Flowers Foods Updates Executive Change of Control Compensation Plan
Flowers Foods Inc. has updated its Change of Control Plan for executives, including a prorated bonus, revised medical cost payments, and updated definitions for "Change of Control" and "Good Reason." Restrictive covenants are now in a separate agreement. This AI-generated brief is informational and not financial advice.
Flowers Foods Inc. has amended and restated its Change of Control Plan for named executive officers. Key updates include the addition of a prorated target-level bonus for the year of termination, a revised lump sum payment for medical costs based on the greater of 18 months or the executive’s severance multiple times 12 months of COBRA premiums, and updated definitions of “Change of Control” and “Good Reason” to match those in the company’s Omnibus Equity and Incentive Compensation Plan. Restrictive covenants have been moved to a separate separation agreement that must be signed for severance benefits to be received. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flowers Foods Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-288244), on November 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
