PBF Energy major holder sells 365K shares
Control Empresarial de Capitales S.A. de C.V., a ten percent owner of PBF Energy Inc., reported open-market sales of a total of 365,000 Class A Common Shares.
Rhea-AI Filing Summary
Control Empresarial de Capitales S.A. de C.V., a ten percent owner of PBF Energy Inc., reported open-market sales of a total of 365,000 Class A Common Shares. The trades were executed on two dates at weighted average prices in the low-to-mid $40s per share.
The holder sold 362,000 shares on one day at a weighted average price of $43.4976 and 3,000 shares on the next day at a weighted average price of $44.4133, through multiple transactions within stated price ranges. After these sales, it still holds 18,888,698 Class A Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 3,000 | $44.4133 | $133K |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 362,000 | $43.4976 | $15.75M |
Footnotes (3)
- F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.20 to $43.88 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $44.40 to $44.44 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- F3. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
ten percent owner financial
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What insider activity did PBF Energy (PBF) report in this Form 4?
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