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

What Happened
Control Empresarial de Capitales S.A. de C.V., identified as a 10% owner of PBF Energy (PBF), reported sales of common stock in open-market or private transactions. The filing shows: 170,000 shares on 2026-08-13 (weighted avg $71.98; proceeds $12,236,566), 40,000 shares on 2026-08-13 ($73.00; $2,920,200), and 6,356 shares on 2026-08-14 (~$74.28; $472,131). Total reported proceeds ≈ $15,628,897. All transactions are sales (code S).

Key Details

• Transaction dates: Aug 13, 2026 (two sales) and Aug 14, 2026 (one sale).
• Reported prices / notes: first block weighted avg ~$71.98 (sales in range $71.70–$72.50, per footnote F1); second block weighted avg ~$73.00 (range $73.00–$73.065, F2); third block weighted avg ~$74.28 (range $74.25–$74.32, F3).
• Total shares sold: 216,356; total proceeds ≈ $15.63 million.
• Shares owned after transaction: not specified in the excerpt provided.
• Filing: Form 4 filed 2026-08-17 for transactions on Aug 13–14; filing date appears within the typical two-business-day window and is not marked late.
• Exhibit/footnote: F4 references an attached Exhibit 99.1 incorporated by reference. Footnotes indicate weighted-average pricing and availability of per-transaction price details on request.

Context
As a 10% owner, Control Empresarial is a significant shareholder but not necessarily an operating executive; sales by 10% holders are often institutional portfolio actions rather than executive signals. These were outright sales (no options exercised or awards reported). The footnotes show the reported prices are weighted averages across multiple trades; the filer offers to provide per-trade price details on request.