PBF Energy grants long-term incentive awards to five named executive officers
PBF Energy's Compensation Committee approved long-term incentive awards for its named executive officers on October 21, 2025, with grants scheduled for October 28, 2025. The awards include restricted stock, performance share units and cash performance units tied to relative TSR over 2026 to 2028, and they are routine compensation arrangements rather than a change in leadership.
Key points
- Grant Date is October 28, 2025, under the 2025 Equity Incentive Plan.
- CEO Matthew C. Lucey's grants total $2,306,800 in restricted stock, $1,730,100 in performance share units and $1,730,100 in performance units.
- Other named executive officers, including CFO Joseph Marino, each received $994,961 in restricted stock, $746,221 in performance share units and $746,221 in performance units.
- Performance awards vest December 31, 2028, and can pay from zero to 200 percent of target based on relative TSR.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.