$PBF

Lucey Matthew C. sold $16.2M of PBF

Lucey Matthew C. (CEO & President) sold 225,473 shares of PBF Energy Inc. (PBF) at an average of $71.92 ($71.62–$72.25, $16.21M total) across 2 trades on 2026-08-03.

Original reporting
SEC EDGAR · Lucey Matthew C.
Published Aug 4, 2026, 9:00 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 4, 2026, 9:16 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$PBF
Neutral
medium confidence
Mentioned
$PBF
Relevance
7/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PBFNeutralLow
01

Why it matters

Traders may monitor for follow-on insider activity or correlate with other upcoming company disclosures, but the text provides no new operational or financial guidance.

02

Market read

A sizable CEO open-market sale is newly disclosed, which can slightly pressure sentiment but lacks fundamental information to drive a durable move.

03

What to watch

No 10b5-1 plan is cited, but the filing does not provide intent, liquidity needs, or whether other grants/sales occurred around the same period.

Relevance 7/10Novelty 5/10Timing: new Form 4 filed Aug. 4, covering Aug. 3 sales

Background

The article is a SEC Form 4 insider transaction disclosure for PBF Energy, reporting CEO and President Matthew C. Lucey’s open-market sale of shares.

Company-level read

Ticker impact

$PBFNeutralMedium confidence
Context

PBF CEO and President Matthew C. Lucey sold about 225,473 shares in open-market transactions totaling $16.2M, per a new Form 4 filed Aug. 4.

Expected impact

Likely limited near-term impact; any effect is sentiment-driven and may fade unless accompanied by other company-specific news.

Evidence & confidence

The filing is a primary-source insider transaction disclosure with no stated 10b5-1 plan and a sizable dollar amount, but insider sales alone rarely drive sustained repricing without corroborating fundamentals.

Market effects

No direct sector catalyst; insider-sale disclosures typically do not change refining/energy fundamentals on their own.

None indicated.

None indicated.

Counterpoint

The sale may be routine diversification or tax-related, especially since the transactions were open-market and occurred over two trades at similar prices.

Key entities

  • PBF Energy Inc.

    Subject of the Form 4 insider transaction disclosure.

  • Matthew C. Lucey

    CEO and President who sold shares totaling about $16.2M.

Related articles

$PBFMedAI 8/10

PBF Energy (PBF) Q2 2026 Earnings Call Transcript

PBF Energy reported Q2 2026 adjusted net income of $6.22 per share and adjusted EBITDA of $1.24 billion, citing strong refining margins. The company cut net debt by $1.4 billion, expects cash near $1.5 billion by July 31, and set 2026 CapEx guidance at $850 million. It also discussed Martinez insurance recoveries, SBR results, and turnaround deferrals to 2027.

$VLOMed

U.S. refiners see billions in profits from global fuel crunch

U.S. refiners reported record or near-record profits amid a global fuel crunch. Valero Energy said its Q2 earnings per share were the highest on record, with net income rising to $3.7B from $714M. PBF Energy net income rose to about $1B+ from a loss, and HF Sinclair to $892M. Investors await results from Phillips 66 and Marathon Petroleum.

$PBFMed

PBF Energy Q2 Earnings Call Highlights

PBF Energy’s Q2 earnings call covered refining margins, turnaround plans, and balance-sheet progress. Management said cash from operations was $1.6B, net debt fell to about $855M, and 2026 capex guidance was cut to $850M midpoint. PBF reported a $250M insurance gain tied to the Martinez fire and outlined hydrocracker and hydrogen-plant repurchase plans.

$PBFMed

PBF Energy Inc. Q2 2026 Earnings Call Summary

PBF Energy said Q2 2026 results reflect a global oil market dislocation and lower refining utilization, supporting elevated U.S. refining margins. The company expects slow product inventory rebuilding into 2027, $1.5B cash by July, and 2026 capex guidance cut $75M to a midpoint of $850M. It cited RBI savings, Torrance hydrogen plant repurchase, and $250M Martinez insurance recovery.