Nimbley Thomas J. 4

What Happened
Thomas J. Nimbley, a director of PBF Energy Inc. (PBF), received an award of 4,231 restricted shares (acquisition code A) on April 28, 2026 at $0.00 per share. As part of the same event, 1,210 shares were disposed (code F) to cover tax withholding at a reported withholding price of $41.37 per share, totaling $50,058.

Key Details

• Transaction dates: April 28, 2026 (reported on Form 4 filed April 30, 2026). Filing appears timely (filed two days after the transaction).
• Award: 4,231 shares granted at $0.00 (restricted stock).
• Tax withholding: 1,210 shares withheld/disposed at $41.37 = $50,058. (Code F = tax withholding)
• Footnote: The shares constitute restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan, as amended (footnote F1).
• Shares owned after the transaction: not specified in the provided filing.

Context
This was a restricted stock grant (compensation), not an open-market purchase or sale; the withholding of shares to satisfy tax obligations is routine and does not necessarily indicate an independent sell decision. For options/exercises, note whether shares are immediately sold — here the only sale-like action was for tax withholding. This transaction is by a director (not a >10% owner disclosure) and should be read as part of regular equity compensation reporting.