BBB Foods (TBBB) Director Juan Pablo Cappello Exercises Options

What Happened
Juan Pablo Cappello, a director of BBB FOODS INC (TBBB), exercised stock options on August 7, 2026 to acquire 84,955 shares. The exercise price reported was $3.67 per share, for a total exercise cost of about $311,785. To cover tax liabilities, 7,660 shares were surrendered/withheld at an indicated market value of $40.67 per share (≈ $311,532). The filing also reports a derivative conversion entry for 84,955 shares at $0.00 (reflecting related option/derivative paperwork). The options exercised were fully vested.

Key Details

• Transaction date: August 7, 2026 (Filed with the SEC on August 11, 2026).
• Primary exercise: 84,955 shares acquired at $3.67 each — total ≈ $311,785.
• Tax/payment withholding: 7,660 shares disposed at $40.67 each — total ≈ $311,532 (net-share settlement to cover tax/exercise cost).
• Net shares received (approx): 84,955 − 7,660 = 77,295 shares.
• Footnotes: F1 — options fully vested. F2 — the issuer’s Class C shares and related options converted into Class A shares on Aug 7, 2026.
• Shares owned after transaction: Not specified in the reported excerpt.
• Filing timeliness: Form filed Aug 11, 2026 for an Aug 7 transaction; the filing shows the report date but does not flag a late filing in the provided text.

Context
This was an option exercise with a net-share settlement (shares withheld to cover tax or exercise obligations), not an open-market purchase or a sale. Such exercises are common for insiders exercising vested options and do not, by themselves, indicate a buy or sell directional view of the stock. The reporting person is a director and the issuer asserts foreign private issuer treatment, noting the transactions are exempt from Sections 16(b) and 16(c) under the Exchange Act per the filing remarks.