Control Empresarial de Capitales S.A. de C.V. 4
4 · PBF Energy Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
PBF Energy (PBF) 10% Owner Control Empresarial Sells Shares
What Happened Control Empresarial de Capitales S.A. de C.V., a reported 10% owner of PBF Energy Inc. (PBF), sold a total of 1,237,000 PBF shares in open-market/private sale transactions on March 26–27, 2026. The reported disposals were: 400,001 shares at $49.61 ($19,845,250), 236,999 shares at $50.56 ($11,981,840), 500,000 shares at $50.38 ($25,190,800) and 100,000 shares at $51.23 ($5,122,980), totaling roughly $62.14 million. These were sales (S) — routine disposition rather than a purchase signal.
Key Details
- Transaction dates: March 26, 2026 (two lots: 400,001 and 236,999) and March 27, 2026 (two lots: 500,000 and 100,000).
- Reported per-lot amounts and totals:
- 400,001 @ $49.61 = $19,845,250 (Footnote F1: weighted-average; prices in that lot ranged $49.15–$49.945)
- 236,999 @ $50.56 = $11,981,840 (F2: range $50.25–$51.08)
- 500,000 @ $50.38 = $25,190,800 (F3: range $49.9801–$50.80)
- 100,000 @ $51.23 = $5,122,980 (F4: range $51.10–$51.65)
- Aggregate: 1,237,000 shares sold for ~$62.14M.
- Shares owned after the transactions: not specified in the details provided here (check the full Form 4 for "Amount Beneficially Owned Following Reported Transaction").
- Notable footnotes: weighted-average prices and per-trade price ranges (F1–F4); Exhibit 99.1 referenced (F5). The reporting persons offered to provide detailed per-share sale prices on request.
- Filing timeliness: Form filed March 30, 2026; transactions occurred March 26–27, 2026 — filing appears timely (within required business-day window).
Context
- This filer is a 10% owner (institutional/major shareholder), not necessarily an executive — such sales can be for portfolio or liquidity reasons and aren’t direct indicators of management sentiment.
- These were open-market/private sale transactions (code S) — sales are common and often routine; retail investors should view them as factual disclosures rather than definitive market signals.
- For full specifics (exact per-trade timestamps, updated holdings, and Exhibit 99.1), consult the complete Form 4 filing (Accession 0001140361-26-012032).
Insider Transaction Report
- Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F5]2026-03-26$49.61/sh−400,001$19,845,250→ 20,575,697 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F2][F5]2026-03-26$50.56/sh−236,999$11,981,840→ 20,338,698 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F3][F5]2026-03-27$50.38/sh−500,000$25,190,800→ 19,838,698 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F4][F5]2026-03-27$51.23/sh−100,000$5,122,980→ 19,738,698 total
Footnotes (5)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $49.15 to $49.945 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]Weighted average price. These shares were sold in multiple transactions at prices ranging from $50.25 to $51.08 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- [F3]Weighted average price. These shares were sold in multiple transactions at prices ranging from $49.9801 to $50.80 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
- [F4]Weighted average price. These shares were sold in multiple transactions at prices ranging from $51.10 to $51.65 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
- [F5]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.