Vanguard disaggregates holdings; reports 0 Shares in Flowers Foods (FLO)

Rhea-AI Filing Summary

Flowers Foods Inc Schedule 13G/A amendment: The Vanguard Group reports 0 shares beneficially owned of Flowers Foods common stock following an internal realignment and disaggregation of certain subsidiaries, in accordance with SEC Release No. 34-39538.

The filing states Vanguard's subsidiaries or divisions that formerly reported with The Vanguard Group will now report separately and that Vanguard no longer is deemed to have beneficial ownership of those securities.

Insights

Institutional Ownership Analyst

Vanguard reports zero beneficial ownership in FLO after internal reorganization.

The filing records 0 shares beneficially owned and 0% of the class as of the amendment, citing an internal realignment and reliance on SEC Release No. 34-39538 for disaggregated reporting. This is an administrative reporting change driven by entity-level reporting adjustments rather than a market transaction.

Cash‑flow treatment or trading activity is not disclosed; subsequent filings from Vanguard or affected subsidiaries may show refiled positions under different reporting names.

Corporate Governance Specialist

Change reflects reporting attribution, not a change in ownership economics disclosed here.

The amendment explains that certain Vanguard subsidiaries/divisions will now report separately and that The Vanguard Group is no longer deemed to beneficially own those securities under the cited SEC release. The statement preserves the investment strategies of the disaggregated entities.

Because the filing is procedural, its immediate governance impact on Flowers Foods is limited; any investor implications depend on later disclosures showing which Vanguard entities hold positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/26/2026 - 06:37 PM Learn about SEC filing dates

FAQ

What does The Vanguard Group's Schedule 13G/A for FLO state?

The filing states 0 shares beneficially owned and 0% of the class by The Vanguard Group after an internal realignment. It cites SEC Release No. 34-39538 and says certain subsidiaries will report separately going forward.

Does the amendment show Vanguard sold Flowers Foods shares?

No. The amendment describes an internal realignment and disaggregated reporting; it does not disclose any sale or purchase transactions or cash proceeds related to Flowers Foods common stock.

Why does Vanguard report zero ownership after the realignment?

Vanguard explains that, under SEC Release No. 34-39538, certain subsidiaries/divisions now report separately and Vanguard is no longer deemed to beneficially own securities held by those entities, resulting in the reported 0 shares.

Will this filing change Flowers Foods' shareholder register?

The filing is an ownership attribution statement by Vanguard and does not itself alter the issuer's shareholder register; any record changes would stem from actual transfers recorded through brokers or the transfer agent.

Where can investors find follow-up disclosures about Vanguard's holdings in FLO?

Follow-up information may appear in subsequent Section 13 filings by Vanguard subsidiaries or The Vanguard Group; this amendment indicates affected entities will report separately under the cited SEC release.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 12)

Flowers Foods Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

(CUSIP Number)

03/13/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP No.

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Flowers Foods Inc
(b)	Address of issuer's principal executive offices: 1919 Flowers Cir, Thomasville, GA, 31757
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/26/2026