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 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).