Director Nimbley Sells $17.6M in PBF Stock After Exercising Options
PBF has more than doubled off its 52-week low of $21.819.
Summary
PBF Energy director Thomas J. Nimbley exercised options and sold 260,063 shares for $17.6 million on August 11, 2026, near the stock's 52-week high.
Key Events · Ownership and Investor Activity · PBF
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Director Sells $17.6M in Stock
Thomas J. Nimbley sold 260,063 shares at $67.84 on August 11, 2026, realizing $17.6 million in proceeds.
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Option Exercise Precedes Sale
Nimbley exercised 260,063 options at $32.71 per share, acquiring the shares immediately before selling them.
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Sale Near 52-Week High
The sale price of $67.84 is close to the stock's 52-week high of $74.74, indicating profit-taking after a strong rally.
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Broader Insider Distribution
Over the past 90 days, PBF insiders have sold $232.6 million in open-market transactions with no purchases, signaling a distribution trend.
Analysis · PBF · Energy & Transportation
Director Thomas J. Nimbley exercised 260,063 options at $32.71 and immediately sold the shares at $67.84, netting $17.6 million. The sale occurred near the stock's 52-week high of $74.74, suggesting profit-taking after a strong run. While the transaction represents only 0.297% of the company's market cap, it is a notable insider sale by a board member and adds to a broader pattern of insider distribution over the past 90 days, during which insiders have sold $232.6 million with no open-market purchases.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PBF was trading at $74.36 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $8.8B. The 52-week trading range was $21.82 to $74.74. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.