Major 10% Owner Continues Significant Share Sales, Disposing of $28 Million in PBF Energy Stock

summarizeSummary

A major 10% owner, Control Empresarial de Capitales S.A. de C.V., sold an additional $27.99 million worth of PBF Energy stock, continuing a recent trend of significant insider selling.

check_boxKey Events

• Significant Share Disposition

  Control Empresarial de Capitales S.A. de C.V., a 10% owner, sold 645,000 shares of PBF Energy Class A common stock for a total value of $27,993,834 on March 12-13, 2026.

• Continuation of Selling Trend

  This sale is part of a broader pattern of distribution by the Slim Family and Control Empresarial, who have collectively sold over $170 million in PBF Energy stock since mid-February, as indicated by recent filings.

auto_awesomeAnalysis

Control Empresarial de Capitales S.A. de C.V., a 10% owner and part of the Slim Family, has continued its pattern of significant share sales, disposing of an additional $27.99 million in PBF Energy stock. This follows previous sales by the Slim Family totaling over $97 million since mid-February and another $48 million by Control Empresarial earlier this month. The ongoing distribution by a major institutional holder, especially after the company reported a net loss of $160.5 million for fiscal year 2025, could signal a lack of conviction or a strategic reduction in exposure, potentially weighing on investor sentiment.