SVP Sells $4.8M in PBF Energy Shares Following Option Exercise

summarizeSummary

James E. Fedena, Senior Vice President at PBF Energy, sold over $4.8 million worth of Class A Common Stock after exercising options, contributing to a broader pattern of insider selling.

check_boxKey Events

• SVP Sells Shares

  Senior Vice President James E. Fedena sold 96,026 shares of Class A Common Stock for a total of $4,801,965.45 in open market transactions.

• Option Exercise Preceded Sale

  The sale followed the exercise of options to acquire 77,085 shares for $2,085,725.27.

• Ongoing Insider Distribution

  This transaction contributes to a pattern of significant insider selling at PBF Energy, with nearly $500 million in net sales over the past 90 days.

auto_awesomeAnalysis

This Form 4 reports a significant open market sale by Senior Vice President James E. Fedena, who disposed of shares acquired through option exercises. The sale of approximately $4.8 million worth of stock, occurring between March 30-31, 2026, follows a period of substantial insider distribution at PBF Energy, with nearly $500 million in net insider sales over the last 90 days. While option exercises followed by sales are common for liquidity or tax purposes, the magnitude of this transaction and the ongoing trend of insider selling could be interpreted negatively by investors, especially given the company's reported net loss in fiscal year 2025.