Form 4: Flowers Foods Executive Terry S. Thomas Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Growth Officer of Flowers Foods, Terry S. Thomas, disposed of 6,596 shares of common stock on February 13, 2025, to cover tax obligations.
Summary
- On February 13, 2025, Terry S. Thomas, Chief Growth Officer of Flowers Foods Inc., disposed of 6,596 shares of common stock.
- The transaction was executed at a price of $18.79 per share.
- Following the transaction, Thomas directly owns 49,859.1959 shares of Flowers Foods Inc.
- The sale was likely to cover tax obligations related to vesting of stock awards.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider transaction, and the sentiment is neutral. The sale appears to be for tax purposes, which is a common practice.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 12/13/2024 | Date of statement regarding shares acquired through reinvestment of dividends. |
| 02/13/2025 | Date of the transaction where Terry S. Thomas disposed of shares. |
| 02/14/2025 | Date of signature of the report. |
Keywords
Form 4, Flowers Foods Inc, Terry S. Thomas, insider trading, stock disposal, Chief Growth Officer, FLO
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