PBF Energy (PBF) director granted 4,231 restricted shares as 931 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PBF Energy Inc. director Lawrence Michael Ziemba reported routine equity compensation adjustments involving Class A Common Stock. He received a grant of 4,231 restricted shares at $0.00 per share under the PBF Energy Inc. 2025 Equity Incentive Plan and had 931 shares withheld at $41.37 per share to cover tax obligations. Following these transactions, he directly holds 21,947 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ziemba Lawrence Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,231 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 931 | $41.37 | $39K |
Holdings After Transaction:
Class A Common Stock — 21,947 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 931 shares
Tax-withholding price: $41.37 per share
Restricted stock grant: 4,231 shares
+2 more
5 metrics
Tax-withholding shares
931 shares
Class A Common Stock disposed for tax withholding
Tax-withholding price
$41.37 per share
Value used for 931-share tax-withholding disposition
Restricted stock grant
4,231 shares
Restricted Class A Common Stock awarded at $0.00
Grant price
$0.00 per share
Price for restricted stock issued under 2025 Equity Incentive Plan
Post-transaction holdings
21,947 shares
Direct Class A Common Stock held after transactions
Key Terms
restricted stock, PBF Energy Inc. 2025 Equity Incentive Plan, tax-withholding disposition, grant/award acquisition, +1 more
5 terms
restricted stock financial
"Constitutes restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
PBF Energy Inc. 2025 Equity Incentive Plan financial
"issued under the PBF Energy Inc. 2025 Equity Incentive Plan, as amended"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Class A Common Stock financial
"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.
FAQ
What insider transactions did PBF (PBF Energy Inc.) director Lawrence Michael Ziemba report?
Director Lawrence Michael Ziemba reported two Class A Common Stock transactions: a tax-withholding disposition of 931 shares and a grant of 4,231 restricted shares. These events reflect routine equity compensation activity rather than open-market buying or selling of PBF Energy stock.
What was the size and nature of the restricted stock grant to the PBF director?
Ziemba received a grant of 4,231 shares of restricted Class A Common Stock at $0.00 per share. The filing states this restricted stock was issued under the PBF Energy Inc. 2025 Equity Incentive Plan, indicating it is a compensation award subject to plan terms and potential vesting conditions.
What is the role of the PBF Energy 2025 Equity Incentive Plan in these transactions?
The 4,231-share restricted stock grant was issued under the PBF Energy Inc. 2025 Equity Incentive Plan. This plan governs equity-based compensation awards to eligible participants, such as directors, and sets the framework for grants, vesting conditions, and related tax-withholding arrangements.