Restricted stock grant and tax withholding for PBF (NYSE: PBF) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PBF Energy Inc. director George E. Ogden received a grant of 4,231 shares of Class A Common Stock as restricted stock under the company’s 2025 Equity Incentive Plan. On the same date, 931 shares were withheld at $41.37 per share to cover tax obligations, leaving him with 52,959 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ogden George E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,231 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 931 | $41.37 | $39K |
Holdings After Transaction:
Class A Common Stock — 52,959 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 4,231 shares
Tax-withholding shares: 931 shares
Tax-withholding price: $41.37 per share
+1 more
4 metrics
Restricted stock grant
4,231 shares
Class A Common Stock awarded as restricted stock
Tax-withholding shares
931 shares
Withheld to satisfy tax obligations
Tax-withholding price
$41.37 per share
Value used for 931-share tax withholding
Shares held after transactions
52,959 shares
Direct Class A Common Stock ownership after April 28, 2026
Key Terms
restricted stock, 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, as amended."
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.
equity incentive plan financial
"issued under the PBF Energy Inc. 2025 Equity Incentive Plan, as amended."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
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 insider transactions did PBF (PBF) director George E. Ogden report?
George E. Ogden reported receiving 4,231 shares of PBF Class A Common Stock as restricted stock and a related tax-withholding disposition of 931 shares. Both transactions are compensation-related, not open-market trades, and reflect routine equity award activity.
Was the PBF (PBF) insider transaction a stock sale in the open market?
No, the filing shows a tax-withholding disposition of 931 shares at $41.37 per share, not an open-market sale. Those shares were withheld to satisfy tax obligations tied to an equity award, a common administrative mechanism for stock-based compensation.
What type of equity award did PBF (PBF) grant to George E. Ogden?
PBF Energy granted George E. Ogden 4,231 shares of restricted stock under the PBF Energy Inc. 2025 Equity Incentive Plan, as amended. Restricted stock typically vests over time or upon meeting conditions, aligning director compensation with long-term shareholder interests.