STOCK TITAN

PBF Energy (PBF) SVP exercises 63,295 options, sells matching shares

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. F1. Represents options to purchase Class A Common Stock granted on November 18, 2021 that are fully vested.
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
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.

How many PBF (PBF) shares did Paul T. Davis sell and at what price?

Paul T. Davis sold 63,295 shares of PBF Energy Class A Common Stock at an average price of $70.4006 per share on 2026-08-12. The sale followed his exercise of an equal number of stock options the same day.

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.

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Learn about SEC filing dates
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)
08/12/2026
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 Stock08/12/2026M63,295A$13.91246,721D
Class A Common Stock08/12/2026S63,295D$70.4006183,426D
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)$13.9108/12/2026M63,295 (1)11/18/2031Class A Common Stock63,295$00D
Explanation of Responses:
1. Represents options to purchase Class A Common Stock granted on November 18, 2021 that are fully vested.
/s/ T. Paul Davis by Trecia Canty as Attorney-in-Fact08/13/2026
** 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)