Form 4: 1-800 FLOWERS Director Eugene F. DeMark Acquires 12,150 Shares of Class A Common Stock

Director Eugene F. DeMark acquired 12,150 shares of 1-800 FLOWERS Class A Common Stock as part of his compensation package.

Summary

• Eugene F. DeMark, a director at 1-800 FLOWERS, acquired 12,150 shares of Class A Common Stock on December 11, 2024.
• The shares were granted as part of his director compensation package.
• The shares were valued at $0 at the time of acquisition, as they are restricted shares.
• These shares vest on the first anniversary of the grant date.
• Following this transaction, Mr. DeMark beneficially owns 58,049 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The compensation package includes equity, which can incentivize long-term value creation.

Future Outlook

The restricted shares will vest on the first anniversary of the grant date.

Industry Context

Director share acquisitions are a common practice in publicly traded companies as part of compensation packages and to align director interests with shareholders.

Comparison to Industry Standards

• Director compensation packages often include equity grants, which are common across various industries.
• The vesting period of one year is a typical practice for restricted stock grants to directors.
• The value of the grant, $100,000, is within the range of director compensation packages for companies of similar size and market capitalization.

Stakeholder Impact

• The share acquisition aligns the director's interests with those of shareholders.
• The compensation package is part of the company's overall strategy to attract and retain qualified directors.

Next Steps

• The shares will vest on the first anniversary of the grant date.

Key Dates

Keywords

1-800 FLOWERS, Director, Eugene F. DeMark, Class A Common Stock, Share Acquisition, Compensation, Restricted Shares, SEC Form 4