Chubb Thomas Caldecot III 4

What Happened

• Director Chubb Thomas Caldecot III reported three linked transactions on May 29, 2026. He exercised/converted a derivative for 9,350 shares (code M) at $0.00, those same 9,350 shares were reported as disposed (also at $0.00), and he was granted/awarded 22,260 shares (code A) at $0.00. The filing shows $0.00 per-share prices for these derivative conversions/awards, so no cash purchase price or sale proceeds are disclosed.

Key Details

• Transaction date: 2026-05-29; Filing date (Accession): 2026-06-01 (appears timely — within the Form 4 two-business-day filing window).
• Transactions: M (exercise/conversion) — 9,350 shares acquired @ $0.00; M (disposition) — 9,350 shares disposed @ $0.00; A (award/grant) — 22,260 shares acquired @ $0.00.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: Grants under the Flowers Foods, Inc. 2014 Omnibus Equity & Incentive Compensation Plan and the 2026 Equity & Incentive Compensation Plan (F1, F4); the deferred shares awarded have no conversion/exercise price and no expiration date (F2, F3).
• Codes used: M = exercise/conversion of derivative; A = award/grant.

Context

• The filing shows an exercise/conversion followed immediately by a disposition of the same 9,350 derivative shares, and a separate award of 22,260 deferred shares. Form 4s for derivative exercises and awards frequently reflect plan mechanics (e.g., conversions, tax-withholding arrangements, or issuance of deferred shares) rather than open-market buying or selling. The filing does not state the reason for the immediate disposition, nor any cash amounts exchanged.