SVP Fedena sold 96,026 shares (40.9% reduction) at $50.01 average; stock down 10% from 52-week high of $51.23
James E. Fedena, Senior Vice President at PBF Energy, executed 7 separate sales totaling 96,026 shares for $4,801,965.45 between March 30–31, 2026, reducing his holdings from 235,042 to 139,016 shares at a blended average price of $50.01. The timing is notable: the sales occurred near the 52-week high of $51.23, with the current price at $46.09 representing a 10.0% decline from that peak. Across his entire open-market history, Fedena has achieved a 90-day well-timed rate of 100.00%, and his 5 prior sales at PBF specifically were all well-timed at the 90-day mark (each posted negative 90-day returns of -16.3% to -17.8%). The company's fundamentals show headwinds: annual revenue growth of -11.4%, and it was unprofitable over the most recent full fiscal year, despite current quarterly revenue of $7.7B and net income of $170.1M. The substantial scale of this sale ($4.8M), the 40.9% reduction in holdings, and the sustained pattern of well-timed sales at this ticker merit investor scrutiny of both the insider's confidence in current valuations and the underlying operational trajectory.