Family entity for Flowers (NYSE: FLO) CEO sells 209K indirect shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowers Foods reported an insider-related transaction involving a family investment entity connected to Chairman and CEO Ryals McMullian. Dellwood-McMullian Holdings, LLC, a family LLC, executed an open-market sale of 209,000 shares of common stock at a weighted average price of $8.0349 per share, in multiple trades between $8.00 and $8.15. After the sale, the family LLC held 813,380 shares. McMullian separately is shown with 1,358,940.281 shares held directly, plus additional indirect holdings through a 401(k), his spouse, and irrevocable trusts for his minor children. Footnotes state he has no investment, voting, or dispositive power over the shares owned by the family LLC, and beneficial ownership of certain indirect holdings is disclaimed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 209,000 shares ($1,679,294)
Net Sell
5 txns
Insider
McMullian Ryals
Role
Chairman and CEO
Sold
209,000 shs ($1.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 209,000 | $8.0349 | $1.68M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 813,380 shares (Indirect, Dellwood-McMullian Holdings, LLC);
Common Stock — 1,358,940.281 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.15, inclusive. The reporting person undertakes to provide to Flowers Foods, Inc., any security holder of Flowers Foods, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote. The reported transactions were made as part of transactions conducted by the managers of Dellwood-McMullian Holdings, LLC (the "Family LLC") related to holdings in family trusts originally settled by the reporting person's father for the benefit of all of his descendants. The reported securities are held by the Family LLC, a limited liability company in which the Amos Ryals McMullian, Jr. Trust (the "Trust") owns 50% of the Class B (Nonvoting) Membership Units, the reporting person's sister owns all of the Class A (Voting) Membership Units, and a trust for the benefit of the reporting person's sister and her family owns the remaining 50% of the Class B (Nonvoting) Membership Units. The reporting person is the trustee and a beneficiary of the Trust. The reporting person is not a manager of the Family LLC or a trustee or beneficiary of his sister's trust and has no investment authority or voting or dispositive power over the shares of common stock of Flowers Foods, Inc. owned by the Family LLC. Total includes shares acquired through reinvestment of dividends, based upon a statement dated 3/20/2026. Total includes exempt acquisitions of shares allocated to reporting person under Issuer's 401(k) Plan, based upon a plan statement dated as of 3/31/2026. Beneficial ownership is disclaimed. Total of shares held in irrevocable trusts established for the benefit of reporting person's minor children, over which shares reporting person does not have investment authority or voting or dispositive power.
Key Figures
Shares sold: 209,000 shares
Weighted average sale price: $8.0349 per share
Price range of trades: $8.00–$8.15 per share
+5 more
8 metrics
Shares sold
209,000 shares
Open-market sale by Dellwood-McMullian Holdings, LLC
Weighted average sale price
$8.0349 per share
Common stock sale on transaction date
Price range of trades
$8.00–$8.15 per share
Multiple sale transactions included in reported trade
Family LLC holdings after sale
813,380 shares
Common stock held by Dellwood-McMullian Holdings, LLC
Direct shares held by McMullian
1,358,940.281 shares
Common stock reported as directly owned
401(k) indirect holdings
7,461.56 shares
Shares in issuer’s 401(k) plan
Spouse indirect holdings
22,088 shares
Common stock held by spouse
Minor children trusts holdings
130,165.1032 shares
Irrevocable trusts for minor children
Key Terms
weighted average price, open-market sale, beneficial ownership is disclaimed, 401(k) Plan, +2 more
6 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership is disclaimed financial
"Beneficial ownership is disclaimed."
401(k) Plan financial
"exempt acquisitions of shares allocated to reporting person under Issuer's 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
irrevocable trusts financial
"Total of shares held in irrevocable trusts established for the benefit of reporting person's minor children"
voting or dispositive power financial
"has no investment authority or voting or dispositive power over the shares of common stock"
FAQ
What insider transaction did Flowers Foods (FLO) report for Ryals McMullian?
Flowers Foods reported an open-market sale of 209,000 common shares at a weighted average price of $8.0349, executed by Dellwood-McMullian Holdings, LLC, a family entity associated with Chairman and CEO Ryals McMullian, rather than a personal direct sale by McMullian himself.
What direct Flowers Foods (FLO) holdings does Ryals McMullian report after this filing?
Ryals McMullian reports 1,358,940.281 Flowers Foods common shares held directly. Separate lines show additional indirect positions through a 401(k) account, his spouse, and trusts for his minor children, with some of these indirect holdings subject to beneficial ownership disclaimers.