Empresarial De Capitales S.A. De C.V. Control, an insider at PBF Energy Inc. (PBF), sold 150,000 shares of the company's stock on September 15, 2026. The transactions occurred at an average price of $80.60 per share, representing a total value of approximately $12.09 million.
This sale adds to a series of recent transactions by the same insider. Over the past two weeks, Empresarial De Capitales S.A. De C.V. Control has divested a significant number of PBF Energy shares through multiple trades.
Insider selling activity can be attributed to various reasons, including portfolio diversification, tax planning, or adherence to pre-arranged trading plans. Such sales do not necessarily indicate a negative view of the company's future prospects.