Slim Family Continues Significant Share Sales in PBF Energy, Reducing Stake to 21.2%
PBF has more than doubled off its 52-week low of $13.615.
Summary
The Slim Family, through Control Empresarial, reported additional sales of 1.72 million shares of PBF Energy common stock for over $74 million, continuing a pattern of reducing their stake.
Key Events · Ownership and Investor Activity · PBF
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Major Shareholder Reduces Stake
The Slim Family, through Control Empresarial, sold an additional 1,723,000 shares of PBF Energy Class A Common Stock.
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Significant Transaction Value
These sales, occurring between March 5 and March 13, 2026, generated proceeds of approximately $74.1 million.
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Remaining Ownership
Following these transactions, the Slim Family and Control Empresarial beneficially own 24,746,098 shares, representing 21.2% of the outstanding Class A Common Shares.
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Continuation of Recent Selling Trend
This filing follows previous disclosures of substantial sales by the Slim Family in early March, indicating a sustained reduction in their investment.
Analysis · PBF · Energy & Transportation
This Schedule 13D/A details further significant share sales by the Slim Family, a major 10% owner, through Control Empresarial de Capitales. The sale of 1.72 million shares for over $74 million since the last amendment on March 4th represents a continued reduction in their holdings. While 10% owner sales are often for portfolio rebalancing, the consistent and substantial selling activity from this major shareholder, following previous sales of $97.4 million and $48 million in early March, could signal a lack of conviction or a strategic shift in their investment in PBF Energy. This ongoing selling pressure from a large holder may weigh on the stock.
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 $44.78 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $5.1B. The 52-week trading range was $13.62 to $47.18. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.