Form 4: 1-800 FLOWERS.COM CFO William E. Shea Reports Share Disposition for Tax Purposes

William E. Shea, CFO of 1-800 FLOWERS.COM, disposed of 6,914 shares of Class A Common Stock to cover tax obligations related to vesting restricted shares.

Summary

• William E. Shea, the Chief Financial Officer and Senior Vice President of 1-800 FLOWERS.COM, reported a transaction involving the disposition of company stock.
• On December 16, 2024, Mr. Shea disposed of 6,914 shares of Class A Common Stock at a price of $7.85 per share.
• This disposition was not a sale on the open market but rather a withholding of shares by the company to cover tax obligations arising from the vesting of restricted stock.
• Following this transaction, Mr. Shea directly owns 326,190 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to a stock transaction for tax purposes. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation. It does not indicate any change in the company's performance or outlook.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive compensation practices.
• Similar filings are regularly made by executives at comparable companies such as FTD Companies and Teleflora, when they have stock transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax-related stock disposition by an executive.

Key Dates

Keywords

SEC Form 4, 1-800 FLOWERS.COM, William E. Shea, stock disposition, insider trading, tax withholding, Class A Common Stock, restricted shares