Control Empresarial de Capitales S.A. de C.V. 4

What Happened Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy (PBF), sold a total of 375,000 PBF shares in two sales. On 2026-02-13 it sold 300,000 shares at a weighted average price reported as $34.23 (total ≈ $10,269,840; prices in the batch ranged $34.00–$34.44 per F1). On 2026-02-17 it sold 75,000 shares at a weighted average price reported as $34.11 (total ≈ $2,557,995; prices in the batch ranged $34.00–$34.60 per F2). The combined proceeds were about $12,827,835. Both transactions are reported as sales (S), via open market or private sale.

Key Details

• Transaction dates and reported weighted prices:
  • 2026-02-13: 300,000 shares @ weighted avg $34.23 (range $34.00–$34.44) — ≈ $10,269,840. (F1)
  • 2026-02-17: 75,000 shares @ weighted avg $34.11 (range $34.00–$34.60) — ≈ $2,557,995. (F2)
• Total sold: 375,000 shares for roughly $12.83 million.
• Shares owned after the transactions: not specified in the provided summary — see the filed Form 4 for post-transaction ownership details.
• Footnotes: F1 and F2 disclose price ranges for multiple executions; F3 references an attached Exhibit 99.1 incorporated by reference.
• Filing timeliness: The Form 4 was filed on 2026-02-18 with a Period of Report beginning 2026-02-13. The 2/13 sale was reported five days later, which appears later than the standard Section 16 reporting window (typically two business days) for insiders — review the Form 4 for any explanatory notes.

Context This filing reflects sales by a 10% institutional owner (Control Empresarial), not an executive’s personal trading. Sales by large shareholders can be for many reasons and do not, by themselves, indicate a change in company fundamentals. For full details (including exact per-trade prices and any additional exhibits), consult the Form 4 and attached Exhibit 99.1.