Form 4: Flowers Foods Director Wood C Martin III Reports Stock Gift and Beneficial Ownership

Director Wood C Martin III reported a gift of 300 shares of Flowers Foods common stock and disclosed beneficial ownership of over 6.5 million shares held by spouse.

Summary

• On September 3, 2024, Wood C Martin III, a director of Flowers Foods Inc., reported a transaction involving the company's common stock.
• The transaction involved a gift of 300 shares of common stock.
• Following the reported transaction, Martin directly owns 1,250,888 shares of common stock.
• Martin also indirectly owns 474.64 shares through a 401(k) plan, 6,527,872 shares by spouse, and 17,934 shares by trust.
• He also holds 6,570 deferred stock shares granted under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan, which vest on May 22, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates