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Director Discloses Tax-Motivated BBB Foods Stock Sale in SEC Filing

BBB Foods logoBBB Foods
Sig1.22Sen-0.95Env0.00Soc0.00Gov+0.18

A BBB Foods director, Juan Pablo Cappello, reported selling 7,660 shares for about $312,000 in a non-discretionary transaction to cover tax obligations after option exercise. The options converted from Class C to Class A shares, leaving him with 97,295 Class A shares worth about $3.97 million at the August 7 close. The filing also cites a TTM net loss of $3.3 billion and the company’s scale in Mexico.

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