Form 4: 1-800-FLOWERS.COM INC: Chief Information Officer Arnold P. Leap Reports Stock Disposal for Tax Purposes
SEC Form 4 Filing
Arnold P. Leap, Chief Information Officer of 1-800-FLOWERS.COM INC, reported the disposal of 1,672 shares of Class A Common Stock on November 8, 2024, for tax purposes related to vesting restricted shares.
Summary
- On November 8, 2024, Arnold P. Leap, the Chief Information Officer of 1-800-FLOWERS.COM INC, disposed of 1,672 shares of Class A Common Stock.
- The transaction was a deemed disposition exempt under Section 16(b) of the Exchange Act.
- The shares were withheld by the company for tax purposes upon the vesting of restricted shares of Common Stock.
- The price per share was $9.
- Following the transaction, Leap directly owns 100,956 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and stock vesting. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for company executives to have stock transactions related to vesting schedules and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of the transaction where 1,672 shares of Class A Common Stock were disposed of. |
| 11/12/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.