Insider Trading April 1, 2026

PBF Energy Director Executes Option Exercise, Sells $2.53M in Class A Stock

Director Thomas Nimbley sells 50,000 shares after large annual gain and concurrently exercises an equal number of options; company also posted a fourth-quarter earnings beat but a small revenue miss

By Nina Shah PBF
PBF Energy Director Executes Option Exercise, Sells $2.53M in Class A Stock
PBF

PBF Energy director Thomas J. Nimbley sold 50,000 shares of the company’s Class A common stock on March 31, 2026, for $2.53 million and exercised 50,000 options the same day at a strike price of $28.67. The share sale came after a one-year gain of 149% and follows InvestingPro’s assessment that the stock is slightly overvalued relative to its Fair Value. Separately, PBF reported a fourth-quarter 2025 adjusted EPS of $0.66, beating the consensus estimate of -$0.20, while revenue of $7.14 billion narrowly missed forecasts of $7.17 billion.

Key Points

  • Director Thomas J. Nimbley sold 50,000 shares of PBF Energy Class A stock on March 31, 2026, for $2.53 million at $50.6162 per share after a 149% one-year gain - sector impact: Energy, Equity Markets.
  • Nimbley simultaneously exercised 50,000 vested options granted on October 30, 2017, at an exercise price of $28.67, for a total cost of $1.43 million - sector impact: Corporate governance, Executive compensation.
  • PBF’s fourth-quarter 2025 adjusted EPS was $0.66, beating the -$0.20 estimate, while revenue of $7.14 billion slightly missed the $7.17 billion forecast - sector impact: Energy earnings and market expectations.

Director Thomas J. Nimbley of PBF Energy Inc. completed two related equity transactions on March 31, 2026. He sold 50,000 shares of Class A common stock at $50.6162 per share, producing proceeds of approximately $2.53 million. That sale followed a 149% return on the stock over the prior 12 months.


On the same date, Nimbley exercised options to acquire 50,000 shares of PBF Energy Class A common stock at an exercise price of $28.67 per share, for a total outlay of $1.43 million. Those options were issued under a grant dated October 30, 2017, and were fully vested at the time of exercise.

After completing the option exercise and sale, Nimbley directly holds 790,716 shares of PBF Energy. An InvestingPro analysis cited in filings and notices indicates that the stock looks slightly overvalued relative to its Fair Value at current market levels; that valuation view may provide context for the timing of the director’s sale.


Alongside the insider activity, PBF Energy released its fourth-quarter 2025 financial results. The company reported an adjusted earnings per share (EPS) of $0.66, a notable beat versus analysts’ consensus of -$0.20. Revenue for the quarter totaled $7.14 billion, which was marginally below the expected $7.17 billion.

Those results present a mixed picture: adjusted earnings exceeded expectations while top-line revenue was slightly under forecast. The company’s earnings outcome and the recent insider transactions have drawn continued attention from market participants and analyst firms, which remain observant of subsequent developments.


For investors seeking expanded coverage, the Pro Research Report provides in-depth analysis for PBF Energy and more than 1,400 other U.S. equities. That resource is referenced for those who want deeper financial metrics, valuation context, and related data on the company.

While the filings and reported results supply clear transaction details and quarter-end performance, public disclosures do not provide additional commentary on the motivations behind the director’s sale or the option exercise beyond the documented dates, prices, and holdings.

Risks

  • Valuation risk: InvestingPro analysis indicates the stock appears slightly overvalued relative to its Fair Value, which may influence investor sentiment - impacts the Energy sector and equity valuation assessments.
  • Revenue shortfall: The company’s Q4 2025 revenue of $7.14 billion came in just below expectations of $7.17 billion, representing a near-term top-line risk that market participants may monitor - impacts revenue-driven valuation models in Energy and Refining.
  • Information gap: Filings provide transaction mechanics and holdings but do not disclose the director’s motivations for the sale or the option exercise, leaving investor interpretation open - impacts governance transparency considerations.

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