Major PBF Energy (NYSE: PBF) holder sells 200,000 shares in market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Control Empresarial de Capitales S.A. de C.V., a ten percent owner of PBF Energy Inc., reported an open-market sale of 200,000 Class A common shares on July 1, 2026. The shares were sold at a weighted average price of $46.9433 per share across multiple trades.
After this transaction, the reporting holder directly owns 16,662,128 Class A common shares. Footnotes state that the sales occurred in a price range from $46.50 to $47.41, and detailed trade-level pricing is available upon request to the issuer or the SEC staff.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 200,000 shares ($9,388,660)
Net Sell
1 txn
Insider
Control Empresarial de Capitales S.A. de C.V.
Role
null
Sold
200,000 shs ($9.39M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 200,000 | $46.9433 | $9.39M |
Holdings After Transaction:
Class A Common Shares (as defined in Exhibit 99.1 hereto) — 16,662,128 shares (Direct, null)
Footnotes (1)
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $46.50 to $47.41 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Key Figures
Shares sold: 200,000 shares
Weighted average sale price: $46.9433 per share
Post-transaction holdings: 16,662,128 shares
+2 more
5 metrics
Shares sold
200,000 shares
Open-market sale of Class A common shares on July 1, 2026
Weighted average sale price
$46.9433 per share
Average price across multiple trades for the 200,000 shares sold
Post-transaction holdings
16,662,128 shares
Class A common shares directly owned after the reported sale
Sale price range low
$46.50 per share
Lowest price in the reported sale range from footnote (1)
Sale price range high
$47.41 per share
Highest price in the reported sale range from footnote (1)
Key Terms
open-market sale, weighted average price, Form 4, ten percent owner
4 terms
open-market sale financial
"The transaction is characterized as an open-market sale of non-derivative Class A common shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Footnote (1) explains that the shares were sold at a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"The insider transaction is reported on a Form 4 filed with the SEC."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
ten percent owner regulatory
"Control Empresarial de Capitales S.A. de C.V. is identified as a ten percent owner of PBF Energy."
FAQ
What insider transaction did PBF Energy (PBF) disclose in this Form 4?
PBF Energy reported that Control Empresarial de Capitales S.A. de C.V. sold 200,000 Class A common shares in an open-market transaction. The filing shows this as a routine Form 4 disclosure by a ten percent owner, documenting a single day of selling activity.
Who is the reporting person in this PBF Energy Form 4 filing?
The reporting person is Control Empresarial de Capitales S.A. de C.V., identified as a ten percent owner of PBF Energy. The filing notes additional reporting persons in an attached Exhibit 99.1, which is incorporated by reference but not detailed in the main data excerpt.
Was the PBF Energy insider sale executed in the open market?
Yes. The transaction is coded as an open-market sale of non-derivative Class A common shares. The Form 4 characterizes it as a sale in open market or private transaction, with the weighted average price and detailed price range described in the accompanying footnote.