GASS RHONDA 4
Research Summary
AI-generated summary
Flowers Foods (FLO) Director Rhonda Gass Receives Award
What Happened
- Rhonda Gass, a director of Flowers Foods, received an award of 22,260 deferred shares on May 29, 2026. The Form 4 reports the acquisition price as $0 (these are compensation-based deferred shares, not an open-market purchase).
Key Details
- Transaction date: 2026-05-29 (Form 4 filed 2026-06-01; filing appears timely).
- Transaction type: Award/Grant (code A).
- Shares granted: 22,260 deferred shares; reported acquisition price $0 (no cash paid).
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes:
- F1: Granted under the Flowers Foods, Inc. 2026 Equity and Incentive Compensation Plan.
- F2: Deferred shares have no conversion or exercise price.
- F3: No expiration date for these awards.
- Derivative details: These are deferred-share awards (a form of equity compensation), not option exercises or purchases.
Context
- Deferred-share awards are compensation for directors and typically convert to common stock or cash at a future date per plan/agreements; they do not indicate an outright market purchase or sale by the insider. Because no market value is reported on the Form 4 (price shown as $0 for the award), any economic value will depend on Flowers Foods' stock price when the deferred shares vest or are settled.