Last updated: 5 August 2024 at 4:50pm EST

Spencer Abraham Net Worth




The estimated Net Worth of Spencer Abraham is at least $21.7 Million dollars as of 31 July 2024. Mr. Abraham owns over 33,621 units of PBF Inc stock worth over $21,073,723 and over the last 20 years he sold PBF stock worth over $336,799. In addition, he makes $265,590 as Independent Director at PBF Inc.

Mr. Abraham PBF stock SEC Form 4 insiders trading

Spencer has made over 15 trades of the PBF Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he exercised 33,621 units of PBF stock worth $1,047,294 on 31 July 2024.

The largest trade he's ever made was exercising 345,000 units of PBF Inc stock on 7 May 2021 worth over $438,150. On average, Spencer trades about 4,488 units every 8 days since 2005. As of 31 July 2024 he still owns at least 676,524 units of PBF Inc stock.

You can see the complete history of Mr. Abraham stock trades at the bottom of the page.





Spencer Abraham biography

Spencer E. Abraham serves as Independent Director of the Company. Mr. Abraham was a director of PBF LLC from August 2012 to February 2013 and a director of Holding from August 2012 to October 2012. He is the chairman of our Compensation Committee and a member of our Nominating and Corporate Governance Committee. Mr. Abraham is the Chief Executive Officer and Chairman of the international strategic consulting firm The Abraham Group, which he founded in 2005. Prior to starting The Abraham Group, Mr. Abraham served as Secretary of Energy under President George W. Bush from 2001 through January 2005, and was a U.S. Senator for the State of Michigan from 1995 to 2001. Prior to serving as a U.S. Senator, Mr. Abraham held various other public and private sector positions in the public policy arena. Mr. Abraham serves as a director of Occidental Petroleum Corporation, where he is a member of the Compensation Committee and the HSE Committee; NRG Energy, Inc., where he is a member of the Compensation Committee; and Two Harbors, a publicly traded REIT, where he is a member of the Compensation Committee and the Governance Committee. He is the former Chairman of the Board of Uranium Energy Corporation. He was previously a director of ICx Technologies, non-executive Chairman of Areva Inc. and a member of the board of C3 IoT. Mr. Abraham is a trustee of the California Institute of Technology. Mr. Abraham’s extensive political and financial experience in the energy sector, including as the Secretary of Energy of the United States, as a U.S. Senator and as a board member of various public companies in the oil and gas sector, provides him with unique and valuable insights into the industry in which we operate and the markets that we serve and, for these reasons, PBF Energy believes that Mr. Abraham is a valuable member of its Board of Directors.

What is the salary of Spencer Abraham?

As the Independent Director of PBF Inc, the total compensation of Spencer Abraham at PBF Inc is $265,590. There are 16 executives at PBF Inc getting paid more, with Thomas Nimbley having the highest compensation of $10,149,400.



How old is Spencer Abraham?

Spencer Abraham is 67, he's been the Independent Director of PBF Inc since 2012. There are 8 older and 15 younger executives at PBF Inc. The oldest executive at PBF Energy Inc is Thomas D. O'Malley, 79, who is the Consultant.

What's Spencer Abraham's mailing address?

Spencer's mailing address filed with the SEC is 804 CARNEGIE CENTER, , PRINCETON, NJ, 08540.

Insiders trading at PBF Inc

Over the last 12 years, insiders at PBF Inc have traded over $2,975,381,187 worth of PBF Inc stock and bought 20,949,891 units worth $638,858,371 . The most active insiders traders include Holdings Ii L.P.Blackstone ..., Empresarial De Capitales S...., and Reserve Gp Xii Ltd Fr Pbf H.... On average, PBF Inc executives and independent directors trade stock every 33 days with the average trade being worth of $31,414,868. The most recent stock trade was executed by Empresarial De Capitales S.... on 9 September 2024, trading 770,000 units of PBF stock currently worth $24,624,600.



What does PBF Inc do?

our mission is to identify attractive acquisition opportunities in the petroleum refining industry in north america and execute acquisitions that provide superior returns to our investors, provide employees with a safe and rewarding workplace, and become a positive influence in the communities where we do business.



What does PBF Inc's logo look like?

PBF Energy Inc logo

Complete history of Mr. Abraham stock trades at NRG, Occidental Petroleum, PBF Inc, Two Harbors Investment Corp, and Uranium Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
31 Jul 2024 Spencer Abraham
Director
Option 33,621 $5.93 $199,373
31 Jul 2024
676,524
31 Jul 2023 Spencer Abraham
Director
Option 37,466 $3.60 $134,878
31 Jul 2023
642,903
24 Mar 2023 Spencer Abraham
Director
Buy 38,500 $2.61 $100,485
24 Mar 2023
605,437
29 Jul 2022 Spencer Abraham
Director
Option 6,666 $4.20 $27,997
29 Jul 2022
566,937
21 Jul 2022 Spencer Abraham
Director
Option 144,714 $1.11 $160,633
21 Jul 2022
580,034
16 Jul 2022 Spencer Abraham
Director
Option 16,666 $3.37 $56,164
16 Jul 2022
461,395
3 Aug 2021 Spencer Abraham
Director
Option 75,000 $0.92 $69,000
3 Aug 2021
458,195
30 Jul 2021 Spencer Abraham
Director
Option 6,667 $2.17 $14,467
30 Jul 2021
400,284
16 Jul 2021 Spencer Abraham
Director
Option 66,668 $2.02 $134,669
16 Jul 2021
393,617
17 May 2021 Spencer Abraham
Director
Sale 71,646 $3.17 $227,118
17 May 2021
326,949
7 May 2021 Spencer Abraham
Director
Option 345,000 $1.27 $438,150
7 May 2021
412,218
31 Jul 2020 Spencer Abraham
Director
Option 6,667 $0.97 $6,467
31 Jul 2020
184,587
17 May 2024 Spencer Abraham
Director
Sale 3,840 $13.02 $49,997
17 May 2024
31,896
18 May 2023 Spencer Abraham
Director
Sale 2,355 $12.28 $28,919
18 May 2023
26,632
19 May 2022 Spencer Abraham
Director
Sale 6,153 $5.00 $30,765
19 May 2022
77,547


PBF Inc executives and stock owners

PBF Inc executives and other stock owners filed with the SEC include: