Form 4: Flowers Foods COO Heeth Varnedoe IV Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Heeth Varnedoe IV, President and COO of Flowers Foods, reported changes in his beneficial ownership of company stock on September 10, 2024, involving both direct and indirect holdings.

Summary

  • On September 10, 2024, Heeth Varnedoe IV, the President and COO of Flowers Foods, reported changes in his beneficial ownership of Flowers Foods Inc. stock.
  • The transactions involved the gifting of 3,000 shares of common stock directly and 19,000 shares of common stock to a trust for his children.
  • Varnedoe also acquired 19,000 shares of common stock indirectly through a trust for his children.
  • Following these transactions, Varnedoe directly owns 29,292.9165 shares and indirectly owns 19,000 shares through a trust for his children.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in insider ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
06/20/2024Date of statement regarding shares acquired through reinvestment of dividends.
09/10/2024Date of transactions involving gifting and acquisition of Flowers Foods common stock.
09/11/2024Date of signature on the Form 4 filing.

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