Form 4: Flowers Foods Counsel Reports Stock Disposition

Flowers Foods' Chief Legal Counsel, Stephanie B. Tillman, reported the disposition of 4,114 shares of common stock, likely for tax purposes.

Summary

• Stephanie B. Tillman, Chief Legal Counsel of Flowers Foods Inc. (FLO), reported changes in beneficial ownership.
• On January 5, 2026, Tillman disposed of 1,978 shares of common stock at a price of $10.32 per share.
• On the same date, Tillman also disposed of 2,136 shares of common stock at a price of $10.32 per share.
• The total number of shares disposed of was 4,114.
• These transactions were coded "F," indicating shares withheld for tax purposes related to the vesting or exercise of equity awards.
• Following these transactions, Tillman directly beneficially owns 99,713 shares of common stock.
• Additionally, Tillman indirectly owns 631.1 shares through the Issuer's 401(k) Plan and 600 shares as custodian for children's accounts.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions (disposition of shares for tax withholding purposes) and does not indicate any significant positive or negative discretionary actions by the insider or the company.

Positives

• The transactions are coded "F," indicating shares were withheld for tax purposes, which is a routine event related to equity compensation and not typically a discretionary sale.

Negatives

• The disposition of shares, even for tax purposes, reduces the insider's direct ownership stake in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal impact as these are routine, non-discretionary sales for tax purposes related to equity compensation.

Key Dates

Keywords

FLOWERS FOODS, FLO, Insider Transaction, Form 4, Beneficial Ownership, Stephanie B. Tillman, Equity Compensation, Stock Disposition, Tax Withholding