Form 4: PBF Energy SVP Sells Shares for Tax Obligations

PBF Energy's Senior Vice President of HR, Wendy Ho Tai, disposed of 2,895 shares of Class A Common Stock to cover tax withholding obligations.

Summary

• Wendy Ho Tai, Senior Vice President of HR at PBF Energy Inc., reported a transaction on December 2, 2025.
• The transaction involved the disposition of 2,895 shares of PBF Energy Class A Common Stock.
• The shares were disposed of at a price of $34.55 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following this transaction, Wendy Ho Tai beneficially owns 134,078 shares of Class A Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up a pre-arranged plan for buying or selling company stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax withholding obligations, which is a common and non-discretionary event for executives receiving equity compensation. It does not reflect a discretionary sale based on management's outlook on the company.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

This filing is a routine insider transaction report (Form 4) and does not provide information directly related to broader industry trends or competitive landscape for PBF Energy Inc. It reflects an individual executive's stock activity rather than company-wide strategic or operational updates.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary sale for tax purposes and does not signal a change in management's confidence or company fundamentals.

Key Dates

Keywords

PBF Energy, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Wendy Ho Tai, Rule 10b5-1