SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* LEVAN ALAN B (Last) (First) (Middle) 201 EAST LAS OLAS BOULEVARD SUITE 1900 (Street) FORT LAUDERDALE FL 33301 (City) (State) (Zip)	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 X 10% Owner X Officer (give title below) Other (specify below) Chairman
	3. Date of Earliest Transaction (Month/Day/Year) 07/12/2023
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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		141,577	D	$0	0(2)	I	By Levan Partners, LLC
Class B Common Stock, par value $0.01 per share	07/12/2023		J		2,530(3)	A	$0	2,770(1)	I	By Spouse
Class B Common Stock, par value $0.01 per share	07/12/2023		S		2,530(4)	D	$11.2	240(1)	I	By Spouse
Class B Common Stock, par value $0.01 per share	07/12/2023		J		5,401(3)	A	$0	869,827(1)	D
Class B Common Stock, par value $0.01 per share	07/12/2023		S		5,401(4)	D	$11.2	864,426(1)	D
Class B Common Stock, par value $0.01 per share	07/12/2023		J		335(3)	A	$0	335(1)	I	Levan General Corp
Class B Common Stock, par value $0.01 per share	07/12/2023		S		335(4)	D	$11.2	0	I	Levan General Corp
Class B Common Stock, par value $0.01 per share	07/12/2023		J		24,065(3)	A	$0	24,065(1)	I	Irrevocable Trust for Alan B. Levan
Class B Common Stock, par value $0.01 per share	07/12/2023		S		24,065(4)	D	$11.2	0	I	Irrevocable Trust for Alan B. Levan
Class B Common Stock, par value $0.01 per share	07/12/2023		J		29,731(3)	A	$0	29,731(1)	I	Irrevocable Trust for Susana C. Levan
Class B Common Stock, par value $0.01 per share	07/12/2023		S		29,731(4)	D	$11.2	0	I	Irrevocable Trust for Susana C. Levan
Class A Common Stock, par value $0.01 per share								820,834(1)	D
Class A Common Stock, par value $0.01 per share								986,197(1)	I	By Levan Partners, LLC
Class A Common Stock, par value $0.01 per share								78,700(1)	I	By Susie and Alan B. Levan Family Foundation, Inc.
Class A Common Stock, par value $0.01 per share								7,344(1)	I	By Levan Children's Trust
Class B Common Stock, par value $0.01 per share								336,915(1)	I	By Levan BFC Stock Partners, LP
Class A Common Stock, par value $0.01 per share								2,341(1)	I	By Spouse

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

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. Levan Partners, LLC distributed to its members, including the reporting person, his spouse, respective irrevocable trusts, and Levan General Corp, all 141,577 shares of the issuer's Class B Common Stock that it owned. Following receipt of the shares, each of them sold such shares to the issuer's CEO and President in a privately-negotiated transaction at a price of $11.20 per share. The shares of the issuer's Class B Common Stock held by Levan Partners, LLC were previously reported as beneficially owned by the reporting person, as a controlling person of Levan Partners, LLC

3. Represents the shares received from Levan Partners, LLC in connection with the distribution of its shares of the issuer's Class B Common Stock, as described in footnote 2.

4. Represents the shares sold to the issuer's CEO and President, as described in footnote 2.

	/s/ Brett Sheppard, Chief Financial Officer, BBX Capital Inc., Attorney-in-Fact for Alan B. Levan	07/13/2023
	** Signature of Reporting Person	Date
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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