PBF Energy CFO Files Form 3/A Showing 20,042 Shares, 4,033 Options
Rhea-AI Filing Summary
Officer disclosure of PBF Energy holdings. The filing shows that Joseph Daniel Marino, Senior Vice President and Chief Financial Officer, directly owns 20,042 shares of Class A common stock and holds an employee stock option for 4,033 shares exercisable through 11/18/2031 at a strike price of $13.91. The option grant was originally made on 11/18/2021 and is fully vested according to the explanatory note. The statement was signed on 10/09/2025 and amends a prior filing dated 10/09/2025.
Positive
- Disclosure of direct ownership of 20,042 Class A shares increases transparency
- Employee stock option fully vested for 4,033 shares exercisable through 11/18/2031 at $13.91
Negative
- None.
Insights
Officer filed routine initial ownership details showing vested options and direct shares.
The filing documents direct ownership of 20,042 Class A shares and a fully vested employee stock option for 4,033 shares exercisable through 11/18/2031 at a $13.91 exercise price. This is a standard Section 16 disclosure by a named officer and establishes transparency about immediate insider holdings.
The main dependencies are unchanged grant terms and the continued vesting status noted as fully vested. Investors monitoring insider alignment may note the combination of equity and options; any future exercises or sales would appear in subsequent Form 4 filings within the required reporting window.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
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