PBF Energy (PBF) director gets stock grant, 18,829 shares held after tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PBF Energy Inc. director Damian W. Wilmot reported compensation-related share movements in Class A common stock. On April 28, 2026, he had 1,142 shares withheld at $41.37 per share to cover tax obligations, which is a non-market disposition.
On the same date, he received a grant of 4,231 restricted shares of Class A common stock, issued under the PBF Energy Inc. 2025 Equity Incentive Plan. After these transactions, he directly owned 18,829 shares of Class A common stock. The activity reflects routine equity compensation and related tax withholding rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wilmot Damian W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,231 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,142 | $41.37 | $47K |
Holdings After Transaction:
Class A Common Stock — 18,829 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 1,142 shares
Tax-withholding price: $41.37 per share
Restricted stock grant: 4,231 shares
+2 more
5 metrics
Tax-withheld shares
1,142 shares
Class A Common Stock withheld for taxes at $41.37 on April 28, 2026
Tax-withholding price
$41.37 per share
Value used for 1,142-share tax-withholding disposition
Restricted stock grant
4,231 shares
Class A Common Stock awarded under 2025 Equity Incentive Plan
Post-transaction holdings
18,829 shares
Director’s direct Class A holdings after April 28, 2026 transactions
Tax-withholding total value
$47,241 (approx.)
1,142 shares at $41.37 per share for tax obligations
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"
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" and transaction_code_description"
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 director Damian W. Wilmot report?
Director Damian W. Wilmot reported a routine equity grant and related tax withholding. He received 4,231 restricted shares of PBF Energy Class A common stock and had 1,142 shares withheld to satisfy tax obligations, with no open-market buying or selling involved.
What are Damian W. Wilmot’s PBF Energy holdings after these transactions?
Following the reported transactions, Damian W. Wilmot directly owned 18,829 shares of PBF Energy Class A common stock. This total reflects both the 4,231-share restricted stock grant and the 1,142 shares withheld for taxes on April 28, 2026.
Were Damian W. Wilmot’s PBF Energy transactions open-market trades?
No, the filing shows no open-market trades by Damian W. Wilmot. The activity consisted of a 4,231-share restricted stock grant at no purchase price and a 1,142-share tax-withholding disposition, both tied to equity compensation rather than market buying or selling.