PBF Energy set long-term awards for senior leaders, with some pay tied to share performance. Shares may be issued and some awards can require cash, but the filing reports no change to business results, so its outlook is unchanged.
This ties some executive pay to how the company's shares do over 3 years. Some awards can add shares, and others may require cash payments. The filing reports no change to sales, profits, or operations, so it does not change how PBF is expected to do.
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