PBF Energy major holder sells 1.1M shares

PBF Energy Inc. insider Control Empresarial de Capitales S.A. de C.V., a more than ten percent owner, reported selling a total of 1,108,100 Class A common shares in open-market transactions.

Rhea-AI Filing Summary

PBF Energy Inc. insider Control Empresarial de Capitales S.A. de C.V., a more than ten percent owner, reported selling a total of 1,108,100 Class A common shares in open-market transactions. The sales occurred on March 4 and 5, 2026 at per-share prices ranging from $41.6406 to $46.5669. After these transactions, the reporting holder owned 26,264,098 Class A common shares.

Insider Trade Summary

Net Seller: 1,108,100 shares

Net Sell 5 txns

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

Role 10% Owner

Sold 1,108,100 shs ($48.04M)

Type	Security	Shares	Price	Value
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	205,000	$46.5669	$9.55M
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	341,697	$41.6406	$14.23M
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	280,964	$42.3213	$11.89M
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	117,339	$43.076	$5.05M
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	163,100	$44.8648	$7.32M

Holdings After Transaction: Class A Common Shares (as defined in Exhibit 99.1 hereto) — 26,264,098 shares (Direct)

Footnotes (6)

1. F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $42.00 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 (1) to this Form 4.
2. F2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $42.001 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.
3. F3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.005 to $43.20 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. F4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $44.80 to $45.10 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 (4) to this Form 4.
5. F5. Weighted average price. These shares were sold in multiple transactions at prices ranging from $46.39 to $46.72 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 (5) to this Form 4.
6. F6. See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

PBF Energy Inc. reported significant insider sales of Class A common shares. Control Empresarial de Capitales S.A. de C.V., a more than ten percent owner, sold 1,108,100 shares in open-market transactions over two days, reducing but not eliminating its substantial ownership stake in the company.

Who is the reporting person in PBF Energy Inc. (PBF) latest Form 4 filing?

The reporting person is Control Empresarial de Capitales S.A. de C.V. It is identified as a more than ten percent owner of PBF Energy Inc. and reported multiple open-market sales of the company’s Class A common shares, while continuing to hold a large remaining position afterward.

How many PBF Energy Inc. (PBF) shares were sold by the insider and over what period?

The insider entity sold 1,108,100 Class A common shares. These transactions occurred on March 4 and March 5, 2026, and were reported as open-market sales, reflecting a net reduction in the reporting person’s directly held PBF Energy Inc. share position.

At what prices were PBF Energy Inc. (PBF) shares sold in the reported insider transactions?

Shares were sold at per-share prices between about $41.64 and $46.57. Individual transactions were reported with specific prices such as $41.6406 and $46.5669, with additional weighted-average prices described across narrower ranges in the accompanying Form 4 footnotes.

How many PBF Energy Inc. (PBF) shares did the insider hold after these Form 4 sales?

After the reported transactions, the insider held 26,264,098 Class A common shares. This post-transaction balance shows that, despite selling over one million shares, Control Empresarial de Capitales S.A. de C.V. retained a substantial direct ownership interest in PBF Energy Inc.

What do the weighted-average price footnotes mean in PBF Energy Inc. (PBF) Form 4?

The footnotes explain that reported prices are weighted averages over multiple trades. Shares were sold in numerous transactions within specified price ranges, and the reporting persons commit to provide detailed trade-by-trade pricing information to the issuer, shareholders, or regulators upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/06/2026 - 04:01 PM EST Learn about SEC filing dates

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 O5 11000

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	03/04/2026		S		341,697	D	$41.6406(1)	27,030,501	D(6)
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/04/2026		S		280,964	D	$42.3213(2)	26,749,537	D(6)
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/04/2026		S		117,339	D	$43.076(3)	26,632,198	D(6)
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/04/2026		S		163,100	D	$44.8648(4)	26,469,098	D(6)
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/05/2026		S		205,000	D	$46.5669(5)	26,264,098	D(6)

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 $41.00 to $42.00 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 (1) to this Form 4.

2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $42.001 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.

3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $43.005 to $43.20 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. Weighted average price. These shares were sold in multiple transactions at prices ranging from $44.80 to $45.10 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 (4) to this Form 4.

5. Weighted average price. These shares were sold in multiple transactions at prices ranging from $46.39 to $46.72 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 (5) to this Form 4.

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

	/s/ MARCO ANTONIO SLIM DOMIT, ATTORNEY-IN-FACT	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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