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 405,570 common shares in open-market/private sales. The filing reports 205,570 shares on 2026-06-25 at a weighted average of $42.01 (total $8,636,427) and 200,000 shares on 2026-06-26 at a weighted average of $42.79 (total $8,557,020), for combined proceeds of about $17,193,447. These were sales (S), which are typically routine dispositions by a large shareholder rather than purchases.

Key Details

• Transaction dates and prices:
  • 2026-06-25: 205,570 shares at weighted avg $42.01 (range per footnote: $42.00–$42.30) — $8,636,427.
  • 2026-06-26: 200,000 shares at weighted avg $42.79 (range per footnote: $42.50–$43.00) — $8,557,020.
• Total shares sold: 405,570; total proceeds ≈ $17.19M.
• Shares owned after the transaction: Not specified in the items provided on this summary (refer to the full Form 4 for post-transaction holdings).
• Notable footnotes:
  • F1/F2: Weighted-average prices reported; sales occurred in multiple transactions within the stated price ranges. Reporting persons can provide per-trade price details on request.
  • F3: An Exhibit 99.1 is referenced and incorporated by reference (see the filing for that exhibit).
• Timeliness: Form 4 was filed on 2026-06-29 for transactions on 2026-06-25 and 06-26; the filing appears to be timely under Form 4 reporting rules.

Context

• This filing involves a 10% institutional owner, not an officer or director; such institutional sales often reflect portfolio or liquidity decisions and are not necessarily a signal about company operations.
• No option exercises, gifts, or awards are reported here — only outright sales.