1-800-FLOWERS Insider Accumulates More Shares, Boosts Holdings

Rhea-AI Filing Summary

Insider activity overview: On 23 and 24 June 2025, Fund 1 Investments, LLC and its affiliated entities—collectively 10% owners of 1-800-FLOWERS.COM (FLWS)—filed a Form 4 disclosing open-market purchases of Class A common stock.

• 23 Jun 2025: 27,657 shares purchased at $5.0202
• 24 Jun 2025: 19,920 shares purchased at $5.0583

The combined acquisition of 47,577 shares raised the group’s indirect holdings to 9,527,250 shares. Transaction code “P” confirms standard open-market buys; no dispositions or derivative positions were reported.

The securities are held for the benefit of PLP Funds Master Fund LP, with Pleasant Lake Partners LLC acting as investment adviser and Fund 1 Investments, LLC as managing member. All reporting persons disclaim beneficial ownership beyond their economic interest.

Investment takeaway: Continued accumulation by a large (>10%) shareholder at approximately $5 per share may signal confidence in FLWS’s valuation. While Form 4 filings do not guarantee future performance, persistent insider buying is generally viewed positively by the market, particularly when executed at depressed price levels.

Positive

• 47,577 shares acquired across two consecutive days, signalling continued confidence from a 10% owner.
• Total indirect holdings increased to 9,527,250 shares, maintaining significant insider alignment.

Negative

• None.

Insights

Securities Analyst

TL;DR: Large shareholder added 47.6k FLWS shares, boosting stake to 9.53 M—bullish signal, no negative disclosures.

The filing shows opportunistic buying by a sophisticated 10% owner at roughly $5.04, a level near 52-week lows. The additional 47.6 k shares are immaterial to the overall float but meaningful in sentiment, indicating management-aligned confidence. No sales, derivatives, or hedges were cited, strengthening the positive bias. Absent earnings data, the transaction alone cannot shift fundamental valuation, yet historical studies show insider accumulation often precedes price recoveries.

Portfolio Manager

TL;DR: Incremental insider buy reinforces long-term conviction; modest size but supportive for sentiment.

With more than 9.5 M shares now controlled, Fund 1 and related entities remain a pivotal holder. The open-market nature (Rule 10b5-1 not indicated) suggests discretion rather than forced buying. Although the purchase represents only ~0.05% of shares outstanding, timing amid price weakness could foreshadow strategic activism or expectation of operational rebound. I classify the news as impactful on sentiment but not yet on cash flows or credit profile.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fund 1 Investments, LLC

(Last) (First) (Middle)

100 CARR 115

UNIT 1900

(Street)

RINCON PR 00677

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
1 800 FLOWERS COM INC [ FLWS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, $0.01 par value	06/23/2025		P		27,657	A	$5.0202	9,507,330	I	See Footnotes(1)(2)
Class A Common Stock, $0.01 par value	06/24/2025		P		19,920	A	$5.0583	9,527,250	I	See Footnotes(1)(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Fund 1 Investments, LLC

(Last) (First) (Middle)

100 CARR 115

UNIT 1900

(Street)

RINCON PR 00677

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

PLP Funds Master Fund LP

(Last) (First) (Middle)

100 CARR 115 UNIT 1900

(Street)

RINCON PR 00677

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Pleasant Lake Partners LLC

(Last) (First) (Middle)

100 CARR 115 UNIT 1900

(Street)

RINCON PR 00677

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Securities reported herein are held for the benefit of PLP Funds Master Fund LP (the "Master Fund") for which Pleasant Lake Partners LLC ("PLP") serves as investment adviser. Fund 1 Investments, LLC ("Fund 1") serves as managing member of PLP. Jonathan Lennon (together with Fund 1, PLP and Master Fund, the "Reporting Persons") serves as managing member of Fund 1. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.

2. Securities held for the account of Master Fund.

	/s/ Fund 1 Investments, LLC By: Benjamin C. Cable, Chief Operating Officer	06/25/2025
	/s/ PLP Funds Master Fund LP, by Pleasant Lake Partners LLC, its Investment Adviser, by Fund 1 Investments, LLC, its Managing Member By: Benjamin C. Cable, Chief Operating Officer	06/25/2025
	/s/ Pleasant Lake Partners LLC, by Fund 1 Investments, LLC, its Managing Member By: Benjamin C. Cable, Chief Operating Officer	06/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many FLWS shares did Fund 1 Investments buy in June 2025?

47,577 Class A shares were purchased on 23-24 June 2025.

At what price were the insider purchases executed?

The average purchase prices were $5.0202 and $5.0583 per share.

What is the reporting group’s total FLWS ownership after the transactions?

Their indirect beneficial ownership stands at 9,527,250 shares.

What does transaction code “P” signify in this Form 4?

Code “P” indicates an open-market purchase of the issuer’s equity.

Were any derivative securities involved in this filing?

No. Only non-derivative common stock transactions were reported.