Ryals McMullian - 02 Jan 2026 Form 4 Insider Report for FLOWERS FOODS INC (FLO)

Signature
/s/ Stephanie B. Tillman, Agent
Issuer symbol
FLO
Transactions as of
02 Jan 2026
Net transactions value
-$2,271,663
Form type
4
Filing time
06 Jan 2026, 20:29:27 UTC
Previous filing
26 Sep 2025
Next filing
04 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
McMullian Ryals Chairman and CEO, Director 1919 FLOWERS CIRCLE, THOMASVILLE /s/ Stephanie B. Tillman, Agent 06 Jan 2026 0001714892

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLO Common Stock Sale $2,271,663 -209,000 -17% $10.87 1,022,380 02 Jan 2026 Dellwood-McMullian Holdings, LLC F1, F2, F3
transaction FLO Common Stock Award $0 +172,170 +15% $0.000000 1,333,988 04 Jan 2026 Direct F4
holding FLO Common Stock 6,682 02 Jan 2026 By 401(k) F5
holding FLO Common Stock 22,088 02 Jan 2026 By Spouse F6
holding FLO Common Stock 126,383 02 Jan 2026 By Trusts for Minor Children F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.78 to $10.895, inclusive. The reporting person undertakes to provide to Flowers Foods, Inc., any security holder of Flowers Foods, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.
F2 The reported transactions were made as part of transactions conducted by the managers of Dellwood-McMullian Holdings, LLC (the "Family LLC") related to holdings in family trusts originally settled by the reporting person's father for the benefit of all of his descendants. The reported securities are held by the Family LLC, a limited liability company in which the Amos Ryals McMullian, Jr. Trust (the "Trust") owns 50% of the Class B (Nonvoting) Membership Units, the reporting person's sister owns all of the Class A (Voting) Membership Units, and a trust for the benefit of the reporting person's sister and her family owns the remaining 50% of the Class B (Nonvoting) Membership Units.
F3 The reporting person is the trustee and a beneficiary of the Trust. The reporting person is not a manager of the Family LLC or a trustee or beneficiary of his sister's trust and has no investment authority or voting or dispositive power over the shares of common stock of Flowers Foods, Inc. owned by the Family LLC.
F4 Total includes shares acquired through reinvestment of dividends, based upon a statement dated 9/19/2025.
F5 Total includes exempt acquisitions of shares allocated to reporting person under Issuer's 401(k) Plan, based upon a plan statement dated as of 12/12/2025.
F6 Beneficial ownership is disclaimed.
F7 Total of shares held in irrevocable trusts established for the benefit of reporting person's minor children, over which shares reporting person does not have investment authority or voting or dispositive power.