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 200,000 PBF shares on July 6, 2026. The filing reports 50,000 shares sold at a weighted average price of $48.00 (total $2,400,045) and 150,000 shares sold at a weighted average price of $49.52 (total $7,428,165), for aggregate proceeds of approximately $9,828,210. These were sales (S) reported as open-market or private transactions.

Key Details

• Transaction dates: July 6, 2026 (reported on Form 4 filed July 8, 2026 — timely filing).
• Reported prices and ranges:
  • 50,000 shares at weighted avg $48.00 (footnote: actual trade prices ranged $48.00–$48.04).
  • 150,000 shares at weighted avg $49.52 (footnote: actual trade prices ranged $49.30–$49.845).
• Total proceeds: ~$9.83 million.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes: F1 and F2 note weighted-average pricing and per-price breakdowns available on request; F3 references an attached Exhibit 99.1 incorporated by reference.

Context This filing documents sales by a 10% shareholder (an institutional holder), not an executive officer. Sales by large shareholders can be routine portfolio management and do not necessarily indicate insider negative sentiment. The filing includes weighted-average price ranges and an exhibit (Exhibit 99.1) for additional details.