PBF Energy Inc. (PBF) 10% owner sells 370,375 Class A shares in open-market trades
Rhea-AI Filing Summary
PBF Energy Inc. large stockholder Control Empresarial de Capitales S.A. de C.V., reported open-market sales of 370,375 Class A Common Shares over two days. On August 11, 2026 it sold 220,375 shares at weighted average prices around $68.22–$69.14, and on August 12, 2026 it sold 150,000 shares at a weighted average price of $70.13, all within disclosed price ranges. The Rule 10b5-1 checkbox was not marked for these trades.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 370,375 shares
Net Sell
3 txns
Insider
Control Empresarial de Capitales S.A. de C.V.
Role
10% Owner
Sold
370,375 shs ($25.66M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) F3, F4 | 150,000 | $70.1338 | $10.52M |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) F1, F4 | 110,000 | $68.2184 | $7.50M |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) F2, F4 | 110,375 | $69.1383 | $7.63M |
Holdings After Transaction:
Class A Common Shares (as defined in Exhibit 99.1 hereto) — 14,621,753 shares (Direct)
Footnotes (4)
- F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $68.00 to $68.40 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.
- F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $69.00 to $69.50 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.
- F3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $69.80 to $70.72 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.
- F4. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Key Figures
Total shares sold: 370,375 shares
Shares sold 2026-08-11 (lot 1): 110,000 shares
Shares sold 2026-08-11 (lot 2): 110,375 shares
+2 more
5 metrics
Total shares sold
370,375 shares
Aggregate Class A Common Shares sold on August 11–12, 2026
Shares sold 2026-08-11 (lot 1)
110,000 shares
Non-derivative sale at weighted average price $68.2184 within $68.00–$68.40 range
Shares sold 2026-08-11 (lot 2)
110,375 shares
Non-derivative sale at weighted average price $69.1383 within $69.00–$69.50 range
Shares sold 2026-08-12
150,000 shares
Non-derivative sale at weighted average price $70.1338 within $69.80–$70.72 range
Net insider share change
-370,375 shares
Net buy/sell direction across reported transactions was net-sell
Key Terms
weighted average price, Rule 10b5-1, Class A Common Shares
3 terms
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions at prices ranging"
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.
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox was not marked for these trades."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider activity did PBF (PBF) disclose in this Form 4?
PBF reported that Control Empresarial de Capitales S.A. de C.V., a 10% owner, sold 370,375 Class A Common Shares in open-market transactions on August 11–12, 2026, at weighted average prices between roughly $68.00 and $70.72.
Were the recent PBF (PBF) insider sales made under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox was not checked, and no footnote states that these transactions were executed under a Rule 10b5-1 trading plan. The filing characterizes them as open-market or private transactions.
Who is the reporting person in the PBF (PBF) Form 4 and what is their status?
The reporting person is Control Empresarial de Capitales S.A. de C.V.. It is identified in the filing as a 10% owner of PBF Energy Inc., and not as a director or officer. Additional related reporting persons are referenced in Exhibit 99.1.
AI-generated analysis. How Rhea-AI works. Not financial advice.