PBF Energy (PBF) 10% Owner Control Empresarial Sells 10,000 Shares

What Happened Control Empresarial de Capitales S.A. de C.V., listed as a 10% owner of PBF Energy (PBF), sold 10,000 shares on July 22, 2026. The weighted-average sale price was $67.02 per share, for aggregate proceeds of approximately $670,246. The filing indicates the shares were sold in multiple transactions at prices ranging from $67.00 to $67.17.

Key Details

• Transaction date: 2026-07-22 (reported on Form 4 filed 2026-07-24).
• Transaction type: Sale (S), open market or private sale.
• Price range: $67.00–$67.17; weighted average $67.02; total proceeds ≈ $670,246.
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Footnotes: F1 notes multiple sale prices within the stated range and offers to provide per-trade details on request; F2 incorporates Exhibit 99.1 by reference.
• Timeliness: Filing appears timely (reported two days after the transaction).

Context

• This is a sale by a significant shareholder (10% owner), an institutional/ownership disclosure rather than an executive insider trade. Sales by large shareholders can be routine portfolio management and do not by themselves indicate company performance or insider sentiment.
• No 10b5-1 plan, gift, option exercise, or tax-withholding details are mentioned in the provided excerpt.