Form 4: Director Leonard J. Elmore Acquires 12,150 Shares of 1-800-FLOWERS.COM Inc.

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

Summary

• Leonard J. Elmore, 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 were restricted shares.
• These restricted shares vest on the first anniversary of the grant date.
• Following the transaction, Mr. Elmore directly owns 76,554 shares of 1-800-FLOWERS.COM Inc.

Sentiment

Score: 7

Explanation: The document reflects a standard director compensation practice, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The compensation structure incentivizes long-term commitment from the director.

Future Outlook

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

Industry Context

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

Comparison to Industry Standards

• Granting restricted stock to directors is a common practice among publicly traded companies, such as 1-800-FLOWERS.COM Inc., to align their interests with shareholders.
• Many companies, including those in the retail and e-commerce sectors, use similar compensation structures to incentivize directors.
• The vesting period of one year is also a typical timeframe for such grants, ensuring long-term commitment from the directors.

Stakeholder Impact

• The share acquisition by a director can be viewed positively by shareholders as it aligns interests.
• The compensation structure incentivizes long-term commitment from the director.

Next Steps

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

Key Dates

Keywords

Director Compensation, Stock Acquisition, Restricted Shares, Form 4, 1-800-FLOWERS.COM Inc., FLWS, Leonard J. Elmore