1-800-FLOWERS.COM (FLWS) director reports tax-related share disposition
Rhea-AI Filing Summary
1-800-FLOWERS.COM director and 10% owner Christopher G. McCann reported a small share disposition tied to tax withholding. On 12/11/2025, 5,024 shares of Class A common stock were withheld at $4.39 per share when restricted shares vested, a transaction classified as a deemed disposition exempt under Section 16(b) of the Exchange Act. After this, he beneficially owned 610,963 Class A shares directly, along with additional indirect holdings through a grantor retained annuity trust and as custodian for his son.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,024 | $4.39 | $22K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Transaction is a deemed disposition that is exempt under Section 16(b) of the Exchange Act consisting of the withholding for tax purposes of shares of Common Stock by the Company upon vesting of restricted shares of Common Stock. Shares held by a Grantor Retained Annuity Trust of which Reporting Person is the Trustee. Shares held by Reporting Person as custodian for his son.
FAQ
What insider transaction did FLWS disclose in this filing?
The filing reports that Christopher G. McCann, a director and 10% owner of 1-800-FLOWERS.COM (FLWS), had 5,024 Class A common shares withheld on 12/11/2025 for tax purposes upon vesting of restricted shares.
What is Christopher G. McCann’s relationship to 1-800-FLOWERS.COM (FLWS)?
Christopher G. McCann is reported as both a Director and a 10% Owner of 1-800-FLOWERS.COM (FLWS).
Why is the FLWS insider transaction described as a deemed disposition exempt under Section 16(b)?
The explanation states that the transaction is a deemed disposition exempt under Section 16(b) because it consists of shares of common stock withheld by the company for tax purposes upon vesting of restricted shares.