Form 4: James F. McCann, Chairman and CEO of 1-800 FLOWERS.COM, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
James F. McCann, Chairman and CEO of 1-800 FLOWERS.COM, reports a transaction involving the disposition of Class A Common Stock to cover tax obligations upon vesting of restricted shares.
Summary
- On November 8, 2024, James F. McCann, Chairman and CEO of 1-800 FLOWERS.COM INC, reported a transaction involving Class A Common Stock.
- The transaction involved the disposition of 5,433 shares at a price of $9.
- This disposition was due to the withholding of shares for tax purposes upon the vesting of restricted shares.
- Following the transaction, McCann directly owns 279,181 shares of Class A Common Stock.
- McCann also indirectly owns 480 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock disposition.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of transaction involving the disposition of Class A Common Stock. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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