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 Inc. (PBF), sold 250,000 shares on February 24, 2026. The weighted-average sale price was $34.91, for aggregate proceeds of approximately $8,727,475. The filing indicates the shares were sold in multiple transactions at prices ranging from $34.60 to $35.08.

Key Details

• Transaction date: 2026-02-24 (reported on Form 4 filed 2026-02-26).
• Price: Weighted avg $34.91; individual sales ranged $34.60–$35.08 (see footnote F1 for per-price breakdown on request).
• Shares sold: 250,000; Proceeds: ~$8,727,475.
• Shares owned after transaction: Not specified in the excerpt provided.
• Footnotes: F1 discloses the price range and offers to provide per-trade pricing; F2 incorporates Exhibit 99.1 by reference (see filing for additional detail).
• Timeliness: Filed within the Form 4 reporting window (filed two days after the trade), so not indicated as late.

Context

• This transaction was a sale by a 10% institutional owner rather than a company executive. Sales by large shareholders can reflect portfolio rebalancing or other non-operational reasons and, by themselves, do not necessarily signal changes in company fundamentals. For more granular trade-level pricing or the referenced exhibit, consult the full Form 4 filing and Exhibit 99.1.