{
  "id": 1584798,
  "title": "PBF Energy director Thomas Nimbley sells $12.3m in stock",
  "url": "https://urgent.news/2026/08/17/pbf-energy-director-thomas-nimbley-sells-12-3m-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T23:01:02.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/pbf-energy-director-thomas-nimbley-sells-123m-in-stock-93CH-4864094"
  },
  "original_language": "en",
  "account": null,
  "summary": "PBF Energy Inc. (NYSE:PBF) director Thomas J. Nimbley sold approximately $12.3 million worth of Class A Common Stock on August 14, 2026, following the exercise of employee stock options. Nimbley disposed of 169,925 shares at a price of $72.647 per share, totaling $12,344,541. This sale occurred as PBF shares approached a 52-week high of $75.68, having delivered a remarkable 231% return over the past year. Prior to this, Nimbley acquired the same number of shares through options, originally granted in November 2021, at a price of $13.91 per share, resulting in a total cost of $2,363,656. Following the sale, Nimbley now holds 793,737 shares of PBF Energy Class A Common Stock. The company's stock is currently valued at a P/E ratio of 6.48 and is deemed undervalued according to InvestingPro analysis. PBF Energy reported impressive second-quarter fiscal 2026 results, surpassing earnings estimates with adjusted earnings of $6.22 per share and revenue of $11.68 billion. Analysts have mixed views on the company's future, with UBS maintaining a Buy rating and Freedom Broker downgrading to Sell.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "PBF Energy director Control Empresarial sells $15.6m in shares",
        "url": "https://urgent.news/2026/08/17/pbf-energy-director-control-empresarial-sells-15-6m-in-shares",
        "published": "2026-08-17T22:50:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}