Marino Joseph Daniel, the Chief Financial Officer of PBF Energy Inc., has made several stock transactions as reported in a recent SEC filing. This activity is significant as it demonstrates his ongoing investment in the company, suggesting confidence in PBF Energy's future prospects.
The filing, dated October 29, 2026, details multiple transactions involving PBF Energy's Class A Common Stock. Daniel acquired a total of 13,581 shares as part of the PBF Energy Inc. 2025 Equity Incentive Plan, while also disposing of shares in separate transactions.
Background
PBF Energy Inc. operates in the petroleum refining sector, specifically classified under the SIC code for petroleum refining. The company is based in Parsippany, New Jersey, and trades under the ticker symbol PBF. Recent filings include several Form 4 submissions, with the latest on October 29, 2026, indicating ongoing activity by its executives.
What the Filing Says
"Constitutes restricted stock issued under the PBF Energy Inc. 2025 Equity Incentive Plan."
According to the filing, Daniel disposed of 394 shares at a price of $73.63 each on October 27, 2026, and later disposed of 3,754 shares at $73.28 on October 28, 2026. Following these transactions, he holds a total of 58,284 shares.
Impact
This update may affect investor sentiment regarding PBF Energy, as executive stock transactions often signal confidence in a company's performance. Marino Joseph Daniel's actions could influence how investors perceive the company's stability and growth potential in the competitive petroleum refining industry.
What's Next
The filing does not say what happens next.
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