STOCK TITAN

PBF Energy (NYSE: PBF) SVP exercises options and sells 75,997 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PBF Energy Inc. senior vice president Paul T. Davis reported an option exercise and share sale. On 2026-08-04, he exercised 75,997 employee stock options with a $6.7200 exercise price into Class A Common Stock, then sold 75,997 Class A shares at $65.7129 per share. The options were granted on November 9, 2020 and were fully vested, and this option grant is now fully exercised.

Positive

  • None.

Negative

  • None.
Insider Davis Paul T
Role Senior Vice President
Sold 75,997 shs ($4.99M)
Approx. gross sale proceeds $4.99M
Approx. exercise cost $511K
Approx. pre-tax spread $4.48M
Type Security Shares Price Value
Exercise Employee Stock Option (right to buy) F1 75,997 $0.00 $0.00
Exercise Class A Common Stock 75,997 $6.72 $511K
Sale Class A Common Stock 75,997 $65.7129 $4.99M
Holdings After Transaction: Employee Stock Option (right to buy) — 0 shares (Direct); Class A Common Stock — 183,426 shares (Direct)
Footnotes (1)
  1. F1. Represents options to purchase Class A Common Stock that were granted on November 9, 2020 that are fully vested.
Options exercised 75997.0000 shares Employee Stock Options exercised by Paul T. Davis on 2026-08-04
Option exercise price 6.7200 per share Exercise price for Employee Stock Options converted into Class A Common Stock
Shares sold 75997.0000 shares Class A Common Stock sold on 2026-08-04 by Paul T. Davis
Share sale price 65.7129 per share Reported per-share price for Class A Common Stock sale
Option expiration date 2030-11-09 Expiration date of the Employee Stock Options that were exercised
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did PBF (PBF Energy Inc.) report for Paul T. Davis?

PBF Energy reported that senior vice president Paul T. Davis exercised 75,997 employee stock options at $6.7200 per share and sold 75,997 Class A Common shares at $65.7129 per share on 2026-08-04.

How many PBF (PBF Energy Inc.) shares did Paul T. Davis sell in this Form 4?

Paul T. Davis sold 75,997 shares of PBF Energy Class A Common Stock. The shares were sold at a reported price of $65.7129 per share following the exercise of an equal number of employee stock options on 2026-08-04.

At what price did Paul T. Davis exercise his PBF (PBF Energy Inc.) stock options?

He exercised employee stock options at an exercise price of $6.7200 per share. The exercise converted 75,997 options into the same number of PBF Energy Class A Common shares, which were then sold at $65.7129 per share.

What type of securities did Paul T. Davis exercise and sell in PBF (PBF Energy Inc.)?

He exercised Employee Stock Options to acquire 75,997 shares of PBF Energy Class A Common Stock. Those 75,997 Class A shares were then sold in a reported transaction at $65.7129 per share.

When were the PBF (PBF Energy Inc.) options exercised by Paul T. Davis originally granted?

The exercised options were granted on November 9, 2020 and were fully vested at the time of exercise. On 2026-08-04, Paul T. Davis exercised all 75,997 options from this grant into Class A Common Stock.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Davis Paul T

(Last)(First)(Middle)
ONE SYLVAN WAY
SECOND FLOOR

(Street)
PARSIPPANY NEW JERSEY 07054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PBF Energy Inc. [ PBF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/04/2026M75,997A$6.72259,423D
Class A Common Stock08/04/2026S75,997D$65.7129183,426D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$6.7208/04/2026M75,997 (1)11/09/2030Class A Common Stock75,997$00D
Explanation of Responses:
1. Represents options to purchase Class A Common Stock that were granted on November 9, 2020 that are fully vested.
/s/ T. Paul Davis by Trecia Canty as Attorney-in-Fact08/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)