PBF Energy (PBF) SVP exercises 63,295 options, sells matching shares
Rhea-AI Filing Summary
PBF Energy Inc. senior vice president Paul T. Davis reported an option exercise and same-day sale of shares. On 2026-08-12, he exercised 63,295 stock options for Class A Common Stock at an exercise price of $13.91 per share, acquiring 63,295 shares, and then sold 63,295 shares at an average price of $70.4006 per share. The options, granted on November 18, 2021, were fully vested and were scheduled to expire on November 18, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 63,295 shares ($3.58M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Davis Paul T
Role
Senior Vice President
Sold
63,295 shs ($4.46M)
Approx. gross sale proceeds
$4.46M
Approx. exercise cost
$880K
Approx. pre-tax spread
$3.58M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F1 | 63,295 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 63,295 | $13.91 | $880K |
| Sale | Class A Common Stock | 63,295 | $70.4006 | $4.46M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Class A Common Stock — 183,426 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: 63,295 shares
Exercise Price: $13.91 per share
Shares Sold: 63,295 shares
+3 more
6 metrics
Options Exercised
63,295 shares
Employee Stock Options for Class A Common Stock exercised on 2026-08-12
Exercise Price
$13.91 per share
Conversion or exercise price of Employee Stock Options granted November 18, 2021
Shares Sold
63,295 shares
Class A Common Stock sold on 2026-08-12
Sale Price
$70.4006 per share
Average sale price for Class A Common Stock on 2026-08-12
Option Expiration
November 18, 2031
Expiration date of exercised Employee Stock Options
Net Share Change
-63,295 shares
Net buy/sell direction reported as net-sell in transaction summary
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 listed as Employee Stock Option (right to buy)"
Exercise or conversion of derivative security financial
"Transaction code M described as Exercise or conversion of derivative security"
Class A Common Stock financial
"Underlying security title and sold security listed as 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.
FAQ
What did PBF (PBF) executive Paul T. Davis report in this Form 4?
Paul T. Davis reported exercising 63,295 stock options and selling 63,295 shares of PBF Energy Class A Common Stock on 2026-08-12. The transactions reflect an option exercise at $13.91 per share followed by an open-market sale at $70.4006 per share.
What stock options did Paul T. Davis exercise in PBF (PBF)?
He exercised 63,295 Employee Stock Options to buy PBF Energy Class A Common Stock at an exercise price of $13.91 per share. These options were granted on November 18, 2021, were fully vested, and had an expiration date of November 18, 2031.
Was the PBF (PBF) Form 4 transaction by Paul T. Davis a net purchase or sale?
The reported activity resulted in a net sale of 63,295 shares, since all shares acquired through the option exercise were then sold. The filing shows one option exercise and one corresponding sale of the same number of shares.
What role does Paul T. Davis hold at PBF (PBF) in this Form 4?
In this Form 4, Paul T. Davis is identified as a Senior Vice President of PBF Energy Inc. The transactions involve his directly held equity awards and resulting Class A Common Stock positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.