Major PBF Energy (NYSE: PBF) holder sells 285K Class A shares

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

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 285,000 Class A common shares over two days. The shares were sold on March 30 and 31, 2026 at weighted average prices of $51.1383 and $50.7363 per share across multiple trades within disclosed price ranges. Following these transactions, the reporting entity directly holds 19,453,698 Class A common shares.

Insider Trade Summary

Net Seller: 285,000 shares ($14,494,016)

Net Sell 2 txns

Insider Control Empresarial de Capitales S.A. de C.V.

Role 10% Owner

Sold 285,000 shs ($14.49M)

Type	Security	Shares	Price	Value
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	200,000	$50.7363	$10.15M
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	85,000	$51.1383	$4.35M

Holdings After Transaction: Class A Common Shares (as defined in Exhibit 99.1 hereto) — 19,453,698 shares (Direct)

Footnotes (1)

Weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 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 (1) to this Form 4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $50.60 to $50.92 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.

Key Figures

Shares sold March 30, 2026: 85,000 shares Weighted avg price March 30, 2026: $51.1383 per share Shares sold March 31, 2026: 200,000 shares +5 more

8 metrics

Shares sold March 30, 2026 85,000 shares Open-market sale of Class A common shares

Weighted avg price March 30, 2026 $51.1383 per share Open-market sale of 85,000 Class A common shares

Shares sold March 31, 2026 200,000 shares Open-market sale of Class A common shares

Weighted avg price March 31, 2026 $50.7363 per share Open-market sale of 200,000 Class A common shares

Total shares sold 285,000 shares Net insider sales across both transaction dates

Shares held after transactions 19,453,698 shares Direct Class A common share holdings post‑sale

Price range footnote F1 $51.00–$51.65 Weighted‑average sale range for one set of trades

Price range footnote F2 $50.60–$50.92 Weighted‑average sale range for another set of trades

Key Terms

open-market sale, weighted average price, ten percent owner, Class A common shares

4 terms

open-market sale financial

"transaction_action: "open-market sale" with code "S""

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

"Footnotes state: "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 for the reporting person entity"

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).

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 05:00 PM

SEC Form 4

FORM 4

UNITED 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 MEXICO

11000

(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)

Director	X	10% Owner
Officer (give title below)	X	Other (specify below)
		Add'l Rep. Persons-see Ex.99-1

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/30/2026		S		85,000	D	$51.1383⁽¹⁾	19,653,698	D⁽³⁾
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/31/2026		S		200,000	D	$50.7363⁽²⁾	19,453,698	D⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 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 (1) to this Form 4.

2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $50.60 to $50.92 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-FACT	04/01/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PBF Energy (PBF) disclose in this Form 4?

PBF Energy reported that Control Empresarial de Capitales S.A. de C.V., a ten percent owner, sold 285,000 Class A common shares in open‑market transactions. These sales occurred over two days and were reported with weighted average prices and remaining holdings.

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

The insider entity sold 285,000 PBF Energy Class A common shares. On March 30, 85,000 shares were sold at a weighted average of $51.1383, and on March 31, 200,000 shares were sold at a weighted average of $50.7363 across multiple price levels.

How many PBF Energy shares does the reporting owner hold after these sales?

After the reported transactions, Control Empresarial de Capitales S.A. de C.V. directly holds 19,453,698 PBF Energy Class A common shares. This figure comes from the Form 4 totals shown following the March 31, 2026 open‑market sale transaction.

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

The sales were executed as multiple transactions on each day. Footnotes explain the reported prices are weighted averages for trades ranging from $51.00 to $51.65 and from $50.60 to $50.92, with full trade‑level details available upon request.

Who is Control Empresarial de Capitales S.A. de C.V. in relation to PBF Energy?

Control Empresarial de Capitales S.A. de C.V. is identified as a ten percent owner of PBF Energy Inc. In this Form 4, it is the sole reporting person and directly owns the Class A common shares involved in the disclosed open‑market sales.