Control Empresarial de Capitales S.A. de C.V. 4
4 · PBF Energy Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
PBF Energy (PBF) 10% Owner Sells 680,000 Shares
What Happened
Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy (PBF), sold a total of 680,000 shares in multiple open‑market/private transactions on February 3–4, 2026, generating approximately $23.6 million in proceeds. The sales were reported on a Form 4 filed Feb 5, 2026.
Key Details
- Transaction type: Sales (code S) — open‑market or private sales as reported.
- Breakdown:
- Feb 3, 2026 — 59,341 shares at reported weighted avg $33.28 (proceeds $1,974,969). Footnote F1: actual prices in this lot ranged $33.00–$34.00.
- Feb 3, 2026 — 140,659 shares at reported weighted avg $34.10 (proceeds $4,795,909). Footnote F2: prices ranged $34.001–$34.275.
- Feb 4, 2026 — 220,400 shares at reported weighted avg $34.83 (proceeds $7,675,430). Footnote F3: prices ranged $34.50–$35.04.
- Feb 4, 2026 — 259,600 shares at reported weighted avg $35.28 (proceeds $9,157,753). Footnote F4: prices ranged $35.0501–$35.82.
- Total: 680,000 shares sold for aggregate proceeds of $23,604,061.
- Shares owned after transaction: not specified in the provided excerpt (see full Form 4 for post‑transaction beneficial ownership).
- Filing timeliness: Form 4 filed Feb 5, 2026 for transactions on Feb 3–4 — appears to be filed within the normal 2‑business‑day window.
- Other: Footnote F5 references Exhibit 99.1 for additional information; the footnotes state weighted‑average prices and offer to provide per‑trade prices on request.
Context
This filing is from a 10% holder (institutional/majority owner), not an individual executive. Sales by large holders can reflect portfolio rebalancing or other non‑operational reasons; they are less directly indicative of insider sentiment than purchases. The Form 4 is factual—no reasons for the sales are stated.
Insider Transaction Report
- Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F5]2026-02-03$33.28/sh−59,341$1,974,969→ 30,204,157 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F2][F5]2026-02-03$34.10/sh−140,659$4,795,909→ 30,063,498 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F3][F5]2026-02-04$34.83/sh−220,400$7,675,430→ 29,843,098 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F4][F5]2026-02-04$35.28/sh−259,600$9,157,753→ 29,583,498 total
Footnotes (5)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $34.00 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.001 to $34.275 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- [F3]Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.50 to $35.04 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
- [F4]Weighted average price. These shares were sold in multiple transactions at prices ranging from $35.0501 to $35.82 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
- [F5]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.