BBB FOODS INC (TBBB) CEO reports 16,003,914-share Class C to Class A conversion
Rhea-AI Filing Summary
BBB FOODS INC director and Chairman & CEO Kamal Anthony Hatoum reported an automatic capital-structure change on August 7, 2026. An entity associated with him, Bolton Partners Ltd., converted 16,003,914 Class C Common Shares (including vested and unvested RSUs and other equity‑linked awards) into 16,003,914 Class A Common Shares, eliminating the Class C position and leaving an indirect Class A holding of that amount. In addition, he holds 630,000 Class A Common Shares directly, which also include RSUs and other equity‑linked awards. The company states that all Class C shares and related awards automatically converted into Class A shares on that date, and the reporting person disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,003,914 shares
Net Buy
3 txns
Insider
Hatoum Kamal Anthony
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class C Common Shares F2, F1, F3 | 16,003,914 | -- | -- |
| Conversion | Class A Common Shares F1, F2, F3 | 16,003,914 | -- | -- |
| holding | Class A Common Shares F1 | -- | -- | -- |
Holdings After Transaction:
Class C Common Shares — 0 shares (Indirect, By Bolton Partners Ltd.);
Class A Common Shares — 16,003,914 shares (Indirect, By Bolton Partners Ltd.);
Class A Common Shares — 630,000 shares (Direct)
Footnotes (3)
- F1. Includes vested and unvested restricted stock units ("RSUs") and other equity-linked awards.
- F2. On August 7, 2026 all of the Issuer's Class C Common Shares automatically converted into an equal number of Class A Common Shares and all vested and unvested RSUs and other equity-linked awards which were to settle in Class C Common Shares (including, in certain cases, upon the occurrence of time-based vesting events) became RSUs or other equity-linked awards that settle into Class A Common Shares (including, in certain cases, upon the occurrence of time-based vesting events).
- F3. 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.
Key Figures
Class C shares converted: 16,003,914 shares
Indirect Class A holdings after conversion: 16,003,914 shares
Direct Class A holdings: 630,000 shares
+1 more
4 metrics
Class C shares converted
16,003,914 shares
Class C Common Shares held indirectly via Bolton Partners Ltd. converted on August 7, 2026
Indirect Class A holdings after conversion
16,003,914 shares
Class A Common Shares held indirectly via Bolton Partners Ltd. following the automatic conversion
Direct Class A holdings
630,000 shares
Class A Common Shares held directly by Kamal Anthony Hatoum after the reported event
Derivative exercises reported
1 transaction, 16,003,914 shares
Conversion of derivative security into Class A Common Shares on August 7, 2026
Key Terms
foreign private issuer, restricted stock units, equity-linked awards, pecuniary interest
4 terms
foreign private issuer regulatory
"Due to the Issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
restricted stock units financial
"Includes vested and unvested restricted stock units ("RSUs") and other equity-linked awards."
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.
equity-linked awards financial
"Includes vested and unvested restricted stock units ("RSUs") and other equity-linked awards."
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of such Reporting Person's pecuniary interest"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BBB FOODS INC (TBBB) CEO Kamal Anthony Hatoum report in this Form 4?
Kamal Anthony Hatoum reported an automatic conversion of 16,003,914 Class C Common Shares, held indirectly via Bolton Partners Ltd., into an equal number of Class A Common Shares on August 7, 2026, reflecting a share-class change rather than an open-market trade.
Was the BBB FOODS INC (TBBB) Form 4 transaction a market buy or sell?
The transactions were reported as a conversion of derivative securities, not as market purchases or sales. All Class C Common Shares and related RSUs and equity‑linked awards automatically converted into Class A Common Shares, reflecting a structural share‑class change rather than trading activity.
What does the Form 4 say about BBB FOODS INC (TBBB) being a foreign private issuer?
The company is identified as a foreign private issuer under Rule 3a12‑3(b) of the Exchange Act. As a result, the reporting person’s transactions in the issuer’s equity securities are stated to be exempt from Sections 16(b) and 16(c) of the Act.
Does Kamal Anthony Hatoum claim full beneficial ownership of all reported TBBB securities?
No. The reporting person disclaims beneficial ownership of the securities reported, except to the extent of his pecuniary interest. The disclosure states this should not be deemed an admission of beneficial ownership for Section 16 or any other purpose.