Control Empresarial de Capitales S.A. de C.V. 4
Research Summary
AI-generated summary
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.