GASS RHONDA 4

What Happened Rhonda Gass, a director of Flowers Foods, reported multiple derivative exercises/conversions and stock awards on 2026-02-15. The filing shows exercises/conversions of 6,099 and 4,223 shares that were also disposed the same date (total disposed 10,322 shares), and grants/settlements of 799 and 583 shares (total received 1,382 shares). All transactions are reported at $0 per share (reflecting deferred-share/dividend-equivalent treatment or no exercise/conversion price).

Key Details

• Transaction date: February 15, 2026; Form 4 filed February 17, 2026 (timely filing).
• Exercises/conversions (code M): 6,099 shares and 4,223 shares — both recorded as acquired and then disposed the same date (total disposed 10,322).
• Awards/grants (code A): 799 shares and 583 shares (total acquired 1,382); filings note these include dividend-equivalent units settled in stock and were granted under the company’s omnibus equity plan.
• Price: $0.00 per share for all reported items (see footnotes: dividend equivalents settled in common stock; deferred shares have no conversion/exercise price; no expiration date for certain instruments).
• Shares owned following the transactions: not specified in the provided entries.

Context

• The filing shows exercised/converted shares were disposed the same day they were acquired, which is commonly seen when exercised shares are immediately sold or transferred; the concurrent “acquired” and “disposed” entries indicate no net long position from those exercises alone.
• The 1,382 shares from awards/settlements are director compensation (deferred shares/dividend equivalents) and do not, by themselves, necessarily indicate the director’s view of the stock.
• No late filing flag was indicated; this Form 4 was filed within two business days of the reported transactions.