Major Shareholder Slim Family Sells $97.4M in PBF Energy Stock
PBF has more than doubled off its 52-week low of $13.615 on elevated volume (2.2× avg).
Summary
The Slim Family, a major 10% owner, has sold approximately $97.4 million worth of PBF Energy stock since mid-February, reducing their beneficial ownership to 22.6%.
Key Events · Ownership and Investor Activity · PBF
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Significant Shareholder Reduces Stake
Control Empresarial de Capitales, representing the Slim Family, sold approximately 2.47 million Class A Common Shares.
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Substantial Proceeds from Sales
The sales generated approximately $97.4 million in proceeds, occurring between February 11 and March 4, 2026.
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Ownership Reduced to 22.6%
Following these transactions, the Slim Family's beneficial ownership in PBF Energy Inc. stands at 22.6% of the outstanding Class A Common Shares.
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Sales Occur Near 52-Week High
These sales took place while PBF Energy's stock was trading near its 52-week high, potentially indicating profit-taking.
Analysis · PBF · Energy & Transportation
The Slim Family, through Control Empresarial de Capitales, has significantly reduced its stake in PBF Energy Inc. by selling approximately 2.47 million shares for a total of $97.4 million since February 11, 2026. This systematic selling represents a substantial portion of the company's equity and comes as the stock trades near its 52-week high. While the Slim Family remains a significant 22.6% owner, this divestment by a major institutional investor could signal a shift in their long-term outlook or a move to lock in gains. This activity also occurs amidst other recent insider selling by company directors and officers.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1645 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 $44.47 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $5.2B. The 52-week trading range was $13.62 to $45.13. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.