Form 4: Director James Cannavino Acquires 12,150 Shares of 1-800 FLOWERS.COM Inc.

Director James Cannavino acquired 12,150 shares of 1-800 FLOWERS.COM Inc. Class A Common Stock as part of his compensation package.

Summary

• James Cannavino, a director at 1-800 FLOWERS.COM Inc., 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.
• Following the transaction, Mr. Cannavino directly owns 129,020 shares of Class A Common Stock.
• The restricted shares vest on the first anniversary of the grant date.

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 performance.

Industry Context

This is a standard practice for director compensation in publicly traded companies, aligning director interests with shareholder value.

Comparison to Industry Standards

• Equity-based compensation for directors is a common practice across publicly listed companies.
• The vesting period of one year is also a typical arrangement to ensure long-term commitment.
• Many companies in the retail and e-commerce sector use similar compensation structures to attract and retain board members.

Stakeholder Impact

• The share acquisition by a director can be viewed positively by shareholders as it aligns interests.
• The compensation structure may also impact employee morale, as it demonstrates the company's commitment to its leadership.

Key Dates

Keywords

director, share acquisition, compensation, restricted stock, insider trading, 1-800 FLOWERS.COM Inc., FLWS