Large PBF Energy (NYSE: PBF) shareholder sells 649,200 shares in open market

Rhea-AI Filing Summary

PBF Energy Inc. disclosed that major shareholder Control Empresarial de Capitales S.A. de C.V., a more than 10% owner, sold a total of 649,200 Class A common shares in open-market transactions on March 16–17, 2026 at weighted average prices around $44 per share.

Following these sales, the shareholder directly holds 24,096,898 Class A common shares. The filing notes that each reported price is a weighted average for multiple trades within specified price ranges, and detailed trade-by-trade information is available on request.

Insider Trade Summary

Net Seller: 649,200 shares ($28,836,621)

Net Sell 3 txns

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

Role 10% Owner

Sold 649,200 shs ($28.84M)

Type	Security	Shares	Price	Value
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	600,000	$44.4291	$26.66M
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	31,941	$44.1085	$1.41M
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	17,259	$44.6313	$770K

Holdings After Transaction: Class A Common Shares (as defined in Exhibit 99.1 hereto) — 24,096,898 shares (Direct)

Footnotes (1)

1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.5901 to $44.59 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 $44.595 to $44.655 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $44.15 to $44.78 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. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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)

UNITED STATES

(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)
03/16/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/16/2026		S		31,941	D	$44.1085(1)	24,714,157	D(4)
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/16/2026		S		17,259	D	$44.6313(2)	24,696,898	D(4)
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/17/2026		S		600,000	D	$44.4291(3)	24,096,898	D(4)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.5901 to $44.59 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 $44.595 to $44.655 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $44.15 to $44.78 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.

4. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

	/s/ MARCO ANTONIO SLIM DOMIT, ATTORNEY-IN-FACT	03/18/2026
	** 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)

FAQ

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

PBF Energy reported that major shareholder Control Empresarial de Capitales S.A. de C.V. sold 649,200 Class A common shares in open-market transactions on March 16–17, 2026, at weighted average prices slightly above $44 per share, reducing but not eliminating its large equity position.

How many PBF Energy shares did the selling holder retain after these transactions?

After the reported sales, Control Empresarial de Capitales S.A. de C.V. directly holds 24,096,898 Class A common shares of PBF Energy. This figure comes from the Form 4’s post-transaction ownership column for the most recent trade dated March 17, 2026, and reflects its remaining direct equity stake.

On what dates did the PBF Energy insider share sales occur and at what prices?

The sales occurred on March 16 and March 17, 2026. Shares were sold in multiple open-market trades with weighted average prices around $44 per share, within disclosed ranges from $43.5901 up to $44.78. Exact trade-level prices are available from the reporting persons upon request.

Who executed the recent insider share sales in PBF Energy (PBF)?

The seller was Control Empresarial de Capitales S.A. de C.V., identified as a more than 10% beneficial owner of PBF Energy. The entity, rather than an individual executive, reported the transactions and continues to hold over 24 million Class A common shares following the sales.

How many PBF Energy shares were sold in total in this Form 4 filing?

The filing shows total net sales of 649,200 Class A common shares. This total aggregates three open-market sale transactions reported for March 16–17, 2026, as summarized in the transaction totals section, which lists 649,200 shares sold and a net-sell direction for the period.