PBF Energy (PBF) SVP and General Counsel exercises options and sells 140K shares
Rhea-AI Filing Summary
PBF Energy Inc. senior vice president and general counsel Trecia M. Canty reported multiple equity transactions involving Class A Common Stock. On August 12 and 13, 2026, she exercised employee stock options to acquire a total of 223,467 shares of Class A Common Stock at exercise prices of $40.65 and $32.71 per share from fully vested option grants dated October 30, 2018 and October 29, 2019. On the same dates, she sold an aggregate of 140,320 shares of Class A Common Stock in open-market or private transactions at prices of approximately $71.00–$71.0036 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Canty Trecia M
Role
SVP and General Counsel
Sold
140,320 shs ($9.96M)
Approx. gross sale proceeds
$9.96M
Approx. exercise cost
$8.42M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee stock option (right to buy) F2 | 83,147 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 83,147 | $32.71 | $2.72M |
| Exercise | Class A Common Stock | 83,147 | $71.00 | $5.90M |
| Exercise | Employee Stock Option (right to buy) F1 | 139,374 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F2 | 946 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 139,374 | $40.65 | $5.67M |
| Sale | Class A Common Stock | 139,374 | $71.0036 | $9.90M |
| Exercise | Class A Common Stock | 946 | $32.71 | $31K |
| Sale | Class A Common Stock | 946 | $71.00 | $67K |
Holdings After Transaction:
Employee stock option (right to buy) — 0 shares (Direct);
Class A Common Stock — 191,779 shares (Direct)
Footnotes (2)
- F1. Represents options to purchase Class A Common Stock granted on October 30, 2018 that are fully vested.
- F2. Represents options to purchase Class A Common Stock granted on October 29, 2019 that are fully vested.
Key Figures
Shares sold: 140,320 shares
Option exercises: 223,467 shares
Sale prices: $71.00–$71.0036 per share
+4 more
7 metrics
Shares sold
140,320 shares
Aggregate Class A Common Stock sales on August 12–13, 2026
Option exercises
223,467 shares
Total shares underlying options exercised on August 12–13, 2026
Sale prices
$71.00–$71.0036 per share
Prices for Class A Common Stock sales on August 12–13, 2026
Exercise price 2018 grant
$40.65 per share
Strike price for options granted October 30, 2018 and exercised August 12, 2026
Exercise price 2019 grants
$32.71 per share
Strike price for options granted October 29, 2019 and exercised August 12–13, 2026
Derivative exercises
3 transactions
Code M exercises or conversions of derivative securities
Open-market sales
2 transactions
Code S non-derivative sales of Class A Common Stock
Key Terms
Employee stock option (right to buy), Class A Common Stock, Exercise or conversion of derivative security, fully vested
4 terms
Employee stock option (right to buy) financial
"security_title: Employee stock option (right to buy)"
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
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
"options to purchase Class A Common Stock ... that are fully vested"
FAQ
What did PBF (PBF) executive Trecia M. Canty report in this Form 4?
Trecia M. Canty reported exercising employee stock options for PBF Energy Inc. Class A Common Stock and selling shares acquired from those exercises over two days in August 2026.
How many PBF (PBF) options did Trecia M. Canty exercise and at what strike prices?
She exercised options covering 223,467 shares of PBF Energy Class A Common Stock with exercise prices of $40.65 and $32.71 per share from fully vested grants issued in 2018 and 2019.
Were Trecia M. Canty’s PBF (PBF) stock options fully vested before exercise?
Yes. The options exercised by Trecia M. Canty represented fully vested options granted on October 30, 2018 and October 29, 2019 to purchase PBF Energy Class A Common Stock.
What is Trecia M. Canty’s role at PBF (PBF)?
Trecia M. Canty is identified as Senior Vice President and General Counsel of PBF Energy Inc., making her a reporting officer for insider transactions in the company’s securities.
Did this PBF (PBF) Form 4 indicate a net buy or net sell position?
The Form 4 reflects a net-sell position, with 140,320 shares of PBF Energy Class A Common Stock sold following option exercises during the reported period.
AI-generated analysis. How Rhea-AI works. Not financial advice.