BBB Foods (TBBB) director holds 80,000 options expiring in 2035
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
BBB Foods Inc director Stevens Dennis George filed an initial ownership report showing stock options to buy 80,000 Class C common shares at an exercise price of $26.74 per share, expiring on December 31, 2035. The 80,000 options are unvested and will vest in four equal annual installments beginning on December 26, 2027.
Each Class C common share will automatically convert into one Class A common share upon a sale into the public market, most transfers, or, if not converted earlier, on August 8, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stevens Dennis George
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 80,000 shares (Direct)
Footnotes (1)
- Includes 80,000 unvested options which will vest in four equal annual installments beginning on December 26, 2027. 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.
FAQ
What does the Form 3 filing by BBB Foods (TBBB) director report?
The Form 3 shows director Stevens Dennis George holds options for 80,000 Class C common shares. These options are an initial ownership disclosure, not a new purchase or sale, and outline his existing derivative position in BBB Foods equity.
When do the BBB Foods (TBBB) stock options vest and expire?
The 80,000 stock options vest in four equal annual installments starting December 26, 2027. They expire on December 31, 2035, setting a clear timeframe during which the director can exercise these options once vested.
What is the exercise price of the BBB Foods (TBBB) stock options?
The stock options have an exercise price of $26.74 per underlying share. This is the fixed price at which the director may buy Class C common shares if he chooses to exercise the options before their 2035 expiration.