Davis Paul T sold $4.5M of PBF
Davis Paul T (Senior Vice President) sold 63,295 shares of PBF Energy Inc. (PBF) at $70.40 ($4.46M total) on 2026-08-12.
How this was made
The 30-second read
Why it matters
This is a primary disclosure of insider selling size and price, but it does not include any new operational, financial, or regulatory developments for PBF.
Market read
Traders may briefly reassess sentiment around PBF based on the insider sale, but there is no fundamental catalyst in the text.
What to watch
Insider sales often do not correlate with near-term performance; without context (compensation, taxes, diversification), the signal is weak.
Background
The article is a SEC Form 4 insider transaction disclosure for PBF Energy, filed Aug 13, covering a sale by an SVP.
Ticker impact
PBF Energy SVP Davis Paul T sold 63,295 shares in an open-market transaction worth about $4.46M, per a fresh Form 4 filing.
Likely limited near-term impact; any effect is more sentiment-driven than fundamental.
The filing is primary-source and time-stamped, but it is an open-market sale with no stated reason and no accompanying operational or financial disclosure.
Market effects
No sector read-through is provided beyond a single insider sale at an integrated refiner.
None indicated.
None indicated.
Counterpoint
The sale may be routine liquidity or tax-related, especially since the filing states no pre-arranged 10b5-1 plan.
Key entities
- issuerPBF Energy Inc.
Subject of the Form 4 insider sale disclosure.
- insiderDavis Paul T
Senior Vice President who sold 63,295 shares in an open-market transaction.
