Control Empresarial de Capitales S.A. de C.V. 4
4 · PBF Energy Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
PBF Energy (PBF) 10% Owner Sells 200,000 Shares
What Happened
Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy (PBF), sold 200,000 shares on July 1, 2026. The shares were disposed in multiple transactions at prices ranging from $46.50 to $47.41; the weighted-average price reported is $46.94, producing total proceeds of $9,388,660. This report shows a sale (S), which is a disposition of shares rather than a purchase.
Key Details
- Transaction date: 2026-07-01 (filed with SEC on 2026-07-06).
- Prices: range $46.50–$47.41; weighted average $46.94.
- Shares sold: 200,000; proceeds: $9,388,660.
- Transaction code: S (sale).
- Shares owned after transaction: not specified in the information provided in your summary.
- Footnotes: F1 states the weighted average and that the seller will provide details of each trade price on request; F2 incorporates Exhibit 99.1 by reference.
- Timeliness: Filing was submitted July 6 for a July 1 trade — later than the typical two-business-day Form 4 filing window, so the filing appears to be late.
Context
This filing is by a >10% owner (institutional holder), not an individual officer or director. Sales by large shareholders can reflect many reasons (liquidity needs, portfolio rebalancing, etc.) and do not, by themselves, indicate management’s view of the company. The filing includes a footnote offering details of each trade price on request and an attached exhibit (Exhibit 99.1).
Insider Transaction Report
- Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F2]2026-07-01$46.94/sh−200,000$9,388,660→ 16,662,128 total
Footnotes (2)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $46.50 to $47.41 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.