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 251,000 common shares in open‑market transactions on June 2 and June 3, 2026. The filings report 31,000 shares sold on June 2 at a weighted‑average price of $43.56 (proceeds $1,350,493) and 220,000 shares sold on June 3 at a weighted‑average price of $43.58 (proceeds $9,587,050), for aggregate proceeds of about $10.94 million. These were outright sales (S), not purchases.

Key Details

• Transaction dates and amounts:
  • 2026-06-02: 31,000 shares sold; weighted‑avg price reported $43.56 (range per footnote F1: $43.50–$43.84).
  • 2026-06-03: 220,000 shares sold; weighted‑avg price reported $43.58 (range per footnote F2: $43.50–$43.71).
• Total shares sold: 251,000; total reported proceeds ≈ $10,937,543.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes: F1 and F2 note weighted‑average prices and provide price ranges for multiple trades; F3 incorporates Exhibit 99.1 by reference.
• Filing timeliness: Form 4 was filed on 2026-06-04 covering transactions on 2026-06-02 and 06-03; the filing appears timely (Form 4 is generally due within two business days of the transaction).

Context

• This filing reflects activity by a 10% institutional owner, not an individual executive; such institutional sales can be routine rebalancing and do not by themselves indicate company outlook.
• The disclosure shows open‑market sales with multiple trade prices (weighted averages provided); no options were exercised and no awards or gifts were involved.