Hodges Georganne 4

What Happened Georganne Hodges, a director of PBF Energy Inc. (PBF), received an award of 4,231 restricted shares on 2026-04-28 (reported on 2026-04-30). The grant is recorded at $0.00 per share (award code A). To satisfy tax withholding related to the award, 931 shares were withheld/disposed at $41.37 per share, totaling $38,515 (transaction code F). This was an equity award issuance (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-28; Form 4 filed: 2026-04-30.
• Grant: 4,231 shares @ $0.00 (A — restricted stock award).
• Tax withholding: 931 shares @ $41.37 (F — disposed) = $38,515.
• Shares owned after transaction: not specified in the filing.
• Footnote: Award constitutes restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan (per filing).
• Timeliness: Filing appears timely (reported two days after the transaction); not marked late.
• Codes: A = Award/Grant, F = tax withholding to satisfy tax liability.

Context Restricted stock grants are compensation and do not necessarily signal the director’s view of the company’s short-term prospects. Withholding shares to cover taxes is a routine administrative step (not a share sale to realize gains). Purchases by insiders are generally more indicative of bullish sentiment than routine compensation-related withholding.