BBB Foods CEO entity nets 140k-share sell in mixed trade
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
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Negative
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Insider Trade Summary
| 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 |
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. Includes restricted stock units that settle into Class C Common Shares upon the occurrence of time-based vesting events.
Key Figures
Key Terms
follow-on offering financial
underwriting discounts and commissions financial
pecuniary interest financial
restricted stock units financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TBBB Chairman & CEO Kamal Anthony Hatoum report?
What are the CEO’s indirect holdings in BBB Foods (TBBB) after these transactions?
What price was used in the BBB Foods (TBBB) follow-on offering mentioned in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.