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 a total of 645,000 common shares in open-market transactions. On 2026-03-12 it sold 265,000 shares at a reported weighted-average price of $43.55 for proceeds of $11,540,936, and on 2026-03-13 it sold 380,000 shares at a reported weighted-average price of $43.30 for proceeds of $16,452,898. Total proceeds were approximately $27,993,834. These were outright sales (S), not purchases.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-03-12: 265,000 shares @ $43.55 (proceeds $11,540,936)
  • 2026-03-13: 380,000 shares @ $43.30 (proceeds $16,452,898)
• Total shares sold: 645,000; total proceeds: ~$28.0M.
• Shares owned after the transactions: not specified in the provided filing extract.
• Notable footnotes: the filing notes weighted-average prices across multiple executions with price ranges (one sale reported within $43.30–$43.785; another within $42.9901–$43.535) and offers to provide per-trade pricing on request (Footnotes F1, F2). Exhibit 99.1 is incorporated by reference (F3).
• Filing timeliness: Form 4 was filed on 2026-03-13 covering trades on 2026-03-12 and 2026-03-13 (appears timely under Form 4 rules).

Context

• Control Empresarial is a large (10%) shareholder — an institutional holder rather than an executive officer — so these sales are institutional liquidity/positioning transactions and should not be read as direct management sentiment. Footnotes indicate multiple executions at slightly different prices; the filer can provide a detailed per-trade breakdown on request.