Major PBF Energy (PBF) shareholder sells 134,000 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Control Empresarial de Capitales S.A. de C.V., a more than ten percent owner of PBF Energy Inc., reported open-market sales of a total of 134,000 Class A common shares. The sales occurred in two transactions: 132,000 shares on February 20, 2026 at a weighted average price of about $34.6509 per share, and 2,000 shares on February 23, 2026 at a weighted average price of about $34.5100 per share. After these sales, the reporting holder owned 27,841,198 Class A common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 134,000 shares ($4,642,939)
Net Sell
2 txns
Insider
Control Empresarial de Capitales S.A. de C.V.
Role
10% Owner
Sold
134,000 shs ($4.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 2,000 | $34.51 | $69K |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 132,000 | $34.6509 | $4.57M |
Holdings After Transaction:
Class A Common Shares (as defined in Exhibit 99.1 hereto) — 27,841,198 shares (Direct)
Footnotes (1)
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.50 to $34.82 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 $34.50 to $34.52 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.
FAQ
What insider activity did PBF Energy (PBF) report on this Form 4?
PBF Energy reported that major shareholder Control Empresarial de Capitales S.A. de C.V. sold a total of 134,000 Class A common shares in open-market transactions, while remaining a large holder of the company’s stock after these sales.
Who is the reporting person on this PBF Energy (PBF) Form 4 filing?
The reporting person is Control Empresarial de Capitales S.A. de C.V., identified in the filing as a more than ten percent owner of PBF Energy’s Class A common shares, making it a significant shareholder under SEC reporting rules.
Were the PBF Energy (PBF) insider sales executed as open-market transactions?
Yes. The Form 4 classifies both trades as open-market sales with transaction code “S” and describes them as sales in open market or private transactions, with weighted average prices disclosed and detailed price ranges available upon request.