Form 4: Director McCann's Tax-Related Stock Disposition

1-800-FLOWERS.COM Director Christopher G. McCann reported a tax-related disposition of 5,830 Class A Common Stock shares.

Summary

• Christopher G. McCann, a Director and 10% Owner of 1-800-FLOWERS.COM, Inc. (FLWS), reported a transaction on November 10, 2025.
• McCann disposed of 5,830 shares of Class A Common Stock at a price of $3.29 per share.
• This disposition was a withholding by the company for tax purposes upon the vesting of restricted shares of Common Stock, which is considered a 'deemed disposition' exempt under Section 16(b) of the Exchange Act.
• Following this transaction, McCann directly beneficially owns 511,258 shares of Class A Common Stock.
• Additionally, McCann indirectly beneficially owns 353,084 shares through a Grantor Retained Annuity Trust and 110 shares as custodian for his son, totaling 353,194 indirect shares.
• The total beneficial ownership for Christopher G. McCann after this transaction is 864,452 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary disposition of shares for tax withholding upon the vesting of restricted stock, which is a neutral event for the company's operational or financial performance.

Positives

• The transaction indicates the vesting of restricted shares, which represents the realization of equity compensation for the director.

Negatives

• A reduction of 5,830 shares in direct beneficial ownership occurred due to tax withholding, though this is a non-discretionary event.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The disposition of shares was a withholding by the company for tax purposes upon the vesting of restricted shares, a standard compensation-related transaction between the insider and the issuer.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine compensation-related event that does not reflect a discretionary sale or change in company fundamentals.
• Employees: No direct impact on general employees.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares for tax withholding upon the vesting of restricted stock. Such transactions are common for executives receiving equity compensation and do not typically signal a change in the company's fundamental performance or the insider's view of the company's prospects. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

FLWS, 1-800-FLOWERS.COM, Christopher G. McCann, Form 4, insider transaction, stock disposition, tax withholding, director, 10% owner, Class A Common Stock