Insider Selling: PBF Energy Insider Trims Stake by Over $76M

Control Empresarial De Capital sells 1.5 million PBF shares, reducing ownership by 1.02%

Apr. 3, 2026 at 8:03am

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An extreme close-up of heavy, textured industrial banking equipment and mechanisms, conveying a sense of financial security and institutional power without using any text or identifiable elements.Significant insider selling by a major PBF Energy shareholder raises concerns about the company's future prospects.Parsippany Today

PBF Energy Inc. (NYSE:PBF) insider Control Empresarial De Capital sold 1.5 million shares of the company's stock across multiple transactions from March 17-31, totaling around $76.6 million. The sales reduced Control Empresarial De Capital's stake in PBF by approximately 1.02% to 19.45 million shares, worth roughly $987 million.

Why it matters

Significant insider selling, especially by a major shareholder like Control Empresarial De Capital, can be seen as a negative signal by investors about the company's future prospects. This level of stock disposition by an influential insider may raise concerns about PBF Energy's outlook.

The details

Control Empresarial De Capital sold the PBF shares at average prices ranging from $44.43 to $51.14 per share. The transactions included sales of 637,000 shares on March 26, 600,000 shares on March 27, 200,000 shares on March 31, and 85,000 shares on March 30.

  • On March 17, Control Empresarial De Capital sold 600,000 PBF shares.
  • On March 18, the insider sold 1,100,000 shares.
  • On March 19, the insider sold 52,000 shares.
  • On March 20, the insider sold 340,000 shares.
  • On March 23, the insider sold 472,000 shares.

The players

Control Empresarial De Capital

A major shareholder of PBF Energy that has significantly reduced its stake in the company through recent stock sales.

PBF Energy Inc.

An independent petroleum refiner headquartered in Parsippany, New Jersey, with a combined crude oil processing capacity of approximately 900,000 barrels per day.

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