Flowers Foods (NYSE: FLO) director converts and forfeits deferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowers Foods director Thomas Caldecot Chubb III reported compensation-related share movements. On June 4, 2026, he exercised 3,710 shares of deferred stock into common stock, bringing his directly held common stock to 58,921 shares. The deferred awards carried a $0.00 conversion price under the company’s 2026 Equity and Incentive Compensation Plan.
On the same date, 18,550 deferred shares were forfeited back to the issuer in connection with his resignation from the Board of Directors, effective June 4, 2026. These actions reflect plan mechanics rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,710 shares exercised/converted
Mixed
3 txns
Insider
Chubb Thomas Caldecot III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock | 3,710 | $0.00 | -- |
| Disposition | Deferred Stock | 18,550 | $0.00 | -- |
| Exercise | Common Stock | 3,710 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock — 18,550 shares (Direct, null);
Common Stock — 58,921 shares (Direct, null)
Footnotes (1)
- Granted under the Flowers Foods, Inc. 2026 Equity and Incentive Compensation Plan. In accordance with the terms of the Deferred Shares Agreement for Directors, the deferred shares awarded do not have a conversion or exercise price. No expiration date. Forfeiture of deferred shares upon the reporting person's resignation from the Board of Directors, effective June 4, 2026.
Key Figures
Deferred stock exercised: 3,710 shares
Deferred stock forfeited: 18,550 shares
Common shares held after: 58,921 shares
+1 more
4 metrics
Deferred stock exercised
3,710 shares
Deferred stock converted to common stock on June 4, 2026
Deferred stock forfeited
18,550 shares
Forfeiture to issuer upon board resignation on June 4, 2026
Common shares held after
58,921 shares
Direct Flowers Foods common stock holdings following transactions
Conversion price
$0.00 per share
Deferred stock awards had no conversion or exercise price
Key Terms
Deferred Stock, Flowers Foods, Inc. 2026 Equity and Incentive Compensation Plan, Deferred Shares Agreement for Directors, Disposition to issuer
4 terms
Deferred Stock financial
"The deferred shares awarded do not have a conversion or exercise price."
Flowers Foods, Inc. 2026 Equity and Incentive Compensation Plan financial
"Granted under the Flowers Foods, Inc. 2026 Equity and Incentive Compensation Plan."
Disposition to issuer financial
"Disposition to issuer"
FAQ
What did Flowers Foods (FLO) director Thomas Chubb report in this Form 4?
Thomas Caldecot Chubb III reported exercising 3,710 deferred stock shares into common stock and forfeiting 18,550 deferred shares back to Flowers Foods upon his board resignation effective June 4, 2026. These were plan-driven, non‑market transactions.
Were Thomas Chubb’s Flowers Foods transactions open-market buys or sells?
The transactions were not open-market buys or sells. They involved exercising 3,710 deferred stock shares into common stock at a $0.00 conversion price and forfeiting 18,550 deferred shares back to the issuer under compensation plan terms.
What compensation plan governs Thomas Chubb’s Flowers Foods deferred stock?
The deferred stock awards were granted under the Flowers Foods, Inc. 2026 Equity and Incentive Compensation Plan. Under the Deferred Shares Agreement for Directors, these deferred shares have no exercise price and are subject to forfeiture upon certain events, including resignation.