Form 4: Flowers Foods Chief Growth Officer Terry S. Thomas Sells Shares
SEC Form 4 Filing
Terry S. Thomas, Chief Growth Officer of Flowers Foods Inc., sold 36,577.1422 shares of common stock at a weighted average price of $23.1063 on March 11, 2024.
Summary
- On March 11, 2024, Terry S. Thomas, the Chief Growth Officer of Flowers Foods Inc., sold 36,577.1422 shares of the company's common stock.
- The shares were sold at a weighted average price of $23.1063.
- The price ranged from $23.09 to $23.14.
- Following the transaction, Thomas directly owns 42,740.1959 shares of Flowers Foods Inc.
- This total includes shares acquired through reinvestment of dividends, based upon a statement dated 12/15/2023.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an insider stock sale, which is neutral in sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but it is a common practice and does not necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 12/15/2023 | Date of statement regarding shares acquired through reinvestment of dividends. |
| 03/11/2024 | Date of the stock sale transaction. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
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