Control Empresarial de Capitales S.A. de C.V. 4
4 · PBF Energy Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
PBF Energy (PBF) 10% Owner Sells 13,000 Shares
What Happened
Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy (PBF), sold 13,000 shares in an open-market/private sale on March 6, 2026. The weighted average price was $44.89, producing proceeds of approximately $583,547. This was a sale (not a purchase); sales are often routine and generally less informative about bullish conviction than purchases.
Key Details
- Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-10). Filing appears timely (filed by the second business day after the trade).
- Shares sold: 13,000; weighted average price: $44.89; total proceeds: ~$583,547.
- Price range: shares were sold in multiple transactions at prices between $44.80 and $45.00 (footnote F1). The filer offers to provide per-trade price details on request.
- Shares owned after transaction: not specified in the provided excerpt.
- Exhibit: See Exhibit 99.1 referenced in the filing (footnote F2) for any additional disclosure.
Context
This filing reports activity by a 10% institutional owner rather than an individual executive. Institutional sales can reflect portfolio rebalancing or other non-management decisions and do not necessarily indicate management sentiment about the company's prospects.
Insider Transaction Report
- Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F2]2026-03-06$44.89/sh−13,000$583,547→ 26,251,098 total
Footnotes (2)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $44.80 to $45.00 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]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.