PBF Energy (NYSE: PBF) exec sells 12,094 shares after option exercise
Rhea-AI Filing Summary
PBF Energy Inc. executive Wendy Ho Tai, Senior Vice President, HR, exercised options and sold the resulting shares. On August 14, 2026, she exercised 12,094 Employee Stock Options with a strike price of $13.91 per share, receiving 12,094 shares of Class A Common Stock. That same day, she sold 12,094 shares at an average price of $73.9464 per share. The exercised options, granted on November 18, 2021, were disclosed as fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 12,094 shares ($726K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Ho Tai Wendy
Role
Senior Vice President, HR
Sold
12,094 shs ($894K)
Approx. gross sale proceeds
$894K
Approx. exercise cost
$168K
Approx. pre-tax spread
$726K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F1 | 12,094 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 12,094 | $13.91 | $168K |
| Sale | Class A Common Stock | 12,094 | $73.9464 | $894K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Class A Common Stock — 129,209 shares (Direct)
Footnotes (1)
- F1. Represents options to purchase Class A Common Stock granted on November 18, 2021 that are fully vested.
Key Figures
Options exercised: 12,094 shares
Option exercise price: $13.91 per share
Shares sold: 12,094 shares
+3 more
6 metrics
Options exercised
12,094 shares
Employee Stock Options exercised into Class A Common Stock on August 14, 2026
Option exercise price
$13.91 per share
Conversion or exercise price of Employee Stock Options granted November 18, 2021
Shares sold
12,094 shares
Class A Common Stock sold on August 14, 2026
Sale price
$73.9464 per share
Average price for sale of Class A Common Stock on August 14, 2026
Option expiration date
2031-11-18
Expiration date of the Employee Stock Options that were exercised
Net shares sold
12,094 shares
Net sell direction from transaction summary (exercise and same-day sale)
Key Terms
Employee Stock Option, Class A Common Stock, Exercise or conversion of derivative security, fully vested
4 terms
Employee Stock Option financial
"Represents options to purchase Class A Common Stock granted on November 18, 2021"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Class A Common Stock financial
"Represents options to purchase Class A Common Stock granted on November 18, 2021"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
fully vested financial
"granted on November 18, 2021 that are fully vested"
FAQ
What transactions did PBF (PBF) executive Wendy Ho Tai report on this Form 4?
Wendy Ho Tai reported an option exercise and related share sale on August 14, 2026. She exercised 12,094 stock options into Class A Common Stock and then sold 12,094 shares of that stock the same day.
What was the exercise price of Wendy Ho Tai’s PBF (PBF) stock options?
The exercised Employee Stock Options had a strike price of $13.91 per share. She exercised 12,094 options into the same number of Class A Common shares and then sold those shares on August 14, 2026.
What type of securities did Wendy Ho Tai hold and exercise in PBF (PBF)?
She held Employee Stock Options to purchase PBF Class A Common Stock. On August 14, 2026, she exercised 12,094 options, which were fully vested, converting them into 12,094 shares of common stock.
Were the PBF (PBF) stock options exercised by Wendy Ho Tai vested?
Yes. The filing states the options represented were granted on November 18, 2021 and are fully vested. These fully vested options to purchase Class A Common Stock were then exercised for 12,094 shares on August 14, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
