Flowers Foods (FLO) Director James Spear Receives 22,260-Share Award

What Happened
James T. Spear, a director of Flowers Foods, Inc. (FLO), received an award of 22,260 deferred shares on May 29, 2026. The Form 4 lists this as a derivative award (code A) with an acquisition price of $0.00. This is a compensation grant under the company’s 2026 Equity and Incentive Compensation Plan rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-29 (reported on Form 4 filed 2026-06-01)
• Transaction type/code: Award (A) — deferred shares (derivative)
• Shares granted: 22,260; reported acquisition price: $0.00
• Plan/footnotes: Granted under the Flowers Foods, Inc. 2026 Equity and Incentive Compensation Plan (F1); deferred shares have no conversion/exercise price (F2); no expiration date (F3)
• Shares owned after transaction: Not specified in the filing
• Timeliness: Filing date (2026-06-01) appears to be within the Form 4 reporting window (timely)

Context
Deferred share awards are compensation to insiders and typically subject to vesting or conversion conditions; they are not the same as an open-market purchase or a sale and therefore do not directly signal a buy or sell decision. The $0.00 acquisition price reflects that these are granted awards (no cash outlay) rather than options requiring exercise.