Form 4: Flowers Foods Inc. Executive Stephanie Tillman Reports Stock Transactions

Stephanie Tillman, Chief Legal Counsel at Flowers Foods Inc., reported acquiring and disposing of company stock, including shares from a 401(k) plan and tax withholding.

Summary

• Stephanie Tillman, Chief Legal Counsel at Flowers Foods Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On December 29, 2024, she acquired 12,990 shares of common stock at $0, likely through a company plan.
• On January 5, 2025, she disposed of 1,986 shares at $20.14 per share, likely for tax withholding purposes.
• Following these transactions, Ms. Tillman directly owns 59,935 shares of common stock.
• She also has indirect ownership of 590.5 shares through a 401(k) plan and 600 shares as custodian for children's accounts.

Sentiment

Score: 7

Explanation: The document is a routine filing of stock transactions by an executive, which is neither positive nor negative for the company's overall performance. The transactions are expected and do not indicate any significant change in the company's outlook.

Industry Context

This is a routine filing for an executive at a public company, disclosing changes in their stock ownership. It is common for executives to receive stock as part of their compensation and to sell shares for tax purposes.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders at publicly traded companies like Flowers Foods Inc.
• The transactions reported are typical for executives who receive stock-based compensation and participate in company 401(k) plans.
• The disposal of shares for tax withholding is a common occurrence after stock vesting or allocation.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are routine and do not indicate a change in the company's fundamentals.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Flowers Foods Inc, Stock Transactions, Beneficial Ownership, Stephanie Tillman, Chief Legal Counsel, 401(k), Tax Withholding