Major PBF Energy (PBF) holder sells 251,000 shares, retains 18.2M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Control Empresarial de Capitales S.A. de C.V., a major shareholder of PBF Energy Inc., reported open-market sales of a total of 251,000 Class A Common Shares on June 2–3, 2026 at prices around the low-$40s per share. After these transactions, the reporting holder owned 18,217,698 Class A Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 251,000 shares ($10,937,543)
Net Sell
2 txns
Insider
Control Empresarial de Capitales S.A. de C.V.
Role
null
Sold
251,000 shs ($10.94M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 220,000 | $43.5775 | $9.59M |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 31,000 | $43.5643 | $1.35M |
Holdings After Transaction:
Class A Common Shares (as defined in Exhibit 99.1 hereto) — 18,217,698 shares (Direct, null)
Footnotes (1)
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.50 to $43.84 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 $43.50 to $43.71 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. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Key Figures
Shares sold June 2, 2026: 31,000 shares
Price June 2 sale: $43.5643 per share
Shares sold June 3, 2026: 220,000 shares
+3 more
6 metrics
Shares sold June 2, 2026
31,000 shares
Open-market sale of Class A Common Shares
Price June 2 sale
$43.5643 per share
Weighted average sale price
Shares sold June 3, 2026
220,000 shares
Open-market sale of Class A Common Shares
Price June 3 sale
$43.5775 per share
Weighted average sale price
Total shares sold
251,000 shares
Net shares sold across both transactions
Shares owned after June 3 sale
18,217,698 shares
Class A Common Shares held following latest transaction
Key Terms
Class A Common Shares, open-market sale, weighted average price, non-derivative, +1 more
5 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.
non-derivative financial
"transaction_type: "non-derivative""
ten percent owner regulatory
"is_ten_percent_owner: 1"
FAQ
What insider activity did Control Empresarial report for PBF on this Form 4?
Control Empresarial de Capitales S.A. de C.V. reported selling 251,000 PBF Class A shares. The sales occurred in open-market transactions on June 2–3, 2026, and were executed at weighted average prices in the low-$40s per share.
Were the PBF (PBF) insider sales executed as open-market transactions?
Yes, the Form 4 characterizes both transactions as open-market sales. The filing labels each as a sale in open market or private transaction, with weighted average prices disclosed and additional trade-level detail available on request to the reporting persons.
Does the Form 4 for PBF (PBF) mention any derivative securities or option exercises?
No derivative transactions or option exercises are listed in this Form 4. The filing reports only two non-derivative transactions involving Class A Common Shares and shows no remaining derivative positions in the derivative summary section.