PBF Energy (PBF) director granted restricted stock with tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PBF Energy Inc. director Thomas J. Nimbley reported routine equity compensation activity involving Class A Common Stock. On April 28, 2026, he received a grant of 4,231 shares of restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan.
On the same date, 1,210 shares were disposed of through a tax-withholding transaction at a price of $41.37 per share to satisfy tax obligations, not as an open-market sale. Following these transactions, Nimbley directly holds 794,947 shares of PBF Energy Inc. Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nimbley Thomas J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,231 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,210 | $41.37 | $50K |
Holdings After Transaction:
Class A Common Stock — 794,947 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 1,210 shares
Tax-withholding price: $41.37 per share
Restricted stock grant: 4,231 shares
+1 more
4 metrics
Tax-withheld shares
1,210 shares
Shares disposed in tax-withholding transaction on April 28, 2026
Tax-withholding price
$41.37 per share
Value used for tax-withholding disposition of 1,210 shares
Restricted stock grant
4,231 shares
Award of restricted Class A Common Stock under 2025 Equity Incentive Plan
Post-transaction holdings
794,947 shares
Direct Class A Common Stock held after April 28, 2026 transactions
Key Terms
restricted stock, 2025 Equity Incentive Plan, tax-withholding disposition, Grant, award, or other acquisition
4 terms
restricted stock financial
"Constitutes restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2025 Equity Incentive Plan financial
"issued under the PBF Energy Inc. 2025 Equity Incentive Plan, as amended"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did PBF (PBF) director Thomas J. Nimbley report in this Form 4?
Thomas J. Nimbley reported a routine equity compensation event. He received 4,231 shares of restricted PBF Energy Class A stock and had 1,210 shares withheld to cover tax obligations, leaving him with 794,947 directly held shares after the transactions.
What plan governed the restricted stock grant to PBF director Thomas J. Nimbley?
The restricted stock grant was issued under the PBF Energy Inc. 2025 Equity Incentive Plan, as amended. This plan governs how equity-based compensation, such as restricted stock awards, is granted to eligible participants, including directors and certain employees of PBF Energy.