Form 4: 1-800-FLOWERS.COM Inc. Executive Arnold P. Leap Reports Stock Transaction

Chief Information Officer of 1-800-FLOWERS.COM Inc., Arnold P. Leap, reports a disposition of 2,161 shares of Class A Common Stock for tax purposes.

Summary

• Arnold P. Leap, the Chief Information Officer of 1-800-FLOWERS.COM Inc., filed a Form 4 indicating a transaction involving the company's stock.
• On December 16, 2024, Mr. Leap disposed of 2,161 shares of Class A Common Stock.
• This disposition was a result of the company withholding shares for tax purposes upon the vesting of restricted stock.
• The price per share for this transaction was $7.85.
• Following this transaction, Mr. Leap beneficially owns 95,795 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral report of a standard transaction.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the stock ownership of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The transaction is a common occurrence related to the vesting of restricted stock and subsequent tax withholding, which is typical for executive compensation packages.
• Similar filings can be seen across the industry for companies such as FTD Companies, Inc. and Teleflora, LLC, which also have executives who receive stock-based compensation.

Stakeholder Impact

• This transaction has a minimal impact on shareholders as it is a standard tax withholding event.
• The transaction does not affect the company's operations or financial position.

Key Dates

Keywords

Form 4, insider trading, stock transaction, beneficial ownership, 1-800-FLOWERS.COM, FLWS, Arnold P. Leap, Chief Information Officer, Class A Common Stock, tax withholding