PBF Energy Inc. Approves Long-Term Incentive Awards for Executives

On October 21, 2025, the Compensation Committee of PBF Energy Inc. approved long-term incentive awards for the company's named executive officers. The awards, granted under the 2025 Equity Incentive Plan, include restricted shares of Class A common stock, performance share units, and performance units. The performance share units and performance units are tied to the company's total shareholder return (TSR) relative to its peers over a three-year performance period from January 1, 2026, to December 31, 2028. The awards will vest on December 31, 2028, subject to certain conditions. The specific grants to each executive are detailed in the filing, with CEO Matthew C. Lucey receiving the largest award.