other material
confidence high
sentiment neutral
materiality 0.50
PBF grants ~$15.8M in long-term equity and cash incentive awards to named executives for 2025-2027
PBF Energy Inc.
- Approximately $7.4M in restricted stock granted to CEO, Executive Chairman, and four other named executive officers.
- Additional $4.2M in performance share units and $4.2M in performance units, each tied to TSR ranking vs. peers.
- Grants under Amended 2017 Equity Incentive Plan with three-year performance period starting January 1, 2025.
- Payout ranges 0–200% based on TSR rank and percentile; negative TSR caps payout at 100%.
- Vesting generally on December 31, 2027, with accelerated vesting on change in control, death, or disability.