Ziemba Lawrence Michael 4

What Happened

• Lawrence Michael Ziemba, a director of PBF Energy Inc., was granted 4,231 restricted shares under the PBF Energy Inc. 2025 Equity Incentive Plan on 2026-04-28. Simultaneously, 931 shares were withheld to satisfy tax withholding obligations at an indicated value of $41.37 per share, totaling $38,515. The grant is recorded as an award (no cash purchase).

Key Details

• Transaction date: 2026-04-28; reported on Form 4 filed 2026-04-30 (appears timely).
• Grant: 4,231 shares issued (code A — award/grant), acquisition price reported $0.00 (restricted stock).
• Tax withholding: 931 shares withheld (code F), withheld at $41.37/share for total of $38,515.
• Footnote: F1 — These are restricted stock units issued under the PBF Energy Inc. 2025 Equity Incentive Plan, as amended.
• Shares owned after the transaction: not specified in the provided filing.

Context

• This was an equity award (not an open-market purchase or sale). The withholding of 931 shares is a common administrative step to cover tax liabilities on the grant and does not necessarily signal a voluntary sale. Awards are typically subject to vesting and other restrictions under the company’s incentive plan.