Control Empresarial de Capitales S.A. de C.V. 4
4 · PBF Energy Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
PBF Energy 10% Owner Sells 90,000 Shares
What Happened
Control Empresarial de Capitales S.A. de C.V., reported as a >10% owner of PBF Energy (PBF), sold a total of 90,000 PBF shares across two days. On 2026-02-18 it disposed of 18,000 shares at a weighted average price of $34.50 (total ~$621,081) and on 2026-02-19 it disposed of 72,000 shares at a weighted average price of $34.13 (total ~$2,457,439), for combined proceeds of approximately $3,078,520. These were sales (S) reported on a Form 4.
Key Details
- Transaction dates: 2026-02-18 (18,000 shares @ $34.50) and 2026-02-19 (72,000 shares @ $34.13). Total ≈ $3,078,520.
- Transaction type: Sales (open market or private sale as reported).
- Price details/footnotes: Feb 18 sales reported with weighted-average price range $34.40–$34.60 (F1); Feb 19 sales reported with weighted-average price range $34.00–$34.235 (F2). Reporting person offers to provide exact per-trade prices on request. Exhibit 99.1 is incorporated by reference (F3).
- Shares owned after transaction: Not specified in the provided excerpt of the filing (check full Form 4 for post-transaction holdings).
- Filing timeliness: Form 4 filed 2026-02-20 for transactions on 2026-02-18 and 02-19 — appears timely under standard Form 4 reporting rules.
Context
This filing reflects sales by a 10% institutional owner rather than an executive officer; such sales can be routine and do not by themselves indicate management sentiment. The filing shows multiple trades aggregated into weighted averages; the filer has committed to disclose per-trade prices on request. If you want, I can pull the full Form 4 text or Exhibit 99.1 to confirm post-sale ownership and exact per-trade prices.
Insider Transaction Report
- Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F3]2026-02-18$34.50/sh−18,000$621,081→ 28,047,198 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F2][F3]2026-02-19$34.13/sh−72,000$2,457,439→ 27,975,198 total
Footnotes (3)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $34.40 to $34.60 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 $34.00 to $34.235 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]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.