STOCK TITAN

Francesco Patarnello discloses 74.7M Class A Shares in Bending Spoons (BSP) Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Bending Spoons S.p.A. director and officer Francesco Patarnello has filed an initial Form 3 showing beneficial ownership of 74,685,445 Class A Shares, held directly. Each Class A Share is convertible at any time into one Ordinary Share on a one-for-one basis at the holder’s request.

Positive

  • None.

Negative

  • None.
Insider Patarnello Francesco
Role Head of Business Acquisitions
Type Security Shares Price Value
holding Class A Shares -- -- --
Holdings After Transaction: Class A Shares — 74,685,445 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Direct Class A ownership 74,685,445 shares Total Class A Shares following holding entry
Underlying Ordinary Shares 74,685,445 shares Ordinary Shares underlying Class A Shares via 1:1 conversion
Exercise price $0.0000 per share Conversion/exercise price shown for Class A to Ordinary
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Class A Shares financial
""security_title": "Class A Shares""
Class A shares are one of a company’s distinct types of stock that come with a specific set of rights—commonly different voting power, dividend treatment, or transfer rules—defined in the company’s charter. Investors care because those rights affect control, income and resale value; like holding a seat at a table that has different rules or stronger chips than other seats, owning Class A changes how much influence and return you can expect.
Ordinary Shares financial
""underlying_security_title": "Ordinary Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
convertible financial
"Each Class A Share is convertible at any time into one Ordinary Share"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
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FAQ

What does the Bending Spoons (BSP) Form 3 for Francesco Patarnello show?

The Form 3 reports that Francesco Patarnello beneficially owns 74,685,445 Class A Shares of Bending Spoons S.p.A. held directly. This establishes his initial disclosed ownership position as a director and Head of Business Acquisitions.

How many Bending Spoons (BSP) shares does Francesco Patarnello beneficially own?

Francesco Patarnello is reported as beneficially owning 74,685,445 Class A Shares. This figure is shown as the total shares following the reported holding entry and reflects his direct ownership position in the company.

What is the difference between Bending Spoons Class A Shares and Ordinary Shares?

Each Bending Spoons Class A Share is convertible into one Ordinary Share at any time upon the holder’s request. The filing also notes automatic conversion into Ordinary Shares upon certain events described in the company’s governing documents.

Does the Bending Spoons (BSP) Form 3 show any insider buying or selling?

The Form 3 functions as an initial ownership report and shows a holding entry for 74,685,445 Class A Shares. It does not report separate buy or sell transactions, focusing instead on Patarnello’s starting equity position.

How are Bending Spoons Class A Shares treated in terms of underlying Ordinary Shares?

The filing ties the 74,685,445 Class A Shares to the same number of underlying Ordinary Shares. This reflects the one-for-one conversion feature described in the footnote, aligning economic exposure between the two share classes.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Patarnello Francesco

(Last)(First)(Middle)
C/O BENDING SPOONS S.P.A.
VIA NINO BONNET 10

(Street)
MILAN20154

(City)(State)(Zip)

ITALY

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2026
3. Issuer Name and Ticker or Trading Symbol
Bending Spoons S.p.A. [ BSP ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Head of Business Acquisitions
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Class A Shares (1) (1)Ordinary Shares74,685,445(1)D
Explanation of Responses:
1. Each Class A Share is convertible at any time into one Ordinary Share upon request of the holder. In addition, the Class A Shares will automatically convert into Ordinary Shares upon certain events.
Remarks:
Exhibit 24 - Power of Attorney.
/s/ Ignacio Pereira, Attorney-in-Fact07/01/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)