Transaction overview
PBF Energy Inc. (NYSE: PBF) Senior Vice President Paul T. Davis reported a sale of 50,000 shares of Class A Common Stock on March 27, 2026, at a per‑share price of $51.4836. The disclosed proceeds from that sale total $2.57 million. The sale was recorded as part of a Form 4 filing with the U.S. Securities and Exchange Commission.
Options exercised
In the same filing, Davis also exercised stock options to acquire 50,000 shares of PBF Energy’s Class A Common Stock at an exercise price of $28.67 per share, a transaction representing $1.43 million in value at the exercise price. Those options were originally granted on October 30, 2017, and were indicated as fully vested at the time of exercise.
Post‑transaction holdings
Following the sale and the exercise of the options, the filing shows that Davis directly owns 183,426 shares of PBF Energy. The filings do not include further commentary on the purposes behind the sale or the exercise beyond the standard reporting details.
Share price context
The sale occurred while PBF’s shares were trading close to a 52‑week high of $52.18. The company’s stock has recorded a 174% gain over the past year, and the market capitalization noted in related reporting is $6.03 billion.
Recent quarterly results
Separately, PBF Energy reported fourth‑quarter 2025 results that showed an adjusted earnings per share (EPS) of $0.66, outpacing analyst expectations of -$0.20. Revenue for the quarter was $7.14 billion, slightly below the $7.17 billion analysts had forecast. The stronger adjusted EPS figure and the marginal revenue shortfall were both highlighted in post‑reporting coverage and filings.
Investor resources
The company and its financials have been subject to further valuation review and commentary through premium analytical services noted in the filing, which reference Fair Value estimates and additional analytical material for the $6.03 billion energy company.
Closing note
The Form 4 filing documents the mechanics and sizes of the transactions, the option grant date and vesting status, and the executive’s remaining direct share ownership. The report does not provide explanations for the timing of the sale or the exercise beyond the statutory disclosure requirements.