PBF Energy (PBF) 10% Owner Sells 150,000 Shares

What Happened
Control Empresarial de Capitales S.A. de C.V. (reported as a 10% owner) sold 150,000 shares of PBF Energy (PBF) on 2026-09-11. The weighted average sale price was $80.60 per share, for total proceeds of approximately $12,089,970. This was a sale (transaction code S), which is often routine portfolio/institutional activity rather than a direct bullish signal.

Key Details

• Transaction date: 2026-09-11; Form 4 filed: 2026-09-15 (filed within the standard two business-day window).
• Price: weighted average $80.60; individual sale prices ranged from $80.51 to $80.61 (per footnote).
• Shares sold: 150,000; proceeds ≈ $12,089,970.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: F1 explains the weighted-average price and that the seller can provide a breakdown of each separate price within the $80.51–$80.61 range upon request; F2 incorporates Exhibit 99.1 by reference.
• Transaction type: S = Sale (open market or private sale as reported).

Context
This filing shows institutional/10% owner selling shares; such transactions can reflect portfolio rebalancing or other institutional considerations and should not be read as the same signal as an insider executive sale. The filer disclosed the multiple-price range and complied with filing timeliness requirements.