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

What Happened Control Empresarial de Capitales S.A. de C.V., a disclosed >10% owner of PBF Energy (PBF), sold a total of 285,000 PBF common shares in two transactions. On 2026-03-30 it disposed 85,000 shares at a weighted-average price of $51.14 (proceeds $4,346,756); on 2026-03-31 it disposed 200,000 shares at a weighted-average price of $50.74 (proceeds $10,147,260). Combined proceeds were $14,494,016. These were sales (not purchases).

Key Details

• Transaction dates and terms:
  • 2026-03-30: 85,000 shares sold, weighted-average $51.14; footnote F1 shows prices ranged $51.00–$51.65; proceeds $4,346,756.
  • 2026-03-31: 200,000 shares sold, weighted-average $50.74; footnote F2 shows prices ranged $50.60–$50.92; proceeds $10,147,260.
• Total: 285,000 shares sold for $14,494,016.
• Transaction code: S (sale); listed as open market or private sale.
• Shares owned after the transactions: not specified in the provided excerpt of the filing — see the full Form 4 for post-transaction holdings.
• Footnotes: F1/F2 explain weighted-average price ranges and availability of per-price breakdown on request; F3 incorporates Exhibit 99.1 by reference.
• Filing: Form 4 filed 2026-04-01; no late-filing flag indicated and this appears within the typical two-business-day reporting window.

Context

• Control Empresarial is a >10% owner (institutional/large holder), not an officer or director — sales by such holders are often liquidity or portfolio-management moves and do not necessarily signal management sentiment.
• For retail investors, purchases generally carry more informational weight than routine sales; this filing documents disposal of existing shares rather than new acquisitions or option exercises.