Major PBF Energy (PBF) shareholder sells 90,000 Class A shares in market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PBF Energy Inc. large shareholder Control Empresarial de Capitales S.A. de C.V., a more than ten percent owner, reported open-market sales of Class A common shares. The entity sold 18,000 shares on February 18, 2026 at an average price of $34.5045 per share and 72,000 shares on February 19, 2026 at an average price of $34.1311 per share. After these transactions, the reporting owner held 27,975,198 Class A common shares directly. Footnotes state the sales were executed in multiple trades within price ranges around the reported averages, and detailed trade-by-trade information is available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 90,000 shares ($3,078,520)
Net Sell
2 txns
Insider
Control Empresarial de Capitales S.A. de C.V.
Role
10% Owner
Sold
90,000 shs ($3.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 72,000 | $34.1311 | $2.46M |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 18,000 | $34.5045 | $621K |
Holdings After Transaction:
Class A Common Shares (as defined in Exhibit 99.1 hereto) — 27,975,198 shares (Direct)
Footnotes (1)
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.40 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 (1) to this Form 4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.235 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) report in this Form 4?
PBF Energy reported that large shareholder Control Empresarial de Capitales S.A. de C.V. sold 90,000 Class A common shares in open-market transactions. The sales occurred over two days and were reported as standard insider transactions under Section 16 rules.
Were the PBF Energy (PBF) insider sales executed in single or multiple trades?
The filing notes the reported prices are weighted averages, meaning shares were sold in multiple transactions. Footnotes state trades occurred within specified price ranges, and detailed trade-level data is available to the issuer, investors, or regulators upon request.
What type of transactions were reported in the PBF Energy (PBF) Form 4?
The transactions are classified as open-market sales of non-derivative Class A common shares, coded as “S” in the filing. This indicates routine sales on the market or through private transactions, rather than option exercises or derivative-related activity.