Director at BBB FOODS INC (TBBB) reports options and share holdings

Rhea-AI Filing Summary

BBB FOODS INC director Juan Pablo Cappello filed an initial ownership report showing his equity position in the company. He holds stock options to acquire 84,955 Class C common shares at an exercise price of $3.6700 per share, which are fully vested and expire on December 16, 2050. These Class C shares automatically convert into Class A common shares on a one-for-one basis upon sale into the public market, certain transfers, or, if not converted earlier, on August 8, 2026. He also directly holds 20,000 Class A common shares.

SEC Form 3

FORM 3

UNITED 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

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1. Name and Address of Reporting Person^*

Cappello Juan Pablo

(Last) (First) (Middle)

AV. PDTE. MASARYK 8

POLANCO V SECCION, MIGUEL HIDALGO

(Street)

MEXICO CITY MEXICO 11560

(City) (State) (Zip)

MEXICO

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
BBB FOODS INC [ TBBB ]

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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 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)
Class A Common Shares	20,000	D

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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	(1)	12/16/2050	Class C Common Shares(2)	84,955	$3.67	D

Explanation of Responses:

1. These options are fully vested.

2. Class C Common Shares convert automatically into Issuer Class A Common Shares on a one-for-one basis upon: (i) sale into the public market; (ii) any transfer, whether or not for value (except for transfers to connected persons of the transferee or to a person that is also a holder of Class C common shares, as described in the Issuer's memorandum and articles of association); and (iii) to the extent not converted earlier, on August 8, 2026.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney. Exhibit 24 - Power of Attorney

	/s/ Amparo Martinez Ruiz, as 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 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)

FAQ

What did the Form 3 for BBB FOODS INC (TBBB) report for Juan Pablo Cappello?

The Form 3 reports Juan Pablo Cappello’s initial ownership in BBB FOODS INC, including stock options over 84,955 Class C shares and 20,000 Class A common shares. It establishes his baseline equity position as a company director.

How many BBB FOODS INC (TBBB) shares are covered by Cappello’s stock options?

Cappello holds stock options over 84,955 Class C common shares at an exercise price of $3.6700 per share. These options are fully vested and, upon conversion, would result in an equivalent number of Class A common shares on a one-for-one basis.

When do Juan Pablo Cappello’s BBB FOODS INC (TBBB) stock options expire?

His stock options on Class C common shares expire on December 16, 2050. Until that date, he may choose to exercise them at $3.6700 per share, subject to the company’s terms and any applicable trading restrictions.

How do BBB FOODS INC (TBBB) Class C shares convert into Class A shares?

Class C common shares convert automatically into Class A common shares on a one-for-one basis upon sale into the public market, certain transfers described in the company’s governing documents, or, if not converted earlier, automatically on August 8, 2026.

How many BBB FOODS INC (TBBB) Class A common shares does Cappello directly own?

Cappello directly owns 20,000 Class A common shares of BBB FOODS INC. This is separate from the 84,955 Class C shares underlying his fully vested stock options, which can later convert into Class A common shares on the specified terms.