BBB FOODS INC·4

Jun 3, 5:14 PM ET

Apalategui Diego Ezequiel 4

Research Summary

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Updated

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.

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