Form 4: 1-800 FLOWERS COM INC: CFO William E. Shea Reports Stock Disposals for Tax Obligations

Chief Financial Officer William E. Shea disposed of shares of 1-800 FLOWERS COM INC to cover tax obligations upon the vesting of restricted stock.

Summary

• On November 7, 2024, William E. Shea, the Chief Financial Officer & SVP of 1-800 FLOWERS COM INC, disposed of 12,762 shares of Class A Common Stock at a price of $8.88.
• Following this transaction, Shea directly owns 338,008 shares of Class A Common Stock.
• On November 8, 2024, Shea disposed of 4,904 shares of Class A Common Stock at a price of $9.
• Following this transaction, Shea directly owns 333,104 shares of Class A Common Stock.
• The disposals were due to the withholding of shares for tax purposes upon the vesting of restricted shares of Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.

Industry Context

This is a routine filing related to executive compensation and tax obligations, common among publicly traded companies.

Stakeholder Impact

• The disposal of shares by the CFO may have a minor impact on shareholders due to the increased supply of shares in the market, but it is primarily related to tax obligations.

Key Dates