PBF Energy Inc.·4

Mar 30, 5:57 PM ET

Control Empresarial de Capitales S.A. de C.V. 4

Research Summary

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PBF Energy (PBF) 10% Owner Control Empresarial Sells Shares

What Happened Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy Inc. (PBF), sold a total of 1,237,000 PBF shares in open-market/private sale transactions on March 26–27, 2026. The reported disposals were: 400,001 shares at $49.61 ($19,845,250), 236,999 shares at $50.56 ($11,981,840), 500,000 shares at $50.38 ($25,190,800) and 100,000 shares at $51.23 ($5,122,980), totaling roughly $62.14 million. These were sales (S) — routine disposition rather than a purchase signal.

Key Details

  • Transaction dates: March 26, 2026 (two lots: 400,001 and 236,999) and March 27, 2026 (two lots: 500,000 and 100,000).
  • Reported per-lot amounts and totals:
    • 400,001 @ $49.61 = $19,845,250 (Footnote F1: weighted-average; prices in that lot ranged $49.15–$49.945)
    • 236,999 @ $50.56 = $11,981,840 (F2: range $50.25–$51.08)
    • 500,000 @ $50.38 = $25,190,800 (F3: range $49.9801–$50.80)
    • 100,000 @ $51.23 = $5,122,980 (F4: range $51.10–$51.65)
  • Aggregate: 1,237,000 shares sold for ~$62.14M.
  • Shares owned after the transactions: not specified in the details provided here (check the full Form 4 for "Amount Beneficially Owned Following Reported Transaction").
  • Notable footnotes: weighted-average prices and per-trade price ranges (F1–F4); Exhibit 99.1 referenced (F5). The reporting persons offered to provide detailed per-share sale prices on request.
  • Filing timeliness: Form filed March 30, 2026; transactions occurred March 26–27, 2026 — filing appears timely (within required business-day window).

Context

  • This filer is a 10% owner (institutional/major shareholder), not necessarily an executive — such sales can be for portfolio or liquidity reasons and aren’t direct indicators of management sentiment.
  • These were open-market/private sale transactions (code S) — sales are common and often routine; retail investors should view them as factual disclosures rather than definitive market signals.
  • For full specifics (exact per-trade timestamps, updated holdings, and Exhibit 99.1), consult the complete Form 4 filing (Accession 0001140361-26-012032).

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