Control Empresarial de Capitales S.A. de C.V. 4
Research Summary
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PBF Energy 10% Owner Sells 100,000 Shares
What Happened
Control Empresarial de Capitales S.A. de C.V., a beneficial owner of more than 10% of PBF Energy (PBF), sold 100,000 common shares on July 10, 2026. The filing reports a weighted average sale price of $54.52 per share for total proceeds of $5,451,860. The sale was made in multiple transactions with execution prices in a reported range of $54.00 to $54.80.
Key Details
- Transaction date: July 10, 2026. Transaction type: Sale (S), open‑market/private sale.
- Price: Weighted average $54.52; individual trades ranged from $54.00 to $54.80 (see footnote F1).
- Total proceeds: $5,451,860.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnotes: F1 says the weighted average covers multiple prices and that detailed price-by-price info will be provided on request; F2 references Exhibit 99.1, incorporated by reference.
- Filing timeliness: Form filed July 14, 2026 — timely (filed within the standard two business‑day window after the July 10 transaction).
Context
This filing involves a >10% institutional/beneficial owner, not an executive officer; such institutional sales can be routine portfolio management and do not, by themselves, indicate company performance or insider sentiment. The reporting person has offered to provide a breakdown of individual trade prices on request per the footnote.
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