10% Owner Sells $48 Million in PBF Energy Stock Amidst Broader Distribution

summarizeSummary

Control Empresarial de Capitales S.A. de C.V., a 10% owner, sold over $48 million worth of PBF Energy Class A common shares in open market transactions, continuing a trend of significant insider distribution.

check_boxKey Events

• Significant Insider Selling

  Control Empresarial de Capitales S.A. de C.V., a 10% owner, disposed of 1,108,100 shares of PBF Energy Class A common stock for a total value of $48,037,388 in open market transactions on March 4-5, 2026.

• Continued Distribution by Major Shareholder

  These sales contribute to a broader pattern of distribution by the Slim Family, who previously reported selling approximately $97.4 million in PBF Energy stock since mid-February, as disclosed in a Schedule 13D/A filing on March 5, 2026.

auto_awesomeAnalysis

This Form 4 details significant open market sales by Control Empresarial de Capitales S.A. de C.V., a major 10% owner associated with the Slim Family. The sale of over $48 million in shares contributes to a broader pattern of distribution by the Slim Family, who previously reported cumulative sales of approximately $97.4 million since mid-February in a Schedule 13D/A filing on March 5, 2026. This continued selling pressure from a large institutional holder could be perceived negatively by the market, especially given PBF Energy's reported net loss for fiscal year 2025.