Insider Trading April 1, 2026

Control Empresarial trims stake in PBF Energy, sells $14.5M in two trades

285,000 Class A shares moved March 30-31 as PBF posts Q4 2025 EPS beat amid a slight revenue shortfall

By Hana Yamamoto PBF
Control Empresarial trims stake in PBF Energy, sells $14.5M in two trades
PBF

Control Empresarial de Capitales S.A. de C.V., a roughly 10% owner of PBF Energy Inc (NASDAQ: PBF), disposed of 285,000 Class A common shares across two transactions on March 30 and March 31, 2026, generating about $14.5 million in proceeds. The share sales occurred while PBF stock has risen sharply over the past year and after the company reported a fourth-quarter 2025 adjusted EPS beat alongside a modest revenue miss.

Key Points

  • Control Empresarial sold 285,000 Class A shares of PBF across two transactions, raising ~ $14.5 million.
  • PBF posted a fourth-quarter 2025 adjusted EPS beat ($0.66 vs -$0.20) but slightly missed revenue forecasts ($7.14B vs $7.17B).
  • PBF stock has climbed 157% over the past year, trading at $46.09 with a $5.4B market cap; InvestingPro flags it as slightly overvalued.

Control Empresarial de Capitales S.A. de C.V., identified as a roughly ten percent holder of PBF Energy Inc (NASDAQ: PBF), reported two block sales of Class A common stock that together totaled 285,000 shares and roughly $14.5 million in proceeds.

The first transaction, executed on March 30, 2026, involved the sale of 85,000 shares at a weighted average price of $51.1383, with trade prices within a $51.00 to $51.65 range. The second transaction, completed on March 31, 2026, consisted of 200,000 shares sold at a weighted average price of $50.7363, with price points spanning $50.60 to $50.92.

Following these dispositions, the reporting entity now directly holds 19,453,698 shares of PBF Energy Inc. The filing was signed by Marco Antonio Slim Domit, Attorney-in-Fact, and dated April 1, 2026.


Market context supplied in the filing notes that PBF shares have surged 157% over the past 12 months. At the time of the report, the stock was trading at $46.09 and the company carried a market capitalization of $5.4 billion. An InvestingPro analysis cited in the disclosure characterizes the stock as appearing slightly overvalued relative to its Fair Value, and the note indicates that additional InvestingPro research and tips are available through that platform.

The insider sales come amid fresh quarterly results from PBF Energy. For the fourth quarter of 2025, the company reported an adjusted earnings per share (EPS) of $0.66, a result that materially exceeded the consensus forecast of -$0.20. Revenue for the quarter was $7.14 billion, which fell just short of the $7.17 billion estimate.

The reported earnings beat and the slight revenue shortfall are presented together in the filing and related materials, underscoring a mixed set of near-term operating signals: stronger-than-expected adjusted profitability in the quarter alongside revenue that missed analyst projections by a narrow margin.

This disclosure of insider selling, contemporaneous company results and a valuation note from InvestingPro was formalized in the filing signed by the attorney-in-fact on April 1, 2026.


Key points

  • Control Empresarial sold 285,000 shares of PBF Class A common stock on March 30-31, 2026, raising about $14.5 million.
  • PBF Energy reported Q4 2025 adjusted EPS of $0.66 versus a forecast of -$0.20, while revenue of $7.14 billion slightly missed the $7.17 billion estimate.
  • The stock has rallied 157% over the past year and was trading at $46.09 with a market cap of $5.4 billion; InvestingPro flags the share price as slightly overvalued relative to Fair Value.

Risks and uncertainties

  • Valuation risk - InvestingPro analysis cited in the filing indicates the stock appears slightly overvalued relative to its Fair Value, which may affect investor expectations.
  • Revenue execution - PBF's reported revenue for Q4 2025 missed consensus estimates by a small margin, representing an operational metric that fell short of projections.
  • Insider activity - The substantial sale by a roughly 10% shareholder may introduce short-term market attention around share supply and insider positioning.

Risks

  • InvestingPro notes the stock appears slightly overvalued relative to Fair Value (valuation risk).
  • PBF's Q4 2025 revenue missed analyst expectations, indicating a potential execution risk in topline performance.
  • A significant sale by a roughly 10% shareholder may draw market scrutiny of insider positioning and share supply.

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