Form 4: Slim Family's Control Empresarial Sells 200,000 PBF Energy Shares

Control Empresarial de Capitales S.A. de C.V., linked to the Slim Family, disposed of 200,000 Class A Common Shares of PBF Energy Inc. at an average price of $45.3654 on June 5, 2024.

Summary

• Control Empresarial de Capitales S.A. de C.V., a company associated with the Slim Family, sold 200,000 Class A Common Shares of PBF Energy Inc. on June 5, 2024.
• The shares were sold at a weighted average price of $45.3654, with individual transactions ranging from $45.2000 to $45.5000.
• Following the transaction, Control Empresarial still owns 14,824,198 shares of Class A Common Stock.
• The Slim Family, as beneficiaries of a Mexican trust that owns Control Empresarial, may be deemed to indirectly beneficially own these shares.
• These shares represent approximately 12.5% of the 118,563,971 issued and outstanding Class A Common Shares of PBF Energy Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This transaction represents a change in the holdings of a significant shareholder of PBF Energy, which could be of interest to other investors and analysts monitoring the company's stock.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence investor sentiment and the stock price of PBF Energy Inc.

Key Dates