On March 13, 2026, two insiders at PBF Energy Inc. (PBF) executed sales totaling approximately $27.99 million. Empresarial De Capitales S.A. De C.V. Control sold 380,000 shares at an average price of $43.30 per share, amounting to $16.45 million. Additionally, the same entity sold 265,000 shares at an average price of $43.55 per share, totaling $11.54 million.
These transactions occurred amidst a series of sales by the same insider over the preceding week, which aggregated to over $35 million. While insider selling can stem from various personal financial decisions, including diversification or tax planning, a pattern of multiple sales by an insider can sometimes attract market attention.