Bumble (BMBL) 10% Owner BTOA‑NQ L.L.C. Sells Shares

What Happened

• BTOA‑NQ L.L.C. (identified as a 10% owner) disposed of 3,767,776 shares of Bumble Class A common stock in multiple sales on September 28, 2026. The trades were priced at about $2.94 per share (VWAP‑based settlement price determined at $2.9381) for total proceeds of roughly $11.07 million. The transactions are reported as sales (transaction code S).

Key Details

• Transaction date: 2026-09-28. Settlement price: $2.9381 per share (VWAP over hedging period; see footnote F1).
• Shares sold: 3,767,776 total (individual lots: 91,376; 1,257,280; 204,109; 544,646; 1,652,209; 14,902; 3,254).
• Total proceeds: approximately $11,070,103.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: F1 — sales reflect settlement to an unaffiliated financial institution based on the end of a post‑paid forward hedging period; F5/F9/F10/F11–F13 — reporting reflects complex Blackstone entity ownership structure and separate Forms 4 by related reporting persons.
• Filing timeliness: Report filed 2026-09-30 for a 2026-09-28 transaction; no late‑filing indication in the provided data.

Context

• These sales resulted from the settlement of a post‑paid forward arrangement (per F1), not described as open‑market discretionary sales by an individual executive. As a 10% institutional owner within a multi‑entity Blackstone structure, the transactions reflect an institutional liquidity/settlement event rather than a straightforward insider purchase or gift.