Major PBF Energy (PBF) shareholder sells 375,000 Class A shares in market
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 Class A common shares. On February 13, 2026, it sold 300,000 shares at a weighted average price of $34.2328 per share. On February 17, 2026, it sold an additional 75,000 shares at a weighted average price of $34.1066 per share. After these transactions, the reporting owner held 28,065,198 Class A common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 375,000 shares ($12,827,835)
Net Sell
2 txns
Insider
Control Empresarial de Capitales S.A. de C.V.
Role
10% Owner
Sold
375,000 shs ($12.83M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 75,000 | $34.1066 | $2.56M |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 300,000 | $34.2328 | $10.27M |
Holdings After Transaction:
Class A Common Shares (as defined in Exhibit 99.1 hereto) — 28,065,198 shares (Direct)
Footnotes (1)
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.44 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 (1) to this Form 4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.60 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 Inc. (PBF) disclose in this Form 4?
PBF Energy Inc. disclosed that Control Empresarial de Capitales S.A. de C.V., a more than ten percent owner, sold Class A common shares in two open-market transactions, totaling 375,000 shares, and reported its updated direct share ownership after these sales.
Who is the reporting person in this PBF Energy (PBF) Form 4 filing?
The reporting person is Control Empresarial de Capitales S.A. de C.V., identified as a more than ten percent owner of PBF Energy Inc. It is not listed as a director or officer, and the filing focuses on its direct holdings and recent share sales.
Were the PBF Energy (PBF) insider sales executed at a single price or multiple prices?
Both insider sales were executed at multiple prices within specified ranges, reported using weighted average prices. Footnotes state that individual trade details between $34.00 and upper-range prices are available upon request from the issuer, security holders, or SEC staff.