---
schema_version: "secwatch.filing_event.v1"
accession: "0001534504-25-000056"
form_type: "8-K"
ticker: "PBF"
cik: "0001534504"
company_name: "PBF Energy Inc."
filed_at: "2025-10-27T23:59:59+00:00"
generated_at: "2026-05-17T02:10:12.900840+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PBF Energy approves long-term incentive grants to named executives; CEO Lucey gets $5.8M total

## Summary
- CEO Matthew Lucey: $2.3M restricted stock, $1.73M PSUs, $1.73M performance units; total ~$5.8M.
- Other NEOs (Marino, Davis, Canty, Bukowski) each get ~$1.0M restricted stock and ~$0.75M each PSUs and performance units.
- Grants under 2025 Equity Incentive Plan; performance period Jan 1, 2026 – Dec 31, 2028.
- PSUs and performance units vest based on TSR ranking vs. peer group; payout 0% to 200% of target.
- Grants approved Oct 21, 2025; grant date Oct 28, 2025.

## SEC filing metadata
- accession: 0001534504-25-000056
- form_type: 8-K
- ticker: PBF
- cik: 0001534504
- company_name: PBF Energy Inc.
- filed_at: 2025-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534504/000153450425000056/0001534504-25-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534504/000153450425000056/pbf-20251021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001534504-25-000056
- JSON: https://secwatch.observer/filing/0001534504-25-000056.json
- Plain text: https://secwatch.observer/filing/0001534504-25-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.