higher direct beneficial ownership.
• Employees (specifically Paul T. Davis): Receipt of significant equity compensation as part of the company's incentive plan.

Key Dates

Keywords

PBF Energy, PBF, Insider Transaction, Form 4, Stock Grant, Executive Compensation, Paul T Davis, Restricted Stock