Major PBF (NYSE: PBF) shareholder reports open-market sales, keeps large stake
Rhea-AI Filing Summary
Control Empresarial de Capitales S.A. de C.V., a 10% owner of PBF Energy Inc., reported open-market sales of Class A common shares. On February 9, 2026, it sold 228,500 shares at a weighted average price of $35.2622 per share, and on February 10, 2026, it sold 1,400 shares at $34.50 per share. After these transactions, it beneficially owned 28,893,198 Class A common shares, held directly.
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Insights
Large PBF shareholder conducts open-market sales but retains sizable stake.
Control Empresarial de Capitales S.A. de C.V., a 10% owner of PBF Energy, reported two open-market sales of Class A common shares. The larger was 228,500 shares at a weighted average price of $35.2622, followed by 1,400 shares at $34.50.
Form 4 data show these are straightforward open-market sales, with no derivatives or complex instruments reported. The entity still holds 28,893,198 shares directly, indicating it remains a significant shareholder after the transactions.
For investors tracking insider activity, the key facts are the sale sizes, prices, and the remaining ownership position. Subsequent filings may provide additional context on any future changes in this large holder’s stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 1,400 | $34.50 | $48K |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 228,500 | $35.2622 | $8.06M |
Footnotes (1)
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $35.10 to $35.555 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. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.