PBF Energy Inc. (PBF) director exercises options, sells 468,139 shares
Rhea-AI Filing Summary
Thomas J. Nimbley, a director of PBF Energy Inc., exercised fully vested employee stock options covering 468,139 shares of Class A Common Stock on August 3, 2026 at strike prices of $28.6700 and $40.6500, then sold 468,139 shares at $68.9400 and $69.7064 per share, resulting in a net sale of those shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 468,139 shares ($14.72M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Nimbley Thomas J.
Role
Director
Sold
468,139 shs ($32.56M)
Approx. gross sale proceeds
$32.56M
Approx. exercise cost
$17.83M
Approx. pre-tax spread
$14.72M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F1 | 100,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) F2 | 368,139 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 100,000 | $28.67 | $2.87M |
| Sale | Class A Common Stock | 100,000 | $68.94 | $6.89M |
| Exercise | Class A Common Stock | 368,139 | $40.65 | $14.96M |
| Sale | Class A Common Stock | 368,139 | $69.7064 | $25.66M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Class A Common Stock — 793,737 shares (Direct)
Footnotes (2)
- F1. Represents options to purchase Class A Common Stock that were granted on October 30, 2017 that are fully vested.
- F2. Represents options to purchase Class A Common Stock that were granted on October 30, 2018 that are fully vested.
Key Figures
Options exercised (2017 grant): 100000.0000 shares
Options exercised (2018 grant): 368139.0000 shares
Exercise price 2017 options: 28.6700 per share
+4 more
7 metrics
Options exercised (2017 grant)
100000.0000 shares
Employee Stock Option exercised on 2026-08-03 at $28.6700 per share, expiring 2027-10-30
Options exercised (2018 grant)
368139.0000 shares
Employee Stock Option exercised on 2026-08-03 at $40.6500 per share, expiring 2028-10-30
Exercise price 2017 options
28.6700 per share
Exercise or conversion price for 100000.0000 option shares granted October 30, 2017
Exercise price 2018 options
40.6500 per share
Exercise or conversion price for 368139.0000 option shares granted October 30, 2018
Shares sold at $68.9400
100000.0000 shares
Class A Common Stock sale on 2026-08-03 at $68.9400 per share
Shares sold at $69.7064
368139.0000 shares
Class A Common Stock sale on 2026-08-03 at $69.7064 per share
Net shares sold
468139 shares
NetBuySellShares with net-sell direction across reported transactions
Key Terms
Employee Stock Option (right to buy), Exercise or conversion of derivative security, Class A Common Stock
3 terms
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did PBF (PBF) director Thomas J. Nimbley report in this Form 4?
Thomas J. Nimbley reported exercising fully vested stock options for 468,139 PBF Energy Class A shares on August 3, 2026, then selling the same 468,139 shares that day in two transactions, according to the Form 4 insider trading disclosure.
What stock options did Thomas J. Nimbley exercise in PBF (PBF)?
He exercised employee stock options for 100,000 shares at an exercise price of $28.6700 per share from an October 30, 2017 fully vested grant and 368,139 shares at $40.6500 per share from an October 30, 2018 fully vested grant.
What transaction codes appear in Thomas J. Nimbley’s PBF (PBF) Form 4?
The Form 4 lists code M for “exercise or conversion of derivative security” on employee stock options and code S for sales of Class A Common Stock, reflecting option exercises followed by same-day sales of the underlying shares.