Control Empresarial de Capitales S.A. de C.V. 4
Research Summary
AI-generated summary
PBF Energy (PBF) 10% Owner Sells 100,000 Shares
What Happened
- Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy Inc. (PBF), sold 100,000 shares on June 5, 2026. The transactions were reported as open-market or private sales with a weighted average price of $43.17 per share, for a total proceeds of approximately $4,316,950. Sales prices in the trades ranged from $43.15 to $43.25.
Key Details
- Transaction date: 2026-06-05; filing date: 2026-06-09 (filed after the transaction date).
- Price(s): weighted average $43.17; reported range $43.15–$43.25 (footnote F1 states breakdown available on request).
- Shares sold: 100,000; total value ≈ $4,316,950.
- Shares owned after transaction: not specified in this Form 4.
- Footnotes: F1 notes the weighted-average price and availability of per-trade prices within the stated range; F2 incorporates Exhibit 99.1 by reference.
- Timeliness: The Form 4 was filed four days after the trade date, which appears later than the standard two-business-day reporting window.
Context
- This filing is from a 10% owner (institutional/major shareholder), not an executive officer — such sales often reflect portfolio or institutional liquidity decisions rather than management view of the company. The report shows outright sales (code S), not gifts or option exercises. The filer offers to provide a breakdown of the exact prices for each trade if requested (see F1).