Control Empresarial de Capitales S.A. de C.V. 4
4 · PBF Energy Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
PBF Energy 10% Owner Sells 1.16M Shares for $57.2M
What Happened
- Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy Inc. (PBF), sold a total of 1,157,200 shares across transactions on March 24–25, 2026. The tranches reported were:
- 174,000 shares @ $48.53 = $8,443,802 (3/24)
- 264,778 shares @ $49.56 = $13,121,127 (3/24)
- 248,722 shares @ $50.09 = $12,457,764 (3/24)
- 362,300 shares @ $49.34 = $17,876,607 (3/25)
- 107,400 shares @ $49.76 = $5,344,374 (3/25)
- Aggregate proceeds ≈ $57,243,674. These were sales (S) — not purchases or option exercises — and thus represent disposition of existing holdings rather than an accumulation.
Key Details
- Transaction dates: March 24–25, 2026; Form 4 filed March 26, 2026 (appears timely).
- Reported prices: weighted averages per tranche as listed above; footnotes detail price ranges for the multiple executions within each weighted average.
- F1: $48.05–$48.99; F2: $49.0101–$50.01; F3: $50.0101–$50.25; F4: $48.695–$49.64; F5: $49.70–$50.005.
- Shares owned after the transactions: not disclosed in the provided excerpt of the filing.
- Additional filing item: Exhibit 99.1 is referenced (F6) and is incorporated by reference; footnotes state the reporting person can provide breakdowns of individual execution prices on request.
Context
- This filing reports activity by a 10% owner (institutional/large shareholder), not by an executive officer — such sales can be routine rebalancing or liquidity actions and do not by themselves indicate management sentiment.
- No purchases, gifts, option exercises, or tax‑withholding events are reported in this filing. The footnotes provide price ranges and offer to supply per‑trade price details to the issuer, shareholders, or SEC staff on request.
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]2026-03-24$48.53/sh−174,000$8,443,802→ 21,958,898 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F2][F6]2026-03-24$49.56/sh−264,778$13,121,127→ 21,694,120 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F3][F6]2026-03-24$50.09/sh−248,722$12,457,764→ 21,445,398 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F4][F6]2026-03-25$49.34/sh−362,300$17,876,607→ 21,083,098 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F5][F6]2026-03-25$49.76/sh−107,400$5,344,374→ 20,975,698 total
Footnotes (6)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $48.05 to $48.99 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 $49.0101 to $50.01 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 $50.0101 to $50.25 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 $48.695 to $49.64 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 $49.70 to $50.005 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|2026-03-26