Large PBF (NYSE: PBF) holder sells 860,000 shares, keeps 25M+

Rhea-AI Filing Summary

PBF Energy Inc. large shareholder Control Empresarial de Capitales S.A. de C.V. reported open-market sales of Class A common shares. On March 10, 2026, it sold 22,000 shares at a weighted average price of $40.0843 per share. On March 11, 2026, it sold 838,000 shares at a weighted average price of $41.9138 per share, both in multiple transactions within stated price ranges. Following these sales, the reporting holder directly owns 25,391,098 Class A shares, indicating it retains a substantial position in PBF Energy.

Insider Trade Summary

Net Seller: 860,000 shares ($36,005,619)

Net Sell 2 txns

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

Role 10% Owner

Sold 860,000 shs ($36.01M)

Type	Security	Shares	Price	Value
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	838,000	$41.9138	$35.12M
Sale	Class A Common Shares (as defined in Exhibit 99.1 hereto)	22,000	$40.0843	$882K

Holdings After Transaction: Class A Common Shares (as defined in Exhibit 99.1 hereto) — 25,391,098 shares (Direct)

Footnotes (1)

1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $39.99 to $40.13 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 $41.5101 to $42.23 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.

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 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)
03/10/2026

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)	03/10/2026		S		22,000	D	$40.0843(1)	26,229,098	D(3)
Class A Common Shares (as defined in Exhibit 99.1 hereto)	03/11/2026		S		838,000	D	$41.9138(2)	25,391,098	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)
				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 $39.99 to $40.13 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 $41.5101 to $42.23 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	03/12/2026
	** 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.

FAQ

How many PBF (PBF) shares did the reporting holder sell in this Form 4?

The reporting holder sold a total of 860,000 PBF Class A shares. This included 22,000 shares on March 10, 2026 and 838,000 shares on March 11, 2026, all reported as open-market sales.

At what prices were the PBF (PBF) shares sold in this Form 4?

The shares were sold at weighted average prices of $40.0843 and $41.9138 per share. Each trade occurred through multiple transactions within narrow price ranges disclosed in the footnotes to the filing.

Who is the reporting person in the PBF (PBF) Form 4 insider transaction?

The reporting person is Control Empresarial de Capitales S.A. de C.V., identified as a ten percent owner of PBF Energy Inc. It reported direct ownership and open-market sales of PBF Class A common shares.

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

After the reported transactions, the holder directly owns 25,391,098 PBF Class A shares. This figure reflects its remaining position following the March 10 and March 11, 2026 open-market sales disclosed in the Form 4.

What type of transactions were reported in the PBF (PBF) Form 4?

The Form 4 reports open-market sales of PBF Class A common shares, coded as “S” transactions. These were non-derivative sales executed in multiple trades at specified price ranges, as detailed in the filing’s footnotes.

Were the PBF (PBF) share sales executed in single trades or multiple transactions?

The sales were executed in multiple transactions on each day. The filing provides weighted average prices and notes that individual trade details within the disclosed price ranges are available upon request from the issuer or regulators.