No. This is the file that the compiler is looking for: Institute_Papyrus_Flags.flg
Skyrim has a TESV_Papyrus_Flags.flg file in with the source files (PSC)
Presumably that is where FO4's flag file should be located too.
FYI - With regards to Papyrus, the game in question uses the PEX files while the editor in question uses the PSC files.
I looked it up and found a similar Skyrim post but I don't have a scripts.zip or anything like that in the ba2 file that had the other scripts. The file they had there is for Skyrim so it wouldn't help me. It's almost like there's some unspoken Internet rule against posting scripting tutorials/help for FO4 online. lol
Ulfric, if you want to I can upload them for you
That'd be great if you could. Sometimes I question Bethesda as a modder friendly gaming company if I'm being honest...