A Form 4 filed on August 19, 2026 reports that Thomas J. Nimbley, a director of PBF Energy Inc. (NYSE:PBF), exercised and sold employee stock options totaling 341,008 shares of Class A Common Stock across three trading days.

Key Highlights

  • Three-day exercise and sale: Nimbley exercised and sold options on August 17, 18, and 19, 2026, covering 100,000, 125,000, and 116,008 shares respectively.
  • Exercise price: All options were exercised at $6.72 per share, per the filing.
  • Sale prices: Shares were sold at $75.0509 on August 17, $74.5467 on August 18, and $73.73 on August 19, according to the filing.
  • Options fully vested: The filing states the options were granted on November 9, 2020 and are fully vested.
  • Remaining ownership: Following all transactions, Nimbley directly beneficially owns 793,737 shares of Class A Common Stock, as reported.
  • Options exhausted: After the three exercises, the reporting person holds zero remaining employee stock options of this grant, per the filing.

Thomas J. Nimbley Option Exercises and Share Sales at PBF Energy

According to the filing, Thomas J. Nimbley, identified as a director of PBF Energy Inc., executed a series of option exercise and sale transactions between August 17 and August 19, 2026. Each transaction pair consisted of an exercise coded "M" (exercise of in-the-money or at-the-money derivative) followed by a same-day sale coded "S," involving Class A Common Stock.

On August 17, 2026, Nimbley exercised 100,000 options at $6.72 per share and sold 100,000 shares at $75.0509 per share, the filing discloses. On August 18, he exercised 125,000 options at $6.72 and sold the same number at $74.5467 per share. On August 19, he exercised and sold 116,008 shares at an exercise price of $6.72 and a sale price of $73.73 per share. The filing notes that the options were "granted on November 9, 2020 that are fully vested," with an expiration date of November 9, 2030 for the first two tranches and November 9, 2020 for the third, as recorded.

Following all reported transactions, Nimbley's direct beneficial ownership stands at 793,737 shares of Class A Common Stock, per the filing. The derivative security holdings for this option grant are reduced to zero following the August 19 exercise. The form was signed by Trecia Canty as Attorney-in-Fact on behalf of Thomas J. Nimbley and filed on August 19, 2026.

What Was Disclosed

The filing reports that PBF Energy director Thomas J. Nimbley exercised all remaining employee stock options from a November 2020 grant, totaling 341,008 shares, and sold those shares across three days at prices ranging from $73.73 to $75.0509 per share.