Form 4: Director Celia Brown Acquires 12,150 Shares of 1-800 FLOWERS.COM Inc.
SEC Form 4 Filing
Celia Brown, a director at 1-800 FLOWERS.COM Inc., acquired 12,150 shares of Class A Common Stock as part of her compensation package.
Summary
- Celia Brown, a director of 1-800 FLOWERS.COM Inc., has reported a transaction involving the acquisition of company stock.
- On December 11, 2024, Ms. Brown acquired 12,150 shares of Class A Common Stock.
- These shares were granted as part of her director compensation package.
- The shares were valued at $0 at the time of acquisition, as they were part of a restricted stock grant.
- Following this transaction, Ms. Brown directly owns 46,325 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 a vesting period, which encourages long-term commitment.
Industry Context
This is a standard practice for director compensation in publicly traded companies, aligning director interests with shareholder value.
Comparison to Industry Standards
- Many publicly traded companies use stock grants as part of director compensation packages.
- The vesting period of one year is a common practice to ensure long-term commitment from directors.
- The valuation of the grant at $100,000 is within the typical range for director compensation at similar companies.
Stakeholder Impact
- The stock acquisition by a director can be viewed positively by shareholders as it aligns interests.
- The vesting period encourages long-term commitment from the director.
Key Dates
| Date | Description |
|---|---|
| 12/11/2024 | Date of the stock acquisition by Celia Brown. |
| 12/13/2024 | Date of the signature on the SEC Form 4 filing. |
Keywords
director, stock acquisition, compensation, restricted stock, 1-800 FLOWERS.COM Inc., FLWS, Class A Common Stock, insider trading
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