Apalategui Diego Ezequiel 4
4 · BBB FOODS INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
BBB FOODS (TBBB) Director Apalategui Sells 133,336 Shares
What Happened
Diego Ezequiel Apalategui, Director of Sales & Operations at BBB FOODS INC (TBBB), disposed of 133,336 shares via a derivative sale on June 1, 2026. The reported sale price was $32.50 per share for a gross value of $4,333,420. The Class C shares converted into Class A shares immediately upon sale as part of the issuer’s follow-on offering.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-03 (timely).
- Transaction type/code: Sale (S) — reported as a derivative transaction.
- Shares sold: 133,336 at $32.50 each; gross proceeds $4,333,420. Footnote states an underwriting discount of $0.78/share, implying net proceeds ≈ $4.23M.
- Conversion note: Class C shares automatically converted one-for-one to Class A upon sale (Footnotes F1–F2).
- Other holdings: Filing does not disclose the insider’s post-transaction share total in the provided summary.
- Holdover awards: Filing notes some reported Class C shares include unvested restricted stock units that will settle into Class C shares upon time-based vesting (F3).
- Compliance: Because the issuer is a foreign private issuer, the reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act (remark in filing).
Context
This was a sale associated with the company’s follow-on offering and involved automatic conversion of Class C to Class A shares prior to sale. Derivative-designated transactions like this reflect conversion+sale activity rather than an option exercise or gift. The filing is timely; no late-filing implications are indicated.
Insider Transaction Report
- Sale
Class C Common Shares
[F1][F2][F3]2026-06-01$32.50/sh−133,336$4,333,420→ 266,664 total→ Class A Common Shares (133,336 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]Includes unvested restricted stock units that settle into Class C Common Shares upon the occurrence of time-based vesting events.