Matthew C. Lucey, the CEO and President of PBF Energy Inc., made several notable stock transactions as disclosed in a recent SEC filing. This activity is significant as it reflects Lucey's investment strategy and commitment to the company. The transactions occurred on October 27 and 28, 2026, and involved both the acquisition and disposition of shares in PBF Energy, a key player in the petroleum refining sector.

Background

PBF Energy Inc. is a leading company in the petroleum refining industry, classified under the SIC code 2911. The company is incorporated in Delaware and is publicly traded under the ticker symbol PBF. PBF Energy's headquarters is located at One Sylvan Way, Parsippany, NJ, and it operates primarily in the energy and transportation sector. Recent filings indicate that Lucey has been actively managing his stock holdings, with multiple transactions reported over the past year.

What the Filing Says

In the filing dated October 29, 2026, Lucey reported three transactions involving Class A common stock. The first transaction on October 27 involved the disposition of 11,593 shares at a price of $73.63 per share. Following this transaction, Lucey owned a total of 514,445 shares. Additionally, he acquired 46,094 shares at no cost, raising his total to 560,539 shares. On October 28, he disposed of another 11,999 shares at a price of $73.28, leaving him with 548,540 shares.

Impact

These transactions may affect PBF Energy's shareholders and potential investors, as they provide insight into the CEO's confidence in the company's future. Lucey's active management of his equity stake could signal to investors that he remains committed to PBF Energy's growth and stability in a competitive industry.

What's Next

The filing does not say what happens next.