Form 4: Flowers Foods Director Wood C. Martin III Reports Stock Transactions

Director Wood C. Martin III reports acquisition and disposal of Flowers Foods (FLO) stock, including transactions related to deferred stock and 401(k) plan.

Summary

• On May 23, 2024, Wood C. Martin III, a director of Flowers Foods Inc. (FLO), reported transactions involving the company's stock.
• These transactions included the acquisition of 5,940 shares of common stock through the exercise of deferred stock awards.
• Martin also disposed of 5,940 shares of deferred stock.
• Following these transactions, Martin directly owns 6,570 shares of deferred stock and indirectly owns 1,251,688 shares through a 401(k) plan, 6,527,872 shares through a spouse, and 17,934 shares through a trust.
• The deferred stock was granted under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan (Amended and Restated Effective May 25, 2023).

Sentiment

Score: 5

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

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for directors and officers to report changes in their beneficial ownership of company stock.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates