Chubb Thomas Caldecot III 4

What Happened
Chubb Thomas Caldecot III, a director of Flowers Foods, converted and then disposed of deferred/derivative awards on June 4, 2026, resulting in a total return/forfeiture of 22,260 shares to the company. Transactions listed: a conversion/exercise (code M) of 3,710 shares at $0.00 (acquired) immediately followed by a disposition of those 3,710 shares (code M) at $0.00, plus a disposition to the issuer (code D) of 18,550 shares at $0.00. No cash changed hands—these were not open-market sales but conversion/return of deferred shares tied to his resignation.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely filing).
• Prices: all transactions reported at $0.00; total proceeds reported $0.
• Shares disposed/forfeited: 3,710 (conversion then disposition) + 18,550 (disposition to issuer) = 22,260 shares.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: awards 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); forfeiture of deferred shares upon the reporting person’s resignation from the Board, effective June 4, 2026 (F4).

Context
These entries reflect conversion/forfeiture of director deferred-share awards tied to a board resignation, not an open-market sale or purchase. Because the transactions are derivative conversions and returns at $0.00, they do not represent a cash-in transaction or a direct signal of buying/selling intent in the market.