Two insiders at PBF Energy Inc. (PBF) executed significant sales of company stock on March 20, 2026, totaling approximately $50.84 million. Empresarial De Capitales S.A. De C.V. Control sold 612,000 shares at an average price of $45.86 per share, amounting to $28.07 million, and an additional 488,000 shares at an average price of $46.66 per share, totaling $22.77 million.
These transactions come amid a series of recent sales by the same insider entity. While insider selling can be attributed to various factors such as portfolio diversification, tax obligations, or the need for personal liquidity, the aggregated volume of these recent sales may draw investor attention.
PBF Energy Inc. is an independent petroleum refiner and supplier of transportation fuels, lubricants, petrochemicals, and other refined products. The company operates refineries located in Delaware, Maryland, New Jersey, Ohio, and Pennsylvania.