Form 4: Flowers Foods COO Heeth Varnedoe IV Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 06/20/2024 | Date of statement regarding shares acquired through reinvestment of dividends. |
| 09/10/2024 | Date of transactions involving gifting and acquisition of Flowers Foods common stock. |
| 09/11/2024 | Date of signature on the Form 4 filing. |
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