Empresarial De Capitales S.A. De C.V. Control has divested a significant portion of its holdings in PBF Energy Inc. (PBF). On April 1, 2026, the entity sold 200,000 shares of the energy company for approximately $10.15 million, with each share transacted at $50.74.
This transaction is part of a broader trend of insider selling activity at PBF Energy. Over the past few days, other executives, including Thomas J. Nimbley and James E. Fedena, have also reported sales of PBF Energy shares.
Insider sales can be motivated by a variety of factors, such as portfolio diversification or tax planning, and do not necessarily indicate a negative view of the company's future performance.