CEO McMullian Ryals sells 209,000 shares (20.4% of holdings) at $8.03; stock now -57.1% from 52-week high, -23.6% in 90 days
McMullian Ryals sold 209,000 shares at $8.03 on 2026-04-01, reducing his FLO holdings from 1.02M to 813.4K shares. The transaction occurs as the stock trades at $8.24, down 57.1% from its 52-week high of $19.21 and down 23.6% over the past 90 days. His prior two open-market sells across all tickers showed a 100% well-timed rate at the 90-day mark (average 90-day return -19.7%), and at FLO specifically, his last two sales in January and September 2025 were followed by declines of 24.2% and 15.2% respectively. The current sale occurs at price levels approaching the 52-week low of $8.13, consistent with his established pattern of sells preceding downward price movement. Investors should track whether this sale precedes further deterioration given the weak fundamentals (P/E of 58.86, modest 3.0% annual revenue growth) and the stock's extended decline from peak valuations.