[144] PBF Energy Inc. SEC Filing
Rhea-AI Filing Summary
PBF Energy (PBF) Form 144 notice shows a proposed sale of 30,000 Class A shares through Fidelity Brokerage Services on the NYSE with an approximate aggregate market value of $1,020,000. The filing identifies Thomas O'Connor as the seller and records that 30,000 shares were sold on 09/25/2025. The shares being sold were acquired through restricted stock vesting: 29,687 shares on 02/14/2024 and 313 shares on 02/18/2025, both received as compensation. The issuer's reported shares outstanding for this class are 115,698,631. The filer certifies no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale disclosure; modest relative size and sourced from vested restricted stock.
The filing documents a Rule 144 notice for the sale of 30,000 Class A shares by Thomas O'Connor, executed through a retail broker on the NYSE. Acquisition records show the shares originated from restricted stock vesting in 2024 and 2025 and were paid as compensation, indicating no cash purchase financing. Relative to the issuer's reported 115.7 million outstanding Class A shares, this block represents approximately 0.026% of that class, suggesting limited direct market-impact. The certification of no undisclosed material information aligns with standard compliance practice for Rule 144 notices.
TL;DR: Compliance-focused disclosure of an insider sale; no governance red flags evident from the form.
The form provides required details: seller identity, acquisition dates, nature of acquisition (restricted stock vesting), and that the securities were received as compensation. Timing and nature of the equity (vested compensation) are typical for executive or employee holdings being monetized. The filing contains the standard attestation regarding material non-public information. There are no statements of trading-plan adoption on the form, and no indications of unusual payment arrangements or related-party transfers.