BBB Foods (NYSE: TBBB) CEO-linked entity sells 150k shares, buys 10k in mixed Form 4 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BBB Foods Inc director and CEO Kamal Anthony Hatoum reported mixed indirect trades through Bolton Partners Ltd. On Class C Common Shares, Bolton Partners sold 150,000 shares at $32.50 per share, which automatically converted into an equal number of Class A Common Shares upon sale in a follow-on offering.
On the same date, Bolton Partners purchased 10,000 Class B Common Shares at $32.50 per share. After these transactions, indirect holdings reported were 16,003,914 Class C Common Shares and 5,210,000 Class B Common Shares. The reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 140,000 shares ($4,875,000)
Net Sell
2 txns
Insider
Hatoum Kamal Anthony
Role
Chairman & CEO
Bought
10,000 shs ($325K)
Sold
150,000 shs ($4.88M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common Shares | 10,000 | $32.50 | $325K |
| Sale | Class C Common Shares | 150,000 | $32.50 | $4.88M |
Holdings After Transaction:
Class B Common Shares — 5,210,000 shares (Indirect, By Bolton Partners Ltd.);
Class C Common Shares — 16,003,914 shares (Indirect, By Bolton Partners Ltd.)
Footnotes (1)
- Class B 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 certain permitted transfers as described in the Issuer's memorandum and articles of association); and (iii) at such time as the number of issued and outstanding Class B Common Shares represents less than 1.0% of the aggregate number of common shares of the Issuer. Class B Common Shares convert automatically into Issuer Class C Common Shares on a one-for-one basis upon foreclosure or enforcement of any pledge over the Class B Common Shares. To the extent not converted earlier, on August 6, 2026, the Class B Common Shares will be convertible into Issuer Class A Common Shares at any time at the holder's option. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose. 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 6, 2026. These Class C Common Shares automatically converted into an equal number of Class A Common Shares immediately upon their sale pursuant to the Issuer's follow-on offering at a price of $32.50 per Class A Common Share, less underwriting discounts and commissions of $0.78 per share. Includes restricted stock units that settle into Class C Common Shares upon the occurrence of time-based vesting events.
Key Figures
Class C shares sold: 150,000 shares
Sale price: $32.50/share
Class B shares bought: 10,000 shares
+4 more
7 metrics
Class C shares sold
150,000 shares
Class C Common Shares sold at $32.50 on 2026-06-01
Sale price
$32.50/share
Price for Class C sale and Class B purchase
Class B shares bought
10,000 shares
Class B Common Shares purchased on 2026-06-01
Net shares sold
140,000 shares
Net of buy and sell transactions in filing
Class C holdings after
16,003,914 shares
Indirect Class C Common Shares following transactions
Class B holdings after
5,210,000 shares
Indirect Class B Common Shares following transactions
Underwriting discount
$0.78/share
Discount per share in follow-on offering for Class A
Key Terms
Class B Common Shares, Class C Common Shares, follow-on offering, underwriting discounts and commissions, +2 more
6 terms
follow-on offering financial
"immediately upon their sale pursuant to the Issuer's follow-on offering at a price of $32.50 per Class A Common Share"
A follow-on offering is when a company sells additional shares to the public after its initial stock listing to raise more cash. For investors it matters because the new shares increase the total number of shares outstanding, which can reduce each existing shareholder’s ownership share and earnings per share—similar to baking more loaves of bread after the first batch, which means each slice represents a slightly smaller piece of the whole; the funds raised can also support growth or pay debt.
underwriting discounts and commissions financial
"at a price of $32.50 per Class A Common Share, less underwriting discounts and commissions of $0.78 per share"
Underwriting discounts and commissions are fees paid to financial institutions that help sell new securities to investors. They act like a commission for their role in connecting companies with buyers, often reducing the amount of money the issuing company raises. For investors, understanding these costs helps gauge how much of their investment is going toward the actual securities versus fees paid to middlemen.
pecuniary interest financial
"except to the extent of such Reporting Person's pecuniary interest therein"
restricted stock units financial
"Includes restricted stock units that settle into Class C Common Shares upon the occurrence of time-based vesting events."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transactions did TBBB Chairman & CEO Kamal Anthony Hatoum report?
The filing shows mixed indirect trades via Bolton Partners Ltd., including a sale of 150,000 Class C Common Shares and a purchase of 10,000 Class B Common Shares, both at $32.50 per share, reflecting a net reduction in shares tied to Class A equivalents.
What are the CEO’s indirect holdings in BBB Foods (TBBB) after these transactions?
After the reported trades, indirect holdings through Bolton Partners Ltd. are 16,003,914 Class C Common Shares and 5,210,000 Class B Common Shares. The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest in these securities.
What price was used in the BBB Foods (TBBB) follow-on offering mentioned in the Form 4?
The filing states that the Class C Common Shares sold converted into Class A Common Shares upon sale in the issuer’s follow-on offering at $32.50 per Class A Common Share, less underwriting discounts and commissions of $0.78 per share.