PBF Energy Inc. has approved new long-term incentive awards for its named executive officers, with grants to be made on October 28, 2025, under the company's 2025 Equity Incentive Plan. CEO and President Matthew C. Lucey will receive $2,306,800 in restricted stock and $1,730,100 in performance units. Other senior executives, including CFO Joseph Marino, SVP T. Paul Davis, SVP Trecia Canty, and SVP Michael Bukowski, will each receive $994,961 in restricted stock and $746,221 in performance units. The performance share units and performance units will vest on December 31, 2028, and the final amounts will depend on the company's total shareholder return relative to its peers over a three-year period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PBF Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001534504-25-000056), on October 27, 2025, and is solely responsible for the information contained therein.