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 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.