Major PBF Energy (PBF) shareholder sells 250,000 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 major shareholder of PBF Energy Inc., reported an open-market sale of 250,000 Class A common shares at a weighted average price of $34.9099 per share. After this transaction, the reporting holder owned 27,591,198 Class A common shares directly.
The sale was executed in multiple trades within a price range from $34.60 to $35.08, with the weighted average price disclosed for transparency.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 250,000 shares ($8,727,475)
Net Sell
1 txn
Insider
Control Empresarial de Capitales S.A. de C.V.
Role
10% Owner
Sold
250,000 shs ($8.73M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 250,000 | $34.9099 | $8.73M |
Holdings After Transaction:
Class A Common Shares (as defined in Exhibit 99.1 hereto) — 27,591,198 shares (Direct)
Footnotes (1)
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.60 to $35.08 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. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
FAQ
What insider transaction did PBF Energy (PBF) disclose in this Form 4?
PBF Energy reported that Control Empresarial de Capitales S.A. de C.V. executed an open-market sale of 250,000 Class A common shares. The sale used a weighted average price of $34.9099 per share and was completed across multiple trades within a narrow price range.
Who is the reporting person in the latest PBF Energy (PBF) Form 4 filing?
The reporting person is Control Empresarial de Capitales S.A. de C.V., identified as a ten percent owner of PBF Energy Inc. It reported a direct holding of 27,591,198 Class A common shares after the disclosed open-market sale transaction executed on February 24, 2026.
What does the price range disclosure mean in PBF Energy’s (PBF) Form 4?
The filing states the 250,000 shares were sold in multiple trades at prices between $34.60 and $35.08. A weighted average price of $34.9099 is reported, and the reporting persons commit to provide full trade details upon request to investors or regulators.
Was the PBF Energy (PBF) insider sale an open-market transaction?
Yes. The Form 4 describes the transaction as an open-market sale of Class A common shares. It uses transaction code “S,” indicating a sale in open-market or private transactions, and specifies the weighted average price and detailed trading range for the executed orders.