Equity award and tax-withholding share disposition for Flowers Foods (NYSE: FLO) CSCO
Rhea-AI Filing Summary
Flowers Foods Chief Supply Chain Officer Thomas L. Winters reported equity compensation activity involving company common stock. On the transaction date, he acquired 10,921 shares through a grant or award at a price of $0.0000 per share, reflecting vesting of contingent performance share units under the company’s 2014 Omnibus Equity and Incentive Compensation Plan. In a related tax-withholding disposition, 4,419 shares were delivered at $9.6500 per share to cover tax obligations, leaving him with 50,384 shares of common stock held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,502 shares
Net Buy
2 txns
Insider
Winters Thomas L
Role
Chief Supply Chain Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,921 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,419 | $9.65 | $43K |
Holdings After Transaction:
Common Stock — 50,384 shares (Direct)
Footnotes (1)
- F1. Vesting of contingent performance share units granted under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan (Amended and Restated Effective May 25, 2023).
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FAQ
What insider transactions did Flowers Foods (FLO) report for Thomas L. Winters?
Flowers Foods reported that Chief Supply Chain Officer Thomas L. Winters received a grant of 10,921 common shares and had 4,419 shares disposed of to cover tax obligations. These transactions are part of his equity compensation, leaving him with 50,384 directly held shares.
Was the Flowers Foods (FLO) insider transaction a stock purchase or sale?
The activity was primarily an equity award and related tax-withholding disposition, not an open-market stock purchase or sale. Winters received 10,921 shares through vesting and 4,419 shares were delivered to satisfy tax liabilities tied to that vesting.
What is the nature of the equity award reported for Flowers Foods (FLO) executive Thomas L. Winters?
The award represents vesting of contingent performance share units under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan. This vesting resulted in the acquisition of 10,921 common shares, highlighting performance-based long-term compensation for the executive.
Does the Flowers Foods (FLO) Form 4 indicate open-market trading by Thomas L. Winters?
No, the Form 4 indicates an equity grant and a tax-withholding disposition, not open-market trading. The acquisition reflects vesting of performance share units, while the disposition covers tax obligations associated with that vesting event.