Control Empresarial de Capitales S.A. de C.V. 4
4 · PBF Energy Inc. · Filed Apr 8, 2026
Research Summary
AI-generated summary of this filing
PBF Energy 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 200,000 PBF shares in open-market transactions on April 6–7, 2026. The sales consisted of 130,000 shares at a weighted avg. $46.18 (≈ $6,003,504), 63,700 shares at a weighted avg. $47.06 (≈ $2,997,595), and 6,300 shares at a weighted avg. $47.53 (≈ $299,424), for combined gross proceeds of about $9,300,523.
Key Details
- Transaction dates and amounts:
- 2026-04-06: 130,000 shares sold, weighted avg. $46.18; range per filing F1: $46.00–$46.365.
- 2026-04-07: 63,700 shares sold, weighted avg. $47.06; range per filing F2: $46.50–$47.45.
- 2026-04-07: 6,300 shares sold, weighted avg. $47.53; range per filing F3: $47.48–$47.54.
- Total sold: 200,000 shares for ≈ $9.30M.
- Shares owned after the transactions: not specified in the provided excerpt of the Form 4.
- Footnotes: F1–F3 explain weighted-average pricing and price ranges by tranche; F4 incorporates Exhibit 99.1 into the filing.
- Filing timeliness: Form 4 filed 2026-04-08; transactions 4/6–4/7 — the filing appears within the typical two-business-day Form 4 window (not marked as late).
Context
This reporting party is a 10% institutional owner, not an executive officer — such sales can reflect portfolio management rather than a company-specific signal. Sales are common and don't necessarily predict future share performance; purchases generally carry more weight as signals of insider confidence. The filing provides price ranges for the multiple executions; the reporting person offers to supply per-trade pricing on request.
Insider Transaction Report
- Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F1][F4]2026-04-06$46.18/sh−130,000$6,003,504→ 19,323,698 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F2][F4]2026-04-07$47.06/sh−63,700$2,997,595→ 19,259,998 total - Sale
Class A Common Shares (as defined in Exhibit 99.1 hereto)
[F3][F4]2026-04-07$47.53/sh−6,300$299,424→ 19,253,698 total
Footnotes (4)
- [F1]Weighted average price. These shares were sold in multiple transactions at prices ranging from $46.00 to $46.365 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 $46.50 to $47.45 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 $47.48 to $47.54 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]See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.