Control Empresarial sells 405,570 PBF Energy shares
Control Empresarial de Capitales S.A. de C.V., a ten percent owner of PBF Energy Inc., reported open-market sales of PBF Class A common shares.
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 PBF Class A common shares. It sold 205,570 shares on June 25 at a weighted average price of $42.0121 per share and 200,000 shares on June 26 at a weighted average price of $42.7851 per share. Footnotes note these were executed through multiple trades within price ranges of $42.00–$42.30 and $42.50–$43.00. After these transactions, the reporting holder directly owns 17,712,128 Class A common shares, indicating it retains a substantial position in PBF Energy.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 200,000 | $42.7851 | $8.56M |
| Sale | Class A Common Shares (as defined in Exhibit 99.1 hereto) | 205,570 | $42.0121 | $8.64M |
Footnotes (3)
- F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $42.00 to $42.30 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 $42.50 to $43.00 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. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.
Key Figures
Key Terms
open-market sale financial
ten percent owner financial
weighted average price financial
Form 4 regulatory
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