PBF Energy Inc.: 10% owner Control Empresarial sold 120,000 shares

What happened

• Control Empresarial de Capitales S.A. de C.V., a 10% owner, sold 120,000 shares of PBF Energy Inc. in an open market or private sale. The filing lists a weighted average price of $84.13 for total proceeds of $10,095,096.
• Footnote in the filing states the shares were sold in multiple transactions at prices ranging from $84.00 to $84.31 inclusive.

Key details

• Transaction date: Oct 5, 2026; weighted average price: $84.13; price range: $84.00 to $84.31 (per footnote).
• Shares sold: 120,000; proceeds reported: $10,095,096.
• Shares owned after the transaction: not reported in this Form 4.
• Relevant footnotes: F1 (weighted average price and multiple sale prices; reporting persons will provide breakdown on request), F2 (incorporated Exhibit 99.1).
• Filing date: Oct 7, 2026 (report period Oct 5, 2026).

Why it may matter

• This filing reports a straight sale (open market or private sale), not an option exercise or a gift.
• As a 10% owner, the reporting person is a large holder, not an executive.
• A filing does not show why the insider traded or why the company acted.