Sec Form 4 Filing - LEVAN JARETT @ BBX Capital, Inc. - 2023-07-12

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person LEVAN JARETT 2. Issuer Name and Ticker or Trading Symbol BBX Capital, Inc. [ BBXIA/B] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) CEO and President (Last) (First) (Middle) 201 EAST LAS OLAS BOULEVARD, SUITE 1900 3. Date of Earliest Transaction (MM/DD/YY) 07/12/2023 (Street) FORT LAUDERDALE, FL33301 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class B Common Stock, par value $0.01 per share 07/12/2023 J 2,530 ( 3 ) A $ 0 538,918 ( 1 ) ( 2 ) D Class B Common Stock, par value $0.01 per share 07/12/2023 P 121,698 ( 4 ) A $ 11.2 660,616 ( 1 ) ( 2 ) D Class B Common Stock, par value $0.01 per share 07/12/2023 J 4,271 ( 3 ) A $ 0 4,271 ( 1 ) ( 2 ) I Jarett Levan Investment Trust Class B Common Stock, par value $0.01 per share 07/12/2023 J 13,078 ( 3 ) A $ 0 13,078 ( 1 ) ( 2 ) I By reporting person as UTMA custodian for children Class A Common Stock, par value $0.01 per share 424,142 ( 1 ) D Class A Common Stock 480 ( 1 ) I By reporting person as UTMA custodian for children

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other LEVAN JARETT 201 EAST LAS OLAS BOULEVARD SUITE 1900 FORT LAUDERDALE, FL33301 X CEO and President Signatures /s/ Brett Sheppard, Chief Financial Officer, BBX Capital Inc., Attorney-in-Fact for Jarett Levan 07/13/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares of the issuer's Class B Common Stock are convertible on a share-for-share basis into the issuer's Class A Common Stock at any time in the holder's discretion. ( 2 )On July 12, 2023, Levan Partners, LLC, a shareholder of the issuer and affiliate of the reporting person, distributed to its members, including the reporting person and his investment trust, and UTMA for his children, all 141,577 shares of the issuer's Class B Common Stock that it owned. Following receipt of the shares distributed to them, the other members of Levan Partners, LLC sold such shares to the reporting person in privately-negotiated transactions at a price of $11.20 per share. ( 3 )Represents the shares received from Levan Partners, LLC in connection with its distribution of its shares of the issuer's Class B Common Stock, as described in footnote 2. ( 4 )Represents the shares of the issuer's Class B Common Stock purchased from other members of Levan Partners, LLC as described in footnote 2.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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