Casey Edward J. Jr. 4
Research Summary
AI-generated summary
Flowers Foods (FLO) Director Casey Edward J. Jr. Exercises 9,350 Shares
What Happened Casey Edward J. Jr., a director of Flowers Foods, reported an exercise/conversion of derivative awards (transaction code M) for 9,350 shares on 2026-05-29. The Form 4 shows an "Acquired" entry and a corresponding "Disposed" entry for 9,350 shares at $0.00; footnotes indicate these were deferred shares with no conversion/exercise price and were granted under the company’s 2014 Omnibus Equity and Incentive Compensation Plan (Amended May 25, 2023). No cash proceeds or open-market sale value is reported.
Key Details
- Transaction date: 2026-05-29; filing date: 2026-06-01 (filed within the two-business-day requirement).
- Reported amounts: 9,350 shares acquired via exercise/conversion; 9,350 shares shown as disposed (derivative), price $0.00.
- Transaction code: M = exercise or conversion of derivative securities.
- Footnotes: F1 = granted under the 2014 Omnibus plan (amended May 25, 2023); F2 = deferred shares have no conversion/exercise price; F3 = no expiration date.
- Shares owned after the transaction are not provided in the excerpt supplied.
Context This filing documents the conversion of deferred/share-based compensation rather than a cash purchase or an open-market sale. Such conversions are typically administrative (vesting/conversion of deferred awards) and do not necessarily signal new buying or selling intent by the insider.