STOCK TITAN

PBF Energy (NYSE: PBF) large holder sells 365K Class A shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Control Empresarial de Capitales S.A. de C.V., a ten percent owner of PBF Energy Inc., reported open-market sales of a total of 365,000 Class A Common Shares. The trades were executed on two dates at weighted average prices in the low-to-mid $40s per share.

The holder sold 362,000 shares on one day at a weighted average price of $43.4976 and 3,000 shares on the next day at a weighted average price of $44.4133, through multiple transactions within stated price ranges. After these sales, it still holds 18,888,698 Class A Common Shares.

Positive

  • None.

Negative

  • None.
Insider Control Empresarial de Capitales S.A. de C.V.
Role null
Sold 365,000 shs ($15.88M)
Type Security Shares Price Value
Sale Class A Common Shares (as defined in Exhibit 99.1 hereto) 3,000 $44.4133 $133K
Sale Class A Common Shares (as defined in Exhibit 99.1 hereto) 362,000 $43.4976 $15.75M
Holdings After Transaction: Class A Common Shares (as defined in Exhibit 99.1 hereto) — 18,888,698 shares (Direct, null)
Footnotes (1)
  1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.20 to $43.88 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $44.40 to $44.44 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. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Shares sold total 365,000 shares Open-market sales reported in Form 4
Large block sale 362,000 shares Sold at $43.4976 weighted average price
Smaller block sale 3,000 shares Sold at $44.4133 weighted average price
Post-transaction holdings 18,888,698 shares Class A Common Shares owned after sales
Price range first day $43.20–$43.88 Multiple transactions on earlier trade date
Price range second day $44.40–$44.44 Multiple transactions on later trade date
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner financial
"is_ten_percent_owner: 1"
Class A Common Shares financial
"security_title: Class A Common Shares (as defined in Exhibit 99.1 hereto)"
A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Control Empresarial de Capitales S.A. de C.V.

(Last)(First)(Middle)
PASEO DE LAS PALMAS 781, PISO 3
LOMAS DE CHAPULTEPEC

(Street)
CIUDAD DE MEXICO11000

(City)(State)(Zip)

MEXICO

(Country)
2. Issuer Name and Ticker or Trading Symbol
PBF Energy Inc. [ PBF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)XOther (specify below)
Add'l Rep. Persons-see Ex.99-1
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Shares (as defined in Exhibit 99.1 hereto)04/29/2026S362,000D$43.4976(1)18,891,698D(3)
Class A Common Shares (as defined in Exhibit 99.1 hereto)04/30/2026S3,000D$44.4133(2)18,888,698D(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.20 to $43.88 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.
2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $44.40 to $44.44 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.
3. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
/s/ MARCO ANTONIO SLIM DOMIT, ATTORNEY-IN-FACT04/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did PBF Energy (PBF) report in this Form 4?

PBF Energy reported that Control Empresarial de Capitales S.A. de C.V., a ten percent owner, conducted open-market sales totaling 365,000 Class A Common Shares. These transactions were executed over two days at weighted average prices in the low-to-mid $40s per share.

How many PBF Energy shares were sold and at what prices?

A total of 365,000 PBF Energy Class A Common Shares were sold. 362,000 shares were sold at a weighted average price of $43.4976, and 3,000 shares at a weighted average price of $44.4133, each executed through multiple trades within specified price ranges.

Who executed the recent PBF Energy share sales disclosed in the filing?

The share sales were executed by Control Empresarial de Capitales S.A. de C.V., identified as a ten percent owner of PBF Energy Inc. The filing lists this entity as the reporting person for the open-market transactions in Class A Common Shares.

How many PBF Energy shares does the reporting holder own after these sales?

After the reported transactions, the holder owns 18,888,698 PBF Energy Class A Common Shares. This figure represents its remaining direct holdings following the open-market sales of a combined 365,000 shares disclosed in the Form 4 filing.

Were the PBF Energy share sales single trades or multiple transactions?

The sales were executed as multiple transactions. The filing states that the weighted average prices reflect numerous trades within price ranges of $43.20–$43.88 for one day and $44.40–$44.44 for the next, rather than single executions at one price.