SVP and General Counsel Canty sells 62,999 shares at $50.00 ($3.1M); stock at 52-week high; 2 prior PBF sales both well-timed at 90d.
Canty M sold 62,999 shares, reducing holdings by -24.7%, at a price ($50.00) matching the 52-week high ($50.37). This marks her third open-market sale at PBF. Her two prior sales at this ticker (2025-11-06 and 2025-09-25) were both well-timed at the 90-day mark, with negative subsequent returns of -8.3% and -22.3% respectively, establishing a consistent pattern of exits before subsequent declines. The current sale at the 52-week high follows that established timing pattern. Separately, fundamental trends are deteriorating: the company reported annual revenue decline of -11.4% and was unprofitable over its most recent full fiscal year, creating a backdrop where an executive's sizable open-market sale at peak valuation warrants investor attention to management's forward view.