Control Empresarial de Capitales S.A. de C.V. 4
4 · PBF Energy Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
PBF Energy (PBF) 10% Owner Sells 1.108M Shares
What Happened
Control Empresarial de Capitales S.A. de C.V., listed as a 10% owner of PBF Energy (PBF), sold a total of 1,108,100 PBF shares in open‑market transactions on March 4–5, 2026. The sales were reported on a Form 4 filed March 6, 2026, and generated aggregate proceeds of about $48.04 million. Individual reported transactions:
- 341,697 shares @ $41.64 = $14,228,468 (3/4/2026)
- 280,964 shares @ $42.32 = $11,890,762 (3/4/2026)
- 117,339 shares @ $43.08 = $5,054,495 (3/4/2026)
- 163,100 shares @ $44.86 = $7,317,449 (3/4/2026)
- 205,000 shares @ $46.57 = $9,546,215 (3/5/2026)
These are sales (S) — routine dispositions rather than purchases.
Key Details
- Transaction dates: March 4 and March 5, 2026; Form 4 filed March 6, 2026 (appears timely).
- Per‑trade prices: reported as weighted averages; footnotes indicate the trades occurred across price ranges (see next bullet).
- Footnotes: F1–F5 specify the weighted‑average price ranges for multiple executions (approx. $41.00–$46.72 across the batches). F6 refers to an attached Exhibit 99.1 incorporated by reference.
- Shares owned after transaction: not stated in the provided summary of the filing.
- Transaction code: S = Sale.
Context
- This filing reports activity by a 10% owner (institutional/control holder), not necessarily an executive officer — such institutional sales can reflect liquidity or portfolio decisions rather than management view.
- Sales are generally less informative about company prospects than purchases; the filing provides price ranges and an exhibit for more detail if requested.
Insider Transaction Report
Form 4
Control Empresarial de Capitales S.A. de C.V.
10% OwnerOther
Transactions
- Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F6]2026-03-04$41.64/sh−341,697$14,228,468→ 27,030,501 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F2][F6]2026-03-04$42.32/sh−280,964$11,890,762→ 26,749,537 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F3][F6]2026-03-04$43.08/sh−117,339$5,054,495→ 26,632,198 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F4][F6]2026-03-04$44.86/sh−163,100$7,317,449→ 26,469,098 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F5][F6]2026-03-05$46.57/sh−205,000$9,546,215→ 26,264,098 total
Footnotes (6)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $42.00 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 $42.001 to $43.00 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 (2) to this Form 4.
- [F3]Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.005 to $43.20 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 $44.80 to $45.10 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]Weighted average price. These shares were sold in multiple transactions at prices ranging from $46.39 to $46.72 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 (5) to this Form 4.
- [F6]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Signature
/s/ MARCO ANTONIO SLIM DOMIT, ATTORNEY-IN-FACT|2026-03-06