PBF Energy Insider Sells $2.6M in Stock

Control Empresarial De Capital reduces stake in the oil refiner

Mar. 21, 2026 at 12:04pm

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PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 52,000 shares of the company's stock in a transaction on March 19th, 2026. The shares were sold at an average price of $50.18, for a total value of $2,609,360. Following the sale, the insider still owns 22,944,898 shares in the company, valued at approximately $1.15 billion.

Why it matters

Insider trading activity can provide insights into a company's performance and the views of its leadership. The sale by Control Empresarial De Capital, a major PBF Energy shareholder, represents a 0.23% decrease in their position and may signal a shift in the company's outlook.

The details

Control Empresarial De Capital has made several other large sales of PBF Energy stock in recent weeks, totaling over $160 million. The transactions occurred between March 10th and March 19th, 2026 at prices ranging from $40.08 to $50.18 per share.

  • On March 19th, 2026, Control Empresarial De Capital sold 52,000 shares.
  • On March 18th, 2026, Control Empresarial De Capital sold 1,100,000 shares.
  • On March 17th, 2026, Control Empresarial De Capital sold 600,000 shares.
  • On March 16th, 2026, Control Empresarial De Capital sold 49,200 shares.
  • On March 13th, 2026, Control Empresarial De Capital sold 380,000 shares.

The players

Control Empresarial De Capital

A major shareholder of PBF Energy Inc. that has been reducing its stake in the oil refiner.

PBF Energy Inc.

An independent petroleum refiner headquartered in Parsippany, New Jersey that owns and operates five refineries in the U.S.

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The takeaway

The insider selling activity by Control Empresarial De Capital suggests they may have a less optimistic view of PBF Energy's near-term prospects, though the company's fundamentals and long-term outlook remain uncertain. Investors will likely monitor any further changes in major shareholder positions.