Form 4: Flowers Foods Director George E. Deese Reports Gift of Shares and Beneficial Ownership Changes
SEC Form 4 Filing
Director George E. Deese reports a gift of Flowers Foods shares and adjustments to beneficial ownership, including holdings through family trusts and LLCs.
Summary
- On March 17, 2025, George E. Deese, a director of Flowers Foods Inc., reported a transaction involving the gift of common stock.
- He gifted 19,500 shares of common stock directly and another 19,500 shares indirectly.
- Following the transaction, Deese directly owns 1,992,420 shares.
- Deese also has indirect ownership through family trusts (334,178 shares), his spouse (50,301 shares), an IRA (13,717 shares), and a family LLC (675,000 shares).
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership structure, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Gift of common stock. |
| 03/19/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Director, George E. Deese, Flowers Foods, FLO, Stock Gift, Family Trusts, Family LLC
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