<?xml version="1.0" encoding="UTF-8"?><ns2:edgarSubmission xmlns:com="http://www.sec.gov/edgar/common" xmlns:ns2="http://www.sec.gov/edgar/ownership">
    <ns2:headerData>
        <ns2:submissionType>144</ns2:submissionType>
        <ns2:filerInfo>
            <ns2:filer>
                <ns2:filerCredentials>
                    <ns2:cik>0001601607</ns2:cik>
                    <ns2:ccc>XXXXXXXX</ns2:ccc>
                </ns2:filerCredentials>
            </ns2:filer>
            <ns2:liveTestFlag>LIVE</ns2:liveTestFlag>



        </ns2:filerInfo>
    </ns2:headerData>
    <ns2:formData>
        <ns2:issuerInfo>
            <ns2:issuerCik>0001069899</ns2:issuerCik>
            <ns2:issuerName>Phibro Animal Health Corporation</ns2:issuerName>
            <ns2:secFileNumber>001-36410</ns2:secFileNumber>
            <ns2:issuerAddress>
                <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                <com:city>Teaneck</com:city>
                <com:stateOrCountry>NJ</com:stateOrCountry>
                <com:zipCode>07666</com:zipCode>
            </ns2:issuerAddress>
            <ns2:issuerContactPhone>1-201-329-7300</ns2:issuerContactPhone>
            <ns2:nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>BFI Co. LLC</ns2:nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <ns2:relationshipsToIssuer>
                <ns2:relationshipToIssuer>10% Stockholder</ns2:relationshipToIssuer>
            </ns2:relationshipsToIssuer>
        </ns2:issuerInfo>
        <ns2:securitiesInformation>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:brokerOrMarketmakerDetails>
                <ns2:name>Goldman Sachs &amp; Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>200 West Street</com:street1>
                    <com:city>New York</com:city>
                    <com:stateOrCountry>NY</com:stateOrCountry>
                    <com:zipCode>10282</com:zipCode>
                </ns2:address>
            </ns2:brokerOrMarketmakerDetails>
            <ns2:noOfUnitsSold>246400</ns2:noOfUnitsSold>
            <ns2:aggregateMarketValue>12189408</ns2:aggregateMarketValue>
            <ns2:noOfUnitsOutstanding>20623682</ns2:noOfUnitsOutstanding>
            <ns2:approxSaleDate>03/13/2026</ns2:approxSaleDate>
            <ns2:securitiesExchangeName>NASD</ns2:securitiesExchangeName>
        </ns2:securitiesInformation>
        <ns2:securitiesToBeSold>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:acquiredDate>04/14/2014</ns2:acquiredDate>
            <ns2:natureOfAcquisitionTransaction>Private placement from issuer</ns2:natureOfAcquisitionTransaction>
            <ns2:nameOfPersonfromWhomAcquired>Phibro Animal Health Corporation</ns2:nameOfPersonfromWhomAcquired>
            <ns2:isGiftTransaction>N</ns2:isGiftTransaction>
            <ns2:amountOfSecuritiesAcquired>246400</ns2:amountOfSecuritiesAcquired>
            <ns2:paymentDate>04/14/2014</ns2:paymentDate>
            <ns2:natureOfPayment>Exchange of Securities</ns2:natureOfPayment>
        </ns2:securitiesToBeSold>
        <ns2:nothingToReportFlagOnSecuritiesSoldInPast3Months>N</ns2:nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/07/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>328</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>13148.77</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/09/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>213</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>8554.08</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/13/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>7551</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>304421.59</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/14/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3651</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>147983.06</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/15/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>2932</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>117348.32</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/21/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>14687</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>612127.72</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/22/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>13158</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>552418.89</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/23/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1235</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>50083.94</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/29/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>6772</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>271687.22</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>01/30/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>6693</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>268349.81</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/03/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>9660</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>400609.86</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/04/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>144863.49</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/05/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>161658.46</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/05/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>58042</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>2835258.83</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/05/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>49280</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>2365183.74</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/10/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>7040</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>363879.3</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/10/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>26846</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>1391159.72</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/10/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>24128</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>1250486.68</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/11/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1864</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>96098.52</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/11/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90688.4</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/11/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>10560</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>545398.66</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/13/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>91485.5</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/13/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>91465.44</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/13/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>182870.34</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/18/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>180975.52</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/18/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90437.95</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/18/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90411.2</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/19/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>88239.89</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/19/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>177321.76</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/19/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>88246.05</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/20/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>181427.14</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/20/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90282.72</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/20/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90257.2</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/24/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90164.62</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/24/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>181294.78</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/24/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90170.96</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/25/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90976.16</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/25/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>90941.66</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/25/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>182123.39</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/26/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>94461.49</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/26/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>3520</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>189219.71</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:securitiesSoldInPast3Months>
            <ns2:sellerDetails>
                <ns2:name>BFI Co. LLC</ns2:name>
                <ns2:address>
                    <com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
                    <com:street2>300 Frank W. Burr Boulevard, Suite 21</com:street2>
                    <com:city>Teaneck</com:city>
                    <com:stateOrCountry>NJ</com:stateOrCountry>
                    <com:zipCode>07666</com:zipCode>
                </ns2:address>
            </ns2:sellerDetails>
            <ns2:securitiesClassTitle>Class A Common Stock</ns2:securitiesClassTitle>
            <ns2:saleDate>02/26/2026</ns2:saleDate>
            <ns2:amountOfSecuritiesSold>1760</ns2:amountOfSecuritiesSold>
            <ns2:grossProceeds>94585.04</ns2:grossProceeds>
        </ns2:securitiesSoldInPast3Months>
        <ns2:remarks>The sales of shares set forth herein are made in connection with a selling plan dated 12/11/2025 that is intended to comply with Rule 10b5-1(c).</ns2:remarks>
        <ns2:noticeSignature>
            <ns2:noticeDate>03/13/2026</ns2:noticeDate>
            <ns2:planAdoptionDates>
                <ns2:planAdoptionDate>12/11/2025</ns2:planAdoptionDate>
            </ns2:planAdoptionDates>
            <ns2:signature>Goldman Sachs &amp; Co. LLC on behalf of Jack Bendheim</ns2:signature>
        </ns2:noticeSignature>
    </ns2:formData>
</ns2:edgarSubmission>
