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 (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.