PBF Energy Inc.·4

Jul 10, 4:34 PM ET

Control Empresarial de Capitales S.A. de C.V. 4

4 · PBF Energy Inc. · Filed Jul 10, 2026

Research Summary

AI-generated summary of this filing

Updated

PBF Energy (PBF) 10% Owner Control Empresarial Sells Shares

What Happened

  • Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy (PBF), sold a total of 650,000 common shares in multiple transactions on July 8–9, 2026. On July 8 it sold 380,000 shares at a weighted average price of $52.29 (gross ≈ $19.87M). On July 9 it sold 270,000 shares at a weighted average price of $53.18 (gross ≈ $14.36M). Total proceeds across both days were about $34.23 million. These transactions are reported as sales (S) and were executed as open‑market or private sales.

Key Details

  • Transaction dates and prices:
    • 2026-07-08: 380,000 shares at weighted avg $52.29 (footnote F1: individual prices ranged $52.00–$52.80)
    • 2026-07-09: 270,000 shares at weighted avg $53.18 (footnote F2: individual prices ranged $53.15–$53.41)
  • Total shares sold: 650,000; total proceeds ≈ $34,229,682.
  • Shares owned after transaction: Not specified in this Form 4.
  • Filing: Form 4 filed 2026-07-10 (period of report 2026-07-08); filing appears timely (not marked late).
  • Notable footnotes: F1 and F2 give per‑trade price ranges and note weighted averages; F3 incorporates Exhibit 99.1 into the filing. The reporting person offers to provide detailed per‑price sale information on request.
  • Transaction code: S = Sale.

Context

  • This filing reports sales by a 10% institutional owner rather than an individual officer or director. Such institutional sales can reflect portfolio rebalancing or liquidity needs; they are not direct indicators of company operational changes. Form 4 sales are factual records of insider/major-holder activity — they do not, by themselves, explain motivation. If you want the exact per‑trade prices within the reported ranges, the filing’s footnotes state the reporting person will provide that breakdown on request.

Insider Transaction Report

Form 4
Period: 2026-07-08
Transactions
  • Sale

    Class A Common Shares (as defined in Exhibit 99.1 hereto)

    [F1][F3]
    2026-07-08$52.29/sh380,000$19,870,54216,082,128 total
  • Sale

    Class A Common Shares (as defined in Exhibit 99.1 hereto)

    [F2][F3]
    2026-07-09$53.18/sh270,000$14,359,14015,812,128 total
Footnotes (3)
  • [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.80 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]Weighted average price. These shares were sold in multiple transactions at prices ranging from $53.15 to $53.41 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 (2) to this Form 4.
  • [F3]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Signature
/s/ MARCO ANTONIO SLIM DOMIT, ATTORNEY-IN-FACT|2026-07-10

Documents

2 files