PBF Energy (NYSE: PBF) SVP exercises options and sells 62,999 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PBF Energy Inc. senior vice president and general counsel Trecia M. Canty exercised employee stock options for 62,999 shares of Class A common stock at $21.38 per share on March 24, 2026. These options were granted on October 25, 2016 and were fully vested.
On the same date, she sold 62,999 shares of Class A common stock in an open-market transaction at $50.00 per share, an exercise-and-sell pattern. Following these transactions, she directly owns 191,779 shares of PBF Energy Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 62,999 shares ($3,149,950)
Net Sell
3 txns
Insider
Canty Trecia M
Role
SVP and General Counsel
Sold
62,999 shs ($3.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 62,999 | $0.00 | -- |
| Exercise | Class A Common Stock | 62,999 | $21.38 | $1.35M |
| Sale | Class A Common Stock | 62,999 | $50.00 | $3.15M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Class A Common Stock — 254,778 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did PBF (PBF) report for Trecia M. Canty?
Trecia M. Canty exercised options for 62,999 PBF shares and sold the same number. She converted vested employee stock options into Class A common stock at $21.38 per share, then sold 62,999 shares at $50.00 per share on March 24, 2026.
What type of options did the PBF (PBF) executive exercise?
The executive exercised employee stock options to buy 62,999 PBF Class A shares. These options carried an exercise price of $21.38 per share and were originally granted on October 25, 2016, with the filing noting they were fully vested at the time of exercise.
At what prices were the PBF (PBF) transactions executed?
The options were exercised at $21.38 per share and the shares sold at $50.00. Both the derivative exercise and the open-market sale involved 62,999 shares of PBF Energy Class A common stock on March 24, 2026.
Does the PBF (PBF) Form 4 show remaining stock options for the executive?
The filing shows no remaining derivative positions after this option exercise. The derivative summary is empty, and the exercised employee stock options for 62,999 shares are reported with zero derivative shares remaining following the transaction.
What role does Trecia M. Canty hold at PBF (PBF)?
Trecia M. Canty serves as senior vice president and general counsel at PBF Energy. The Form 4 identifies her as an officer, not a director or 10% owner, and reports the described option exercise and share sale under her direct ownership.