PBF Energy (NYSE: PBF) major holder sells 200K shares
Filing Impact
Filing Sentiment
Form Type
4
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 200,000 Class A common shares. The sales occurred on April 6 and 7, 2026 at weighted average prices in the mid-$40s per share.
On April 6, 130,000 shares were sold at a weighted average price of $46.1808. On April 7, 63,700 shares were sold at $47.0580 and 6,300 shares at $47.5276, each in multiple trades within disclosed price ranges. Following these transactions, the reporting person directly holds 19,253,698 Class A shares, remaining a large shareholder.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 200,000 shares ($9,300,522)
Net Sell
3 txns
Insider
Control Empresarial de Capitales S.A. de C.V.
Role
10% Owner
Sold
200,000 shs ($9.30M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 63,700 | $47.058 | $3.00M |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 6,300 | $47.5276 | $299K |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 130,000 | $46.1808 | $6.00M |
Holdings After Transaction:
Class A Common Shares (as defined in Exhibit 99.1 hereto) — 19,259,998 shares (Direct)
Footnotes (1)
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $46.00 to $46.365 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $46.50 to $47.45 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $47.48 to $47.54 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 (3) to this Form 4. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Key Figures
Total shares sold: 200,000 shares
Sale on April 6, 2026: 130,000 shares at $46.1808
Sale on April 7, 2026 (lot 1): 63,700 shares at $47.0580
+2 more
5 metrics
Total shares sold
200,000 shares
Open-market sales on April 6–7, 2026
Sale on April 6, 2026
130,000 shares at $46.1808
Weighted average price, multiple transactions
Sale on April 7, 2026 (lot 1)
63,700 shares at $47.0580
Weighted average price, multiple transactions
Sale on April 7, 2026 (lot 2)
6,300 shares at $47.5276
Weighted average price, multiple transactions
Shares held after transactions
19,253,698 shares
Direct Class A holdings after April 7, 2026 sale
Key Terms
open-market sale, weighted average price, ten percent owner
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner regulatory
""is_ten_percent_owner": 1"
FAQ
What did Control Empresarial de Capitales report in this PBF Form 4 filing?
Control Empresarial de Capitales S.A. de C.V. reported selling 200,000 PBF Energy Class A common shares in open-market transactions on April 6 and 7, 2026, while remaining a large shareholder with 19,253,698 shares after the trades.
What is the role of Control Empresarial de Capitales in PBF Energy (PBF)?
Control Empresarial de Capitales S.A. de C.V. is identified as a ten percent owner of PBF Energy Inc., meaning it holds at least ten percent of the company’s equity, and must report its share transactions on Form 4 under SEC rules.