Bukowski Michael 4

What happened Michael Bukowski, SVP and Head of Refining at PBF Energy (PBF), disposed of 1,634 shares on March 4, 2026. The shares were recorded at $44.80 each, for a total value of $73,203. The filing shows code F (payment of exercise price or tax liability), meaning the shares were surrendered/withheld to satisfy taxes from an equity award or option exercise — not an open-market sale.

Key details

• Transaction date and price: 2026-03-04 — 1,634 shares @ $44.80 = $73,203.
• Transaction code: F (payment of exercise price or tax liability); described as a disposal/withholding of shares.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-03-06 (appears timely; reported within two business days).
• Accession: 0001193125-26-096215.

Context This appears to be a routine tax-withholding event tied to an equity award or option exercise (shares surrendered to cover taxes). Such withholding transactions are common and don’t necessarily indicate the insider is taking a directional market view; purchases by insiders tend to carry more weight as signals.