Ogden George E. 4

What Happened

• George E. Ogden, a director of PBF Energy Inc., received a grant of 4,231 restricted shares on 2026-04-28 (reported on Form 4). The award was granted at $0.00 (no cash purchase). To cover the related tax liability, 931 of those shares were withheld/disposed at $41.37 each for a total withholding value of $38,515. Net new shares retained from the grant were 3,300 (4,231 granted − 931 withheld).

Key Details

• Transaction date: 2026-04-28; filing date: 2026-04-30 (filed two days after the transaction).
• Award: 4,231 shares issued (code A) at $0.00.
• Tax withholding/disposition: 931 shares disposed (code F) at $41.37 for $38,515.
• Net shares received: 3,300.
• Footnote: Shares constitute restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan, as amended.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filing appears timely (reported two days after the transaction).

Context

• This was a restricted stock award (compensation), not an open-market purchase or directional sale. The withholding of 931 shares to cover taxes is a routine administrative step and does not necessarily indicate a sell decision by the director.
• For retail investors, awards signal compensation alignment but are different from purchases where insiders use personal cash to buy shares.